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Total views:  2490
Guide price
£279,000

Retail property (high street) for sale

High Street, Spilsby, Lincolnshire, PE23 5JH
Auction
Retail property (high street)
1000
Added > 14 days

Features and description

  • Mixed commercial residential letting opportunity
  • 4 retail units
  • 3 x one bedrooms flats over 3 floors
  • Centre of popular market town
  • Freehold
*For sale via secure sale online bidding: terms and conditions apply.*

We are pleased to offer to auction 'The Franklin Centre', an opportunity to acquire a mixed commercial residential letting opportunity in the centre of this popular market town on the edge of the Lincolnshire Wolds comprising a parade of 4 retail units off a central passage together with 3 x one bedrooms flats over 3 floors.

Please note we have not inspected this property.

Rooms

Location
The Franklin Centre is found along the High Street at Spilsby. Spilsby is a market town situated in the Lincolnshire Wolds approximately 12 miles from the coastal resort of Skegness, approximately 17 miles north of the port town of Boston and 32 miles east of the city of Lincoln. The town has primary and secondary schools, a range of local shops including bakers, greengrocers & newsagents, supermarkets, doctor’s surgery, dentists and a range of pubs and restaurants. It is on the Skegness to Lincoln and Mablethorpe to Boston bus routes and holds a weekly market on a Monday. There are a number of club and societies for all ages.

Accommodation - Shop
Retail Premises: The Franklin Centre consists of 4 retail units off a central passage with a herringbone tiled floor and panelled ceiling. Units 1 & 2 24'9 x 10' (7.54m x 3.05m) Presently used as a salon which has two defined areas with laminate effect floor throughout, 2 bespoke hair washing sinks with cupboards to the side each with electric water heaters, 2 wall mounted hairdryers and 3 hair styling mirrors with worksurface and assorted chairs. The Kiosk 12'7" x 3'9" (3.84m x 1.14m ) Being a glazed display and retail unit with 4 single glazed windows under a tiled display roof. Unit 3 21'7" x 19'6" / 6'7" (6.58m x 5.94m / 2.01m ) Presently used as a sports injury treatment room. Having light and power, laminate effect floor. Kitchen 5'3" x 5' (1.60m x 1.52m) With wall and base units, stainless steel single drainer sink with mixer tap. Door to: Rear Covered Area 6'8" x ...

Accommodation
Ground Floor Flat With single glazed door off the passage opening into: Entrance Lobby Kitchen 10'2" x 9'9" max (3.10m x 2.97m max ) With wall and base units, worksurface with stainless steel single drainer sink, storage heater, space for electric cooker with hood over, space and plumbing for washing machine, 2 single glazed windows, exterior door to rear passageway. Bathroom 8'8" x 5' (2.64m x 1.52m) Comprising bath with electric shower over, wc, wash hand basin, heated towel rail, extractor fan. Lounge 16' x 11'1" (4.88m x 3.38m) With storage heater, Upvc double glazed window to rear, TV point. Bedroom 10' x 9'8" (3.05m x 2.95m) Upvc double glazed window to rear, storage heater. First & Second Floor Flats Both have a single access off the ground floor passage with stairs leading to the first floor landing with fire escape door giving emergency access over the single s...

Accommodation - Flat 1
Flat 1: With door into: Entrance Hall Lounge 14'8" x 12'4" (4.47m x 3.76m) With Upvc double glazed front window, storage heater, archway to: Kitchen 8' x 6'5" max (2.44m x 1.96m max ) Having wall and base units, worksurface with stainless steel single drainer sink, space for electric cooker, splash-back tiling, door to: Shower Room 8' x 4' (2.44m x 1.22m) Equipped with a shower cubicle with electric shower, wash hand basin, wc, electric fan heater, Upvc double glazed rear window. Bedroom 11'3" x 8'7" (3.43m x 2.62m ) Having Upvc double glazed front window, storage heater.

Accommodation - Flat 2
Second Floor Landing Flat 2:- With door into: Entrance Hall Bedroom 11'7" x 9'5" (3.53m x 2.87m) With Upvc double glazed front window. Lounge 14'10" x 11'10" max (4.52m x 3.61m max) Upvc double glazed front window, storage heater, TV point. Kitchen 11' x 6'7" (3.35m x 2.01m ) With wall and base units, worksurface with stainless steel single drainer sink, space for washing machine, Upvc double glazed rear window. Bathroom 7'6" x 4'10" (2.29m x 1.47m) Having bath, wc, wash hand basin, Upvc double glazed window.

Tenure
Freehoold: Title number LL94254.

Rateable Value
Units 1 & 2 - Rateable Value £4,250. Unit 7 - Rateable Value £1,975. Unit 4 - Rateable Value £ 2,750. Unit 3 - Rateable Value £2,375.

EPC
EPC Rating C. Available upon Request.

Auctioneers Additional Comments
Pattinson Auction are referred to below as The Auctioneer. This auction lot is being sold under either conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer. The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer. Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between any marketing agent and The Auctioneer so that all matters can be dealt with effectively. The property is being sold via a transparent online auction. To submit a bid on any property marketed by The Auctioneer, all bidders buyers must adhere to a verification of identity process in line with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere. Our verification process is in place to ensure AML procedures are carried out in accordance with the law

Auctioneers Additional Comments
The advertised price is commonly referred to as a Starting Bid or Guide Price and is accompanied by a Reserve Price. The Reserve Price is confidential to the seller and the auctioneer and will typically be within a range above or below 10% of the Guide Price , Starting Bid. These prices are subject to change. An auction can be closed at any time with the auctioneer permitting for the property (the lot) to be sold prior to the end of the auction. A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers obligations and sellers commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.

Auctioneers Additional Comments
In order to secure the property and ensure commitment from the seller, upon exchange of contracts, the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price. The deposit will form part of the purchase price. A non-refundable reservation fee of up to 6% inc VAT (Subject to a minimum fee which could be up to 7,200 inc VAT) is also payable upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs. Both the Marketing Agent and the Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received. There is no requirement or obligation to use any recommended suppliers or services.

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About this agent

Pattinson - Commercial
Pattinson - Commercial
2 Hill Street, Gateshead Tyne and Wear NE8 2AS
0191 392 0913
Full profileProperty listings
Pattinson Estate Agency is an award-winning family-run business that was Launched in 1977 on Independence Day. This is no coincidence, as independence is central to our company ethos. We are the most recognised estate agency in the North East, and in that time we have grown from 1 office to 28, with 300 members of staff, and we officially sell more properties in the North East, than any other estate agency. However, we don’t just sell houses! Our many property services include sales, lettings (property management), auction, commercial, financial services, conveyance and surveys, and we have it all under one roof! We can be contacted 6 days a week at extended hours, as we have a dedicated Regional Team who take the overspill calls from our 28 branches, so all client relationships are built and maintained. At Pattinsons, we are innovative leaders in the property industry, with pro-active selling, a reliable reputation, and substantial repeat business. Our national secure sale department, ‘Pattinson Auction’, was launched 33 years ago, and is going from strength to strength. As serious players in the field of digital marketing, we successfully utilise the social media platforms TikTok, Facebook and Instagram as part of our extensive marketing process. We have a wealth of knowledge and an expansive network to help find the best solution for you and your property requirements. You can trust Pattinsons, the North East’s leading estate agency.
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