For Sale By Auction | 18:30, 06 December 2018 | Lot 10

112/114 Trinity Street, Gainsborough, Lincolnshire, DN21 1HS

*Guide | £150,000 - £180,000 (plus fees)

  • Mixed Use
  • Tenure: Freehold

Call the team on 01427 616436 for more information

Auction Date

Thu 06/12/2018

Auction Time

18:30

Auction Venue

Gainsborough Golf Club Belt Road, Thonock Hill, Gainsborough, DN21 1PZ

Situation: The premises are prominently situated on the corner of Pillard House Lane and Trinity Street a busy thoroughfare to the Tesco supermarket, the prestigious Marshall’s Yard Shopping, Commercial and Leisure Complex, also the town centre and Market Place. Gainsborough is an expanding market town with good catchment area convenient for Scunthorpe and the city of Lincoln. Description: The property comprises commercial/residential premises constructed of brick under a tiled roof and comprising:

Tenure

Freehold

112 Trinity Street

An established café (the equiptment is owned by tenant) with accommodation as follows:- Ground Floor: Double fronted Café: 41.52sqm (447sqft) including servery area 8sqm (86sqft), laminate floor, alarm system, three radiators. Twin uPVC double glazed bow windows on the front elevation. Disabled w.c. Facilities: Low flush suite, wash basin, extractor fan, radiator. Lobby: wash basin Kitchen: 10.68sqm (115sqft) Preparation Room: 7sqm (75sqft), ceramic tiled floor. Rear Store: 18.17sqm (195sqft) Store: 5sqm (54sqft) Boiler Room: Wall mounted gas fired boiler for central heating and domestic hot water. Store: 7.40sqm (79sqft) Separate w.c.: Access to Garage/Store 22sqm (235sqft). Roller shutter door to Pillard House Lane.

Flat 112 Trinity Street

Approached by external staircase to first floor: Kitchen: 2.79m x 2.63m (9’1 x 8’7) uPVC double glazed door, range of built in drawer and cupboard units, inset stainless steel sink unit, Worcester wall mounted gas fired boiler for central heating. Shower Room: 2.61m x 1.64m (8’6 x 5’4) Pedestal wash basin, low flush w.c., shower cubicle, radiator. Inner Hall: Radiator. Lounge: 5.20m x 4.14m (17’0 x 13’6) uPVC double glazed bow window, radiator. Bedroom: 4.11m x 2.85m (13’5 x 9’4) plus recess, built in cupboard, uPVC double glazed window, radiator. Second Floor Bedroom: 4.76m x 4.92m (15’7 x 16’1) dormer window, two radiators.

114 Trinity Street

Sales Shop & Rear Sales Area: 15.66sqm (168sqft), and 12.12sqm (130sqft) display window to the frontage, corner entrance door, access to: Inner Hallway: Built in understairs storage cupboard. Rear Lobby: uPVC double glazed side entrance door. Kitchenette: 3.39sqm (26sqft) stainless steel sink unit, range of work surfaces with cupboards under. Separate w.c: Low flush suite, pedestal wash basin. Outside: Rear yard.

114a Trinity Street

Entrance Hall: from Trinity Street. Radiator. Staircase to First Floor Landing: Radiator. Sitting Room: 5.11m x 4.15m (16’9 x 13’7) uPVC double glazed window, fireplace, radiator. Bedroom: 4.10m x 3.23m (13’5 x 10’7) uPVC double glazed window, radiator. Bathroom: Bath, pedestal wash basin, shower cubicle, radiator. Separate w.c.: Low flush suite, pedestal wash basin, wall mounted gas fired boiler for central heating. Kitchen: 2.58m x 1.71m (8’5 x 5’7) range of built in cupboards, stainless steel sink unit. Staircase to Attic Bedroom: 4.23m x 2.89m (13’10 x 9’5) dormer window, radiator. Store.

General Remarks:

Possession: The property is sold subject to any existing Occupational Leases as follows:- 112 Trinity Street and Garage to the rear of 114 Trinity Street: Tenant: Mr. D. Shafer Lease: £650 per calendar month for a term of 3 years from the 1st May 2018. Flat 112 Trinity Street: Tenant: Mr D Shafer Rent: £175 per calendar month 114 Trinity Street: Tenant: Amed Waly Said Lease: £350 per calendar month for a term of 5 years from 1st November 2017. 114a Trinity Street: Tenant: Robert Jaroz Rent: £175 per calendar month Note: The premises are in a Selective Licensing area. When fully let the potential gross income is circa £16,200 to £18,000 per annum. Rates: Through our verbal enquiries of the West Lindsey District Council we are informed that the flats above 112 and 114 Trinity Street are in rating band “A”. 112 Trinity Street has a Rateable Value of £3,700 and 114 Trinity Street has a Rateable Value of £2,100.

Energy Efficiency Rating (EPC)

Current Rating 112 - C /Flat 112 - D & 114 - G / 114a - E

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

Burton & Dyson, 22 Market Place, Gainsborough, DN21 2BZ, Ref: Charlotte Brown, Tel: 01427 610761

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.