Situation: The property is wonderfully situated within the heart of Gainsborough and its prominent Market Square, surrounded by a wide range of differing businesses and residential accommodation. The town centre is under going significant development with the construction of a new Cinema and leisure complex, and this is an opportunity not to be missed. Description: A traditionally constructed, Grade II listed, 3 storey property offering a huge scope for a number of different uses subject to the necessary consents. The property currently comprises a ground floor retail until with offices and storage above, however potential for mixed use residential / commercial STP would offer a huge opportunity for significant yield. Accommodation Primary retail area/shop fronting 15.24m x 3.61m (50’0 x 11’10) With shutters on windows to the front elevation. To the rear is raised service area or till and further door to understairs storage area. Door to stairwell with stairs rising to the first floor landing W.C. Hot water heater, wall mounted sink and low level flush W.C. Inner lobby, storage cupboard Room: 3.94m x 9.25m (12’11 x 30’4) Double glazed window to the side elevation, further door to Inner Lobby and stairwell with further door to Room: 5.08m x 3.94m (16’8 x 12’11) Window to the front elevation Stairs rising to second floor Room: 5.03m x 3.94m (16’6 x 12’11) Window to the front elevation, access to the roof space. Room: 5.64m x 3.00m (18’6 x 9’10) Door to further Hallway also accessed from the Landing Room: 2.11m x 2.79 (6’11 x 9’2) With access to the roof space.Material Information Tenure: The property is freehold. All prospective bidders should satisfy themselves of the tenure by inspecting the legal pack. Council Tax: The property falls within West Lindsey District Council – Current rateable value (1 April 2023 to present) £5,100 Possession: Vacant possession will be given upon complet
Energy Efficiency Rating (EPC)
Current Rating E
Services
Interested parties are invited to make their own enquiries to the relevant authorities as to the availability of the services.
Additional Fees
Buyer's Premium - Non-refundable £1,200 inc VAT payable on the fall of the virtual gavel.
Administration Charge - Non-refundable £1,200 inc VAT payable on the fall of the virtual gavel.
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.