The premises are situated opposite the Trinity Arts Centre on Trinity Street, a busy thoroughfare to the centre of this market town, the prestigious Marshall’s Yard Retail, Commercial and Leisure Complex and the Tesco supermarket. Gainsborough is an expanding town with plans to build a further 2,500 houses off Foxby Lane to the south. 126/126A and 128/128A form part of an end terrace block of property constructed of 9” brickwork under a double pitched tiled roof and comprises 2 retail units and 2 self contained flats as follows:-
Tenure
Freehold
126 TRINITY STREET:
Ground Floor Salon: 19.12sqm (206sqft) wash basin, electric radiator. Lobby: Understairs cupboard. Beautician’s Room: 11.78sqm (127sqft) Rest Room: 12.20sqm (131sqft) night storage heater. Rear Store: 12.55sqm (135sqft) Kitchenette: Stainless steel sink unit. Rear Lobby: Separate w.c.: Tenant: Hairdresser. Rent: £390 per calendar month.
126A TRINITY STREET:
First Floor Flat: Accommodation: Side Entrance Lobby: First Floor Landing: Sitting Room: Kitchen: Alpha wall mounted gas fired boiler for central heating and domestic hot water. Lobby: Staircase to Second Floor Landing: Bedroom: Bathroom: Tenancy: Assured Shorthold Tenancy Rent: £320 per calendar month.
128 TRINITY STREET:
Sales Shop: 17sqm (184sqft), night storage heater. Lobby: Understairs cupboard. Rear Room: 15.40sqm (165sqft) night storage heater. Kitchen: Stainless steel sink unit. Cloakroom: Wash basin and w.c. Outside: Rear yard. Tenant: Polish Food Shop. Rent: £350 per calendar month.
128A TRINITY STREET:
First Floor Flat: Sitting Room: Kitchen: Second Floor Bedroom: Bathroom: Gas central heating. Tenancy: Assured Shorthold Tenancy Rent: £320 per calendar month.
Possession:
The premises are sold subject to the existing Leases/Assured Shorthold Tenancies.
Income:
Gross income is £1,380 per calendar month. £16,560 per annum.
Services:
All mains services are available. The flats have central heating from gas fired boilers to panelled radiators.
Property Misdescription Act 1991
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.
Selective Licencing
This premises falls into the Selective Licensing in Gainsborough South West Ward and prospective purchasers are strongly advised to visit www.thehomesafescheme.org.uk or www.west-lindsey.gov.uk/selectivelicencing for further information.
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
Andrew Jay & Co, 26 Lord Street, Gainsborough, DN21 2DB, Ref: Mr Graham Bembridge, Tel: 01427 612412
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 - £600 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.