For Sale By Auction | 18:30, 07 April 2020

6 Mercer Row, Louth, Lincolnshire, LN11 9JQ

*Guide | £150,000+ (plus fees)

  • Retail Property (high street)
  • Tenure: Freehold

Call the team on 01427 616436 for more information

Auction Date

Tue 07/04/2020

Auction Time

18:30

Auction Venue

POSTPONED UNTIL FURTHER NOTICE

This property will be offered for sale by auction at Thonock Park (Gainsborough Golf Club) at a date to be announced following further advise from the Government relating to Public Gatherings. ALL INTEREST & OFFERS INVITED!

Situation: The premises occupies a prominent position on Mercer Road, Louth in the heart of this Lincolnshire market town. The town centre itself offers a wealth of facilities and amenities and nearby retailers include Boyes, Lloyds Bank, Boots, SPAR, NatWest, HSBC, and Greggs along with a number of independent retailers, eateries and Public Houses. Description: A ground floor shop with significant potential for residential conversion subject to the necessary planning conditions being approved. The premises is offered for sale with the full freehold and benefits from several parking spaces for a 4/5 vehicles.

Tenure

Freehold

Primary retail frontage to Mercer Row, enclosed display windows and door into

Primary sales area: 7.95m x 8.10m (26’1 x 26’7) maximum With positional storage space and access to rear yard. Doorway to ancillary sales area 3.84m x 3.43m (12’7 x 11’3) Display racking and storage shelving in both primary and ancillary. Further doorway into Inner Lobby With door to Toilet With low level flush w.c., pedestal wash hand basin, storage shelving and double glazed window to rear elevation. Further door from the Inner Hallway to Staff kitchen area 3.07m x 3.96m (10’1 x 13’0) With wall mounted gas boiler/water heater, timber and glazed window to the side elevation, sink and drainer unit, storage heater and door to Further inner Lobby With access to rear yard, storage heater

Storage Room 1

3.43m x 3.66m (11’3 x 12’0) with additional 1.30m x 2.06m (4’3 x 6’9) area With three double glazed windows to the side elevation, wall mounted gas fire, storage heater Storage Room 2 Walk in recess plus 2.31m x 3.71m (7’7 x 12’2) Double glazed window to the side elevation, storage shelving throughout (as in storage room 1) From the Lobby Door to Storage Room 3 2.31m x 2.77m (7’7’ x 9’1) Single glazed window to the side elevation, storage shelving through out.

General Remarks

Possession Subject to existing lease agreements. Viewing Strictly by appointment with Auction House. Services Prospective purchasers are advised to make their own enquiries of the relevant statutory authorities. NB: Services, Apparatus and Equipment have not been tested by Auction House and therefore cannot be verified as being in working order. The buyer is advised to obtain verification from their Solicitor/Surveyor. These particulars are believed to be correct but their accuracy is not guaranteed and they do not form any part of any contract. Information relating to Rating and Town & Country Planning matters has been obtained by verbal enquiry only. Prospective purchasers are advised to make their own enquiries of the appropriate Authority. All measurements, areas and distances are approximate only. Potential purchasers are advised to check them.

Services

Interested parties are invited to make their own enquiries to the relevant authorities as to the availability of the services.

Local Authority

East Lindsey District Council

Solicitors

HSR Law, 26/26a Hickman Street, Gainsborough, DN21 2DZ, Ref: Ryan Morgan, Tel: 01427 613831

Important Notice to Prospective Buyers:

We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.

Additional Fees

Administration Charge - £900 inc VAT payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.