Situation: The property is located in the heart of Gainsborough town centre, being a popular and traditional Lincolnshire market town. The town centre itself is undergoing significant regeneration thanks to Lottery Grant Funding. Many of the historic shop fronts have been, or are being restored, with the addition of residential conversions as well. There is also a Savoy Cinema complex under construction, with additional retails/restaurant units. Nearby occupiers include Halifax, YBS, Boots, and a wide range of local and small business operators. Gainsborough itself is well positioned for access to the surrounding towns of Scunthorpe and Retford, along with Cities of Doncaster and Lincoln. Description: A wonderful opportunity to acquire the freehold of this well positioned ground floor property, providing an ideal space for office or lock up shop unit. The site, accessed via a gated courtyard, may offer scope for further development as part of the larger premises and the adjacent buildings within White Lion Yard (offered as separate lots). An internal viewing is a must to appreciate the scope and potential of this property.

Tenure

Freehold

Accommodation

Ground Floor: Lock up Shop/Office Space

Material Information

Tenure: The property is freehold. All prospective bidders should satisfy themselves of terms of the tenure, ground rent and service charge if applicable, by inspecting the legal pack. Council: The property falls within West Lindsey Council 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 and Country Planning matters has been obtained by verbal enquiry only. Prospective purchasers are advised to make their own enquiries of the appropriate Authority. Information relating to Phone & Broadband can be found by visiting Ofcom. All measurements, areas and distances are approximate only. Potential purchasers are advised to check them. Any potential rental incomes are approximate based on Rightmove data at the time of preparing the details and bidders are advised to check with a local agent for an accurate valuation.

Services

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

Local Authority

West Lindsey District Council

Solicitors

Devall Law, Ref: Michael Devall, Tel: 01489 579804

Additional Fees

Administration Charge - £3600 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.