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Lot 20 Available £524,000

Auction: Wednesday 24th October 2018

9/11 Market Place, Gainsborough, Lincolnshire DN21 2BP

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Lot 20

6 Week Completion

Situation

Located on the pedestrianised Market Place, in the heart of the town centre, adjacent to Poundstretcher and amongst such multiple retailers as Boots, Nationwide, WH Smith, Heron Foods, Tui and Martin's.
Gainsborough is a popular market town situated approximately 15 miles north-west of Lincoln and 30 miles east of Sheffield with good road communications via the A631 and the A159.

Property

A mid terrace building comprising 2 Deep Ground Floor Shops, one having part rear first floor Ancillary Accommodation together with separate rear access via a front passageway to 2 Self-Contained Flats planned on part first and second floors with uPVC double glazing. In addition the property benefits from rear access to Heaton Street for loading.

VAT is NOT applicable to this Lot

Freehold

Enquire about this lot:

Photo of John Barnett

John Barnett
020 8492 9449
jbarnett@barnettross.co.uk

Photo of Steven Grossman

Steven Grossman
020 8492 9449
sgrossman@barnettross.co.uk

*Please note:

RESERVE

The 'Reserve' is the minimum figure for which a property can be sold as agreed between the Seller and the Auctioneer. The 'Reserve' is not disclosed and remains confidential between the Seller and the Auctioneer.

GUIDE

Where a 'Guide' is stated, it is an indication of the Seller's current minimum acceptable price ('Reserve') at auction. A 'Guide' is published to assist prospective buyers in deciding whether or not to pursue a purchase.

A 'Guide' does not represent an anticipated sale price or a valuation and the eventual sale price may be higher or lower. The sale price is determined at auction and as such cannot be predicted in advance.

The 'Guide' can be published as follows:

  • a. 'Reserve below' which means the 'Reserve' will be below the shown amount.
  • b. A single price figure where the 'Reserve' is not to exceed it.
  • c. A single price figure with a + symbol where the 'Reserve' is not to exceed that figure by more than 10%.
  • d. A minimum and maximum price range where the 'Reserve' is to be within that range.

The Seller's expectation as to the sale price may change during the marketing period as a result of interest received from prospective Buyers. Therefore, the Seller may increase or decrease the 'Reserve' at any time up to just before bidding commences. If the 'Reserve' becomes fixed at a level that makes the 'Guide' misleading, the Auctioneers will subsequently issue a revised 'Guide' as soon as is practicable. Accordingly, prospective bidders should monitor the 'Guide' with the Auctioneers prior to the Auction taking place via this website.

In addition to the purchase price the Successful Buyer or Successful Bidder will be liable to pay Barnett Ross Ltd a non-refundable administration fee of £1,500 including VAT or as specified on the Particulars of Sale and there may also be additional non-optional fixed or variable fees and costs. To establish the full cost of purchasing a property please inspect the special conditions of sale and all other documentation in the legal pack. Please also refer to any addendum that may be displayed on this page.