Lot
059
Auction: November 2022 Online Auction 09/11/2022

29 Market Street, Gainsborough, Lincolnshire DN21 2BE

Property Details
Location
Auction Details
Location
The property is situated fronting the north side of Market Street, close to its junction with North Street. Market Street is an attractive, town-centre high street occupied by national brands such as William Hill, Domino's, and Ladbrokes. Other nearby occupiers include Halifax, Boots, Nationwide, B&M, and Travelodge. Gainsborough is a Lincolnshire market town situated on the east side of the River Trent lying at the junction of the A156, A159 & A631 approximately 17 miles north west of Lincoln and 21 miles south east of Doncaster.
Description
A town-centre investment opportunity comprising a fully-let, mixed-use building in Gainsborough. It comprises a retail unit to the ground floor and part-first floor, with a residential unit part-first floor and second floor. The property is currently generating £22,100 of rental income per annum.
Accommodation

UnitFloor Area
Retail (Age UK)113 sq m (1,221 sq ft)
Residential (Flat) 101 sq m (1,097 sq ft)
Total214 sq m (2,318 sq ft) 

Costs
Details of the Buyer's Premium and any additional fees payable are contained within the legal documents.
VAT
The vendor has opted to tax. The sale is intended to be a transfer of a going concern.
General
1. All the information provided on our website is for indicative purposes only and interested parties should refer to the contents of the legal pack and rely upon their own due diligence as a prudent bidder.

2. PLEASE NOTE BIDDING COMMENCES ON TUESDAY 8TH NOVEMBER AND CLOSES ON WEDNESDAY 9TH NOVEMBER.

3. Energy Performance Certificate: 29 Market Street = A Flat above = C
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