18 Silver Street, Gainsborough, Lincolnshire DN21 2DP
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- Commercial Unit
- Three Storey Grade II Listed Buildings
- Suitable for alternative uses subject to planning
- Prominent central position close to Market Place and the River Trent
- Site extends to circa 0.12 acres
- GIA - 498 sq m (5,360 sqft)
- Freehold
Description
*ONLINE Unconditional Auction Opening 8 September 2025*
To register for the legal pack and bidding, please visit our website: auctionhouse.co.uk/lincolnshire
Situation:
The property is located in the heart of this traditional Lincolnshire market town, on the main thoroughfare to the market square, which is nearing the final stages of a substantial regeneration project having welcomed many new businesses to the town centre.
There continues to be further opportunity for redevelopment and growth, with substantial demand for residential and commercial units within the town centre. The new Savoy Cinema complex is nearing completion within 100 metres of this property and the riverside gardens and walk have also recently been completed. Gainsborough offers a diverse range of facilities and amenities, including Marshalls Yard Retail and Leisure Complex, along with excellent transport links to the surrounding towns of Retford and Scunthorpe, and the Cities of Lincoln and Doncaster.
Description:
A wonderful opportunity to acquire this substantial Grade II listed former office premises, with accommodation arranged over 4 floors, within a prime position of the town centre.
The registered use for the property falls under Class E, but due to the nature and size of the building, subject to the necessary planning permission and consents being obtained, this would provide an excellent opportunity to repurpose the building for a number of residential units, and a single retail frontage.
The rental market within the town is strong, and demand is high, with a shortage of high quality properties available on the rental market. Subsequently, a strong yield, and opportunity to add significant value makes this an enticing prospect.
Viewing recommended.
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 Tax:
The property falls within West Lindsey Council – Current rateable value (1 April 2023 to present) £8,200
Possession:
Vacant possession will be given upon completion.
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.
Tenure: Freehold
EPC Rating: TBC
Administration Fee: £1800 inc VAT payable on exchange of contracts.
Buyer's Premium Fee: £1800 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.
- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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- GARDENA property has access to an outdoor space, which could be private or shared.
- Yes
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
Energy performance certificate - ask agent
18 Silver Street, Gainsborough, Lincolnshire DN21 2DP
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Visit our security centre to find out moreDisclaimer - Property reference 202507151024sq_vq5q. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Auction House, Lincolnshire. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Auction House, Lincolnshire on 01427 800574.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”
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