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11-15 Halton Road, Spilsby, Lincolnshire, PE23

Guide Price
£200,000

£200.00 per sq ft

Business rates & charges may apply

PYGOTT & CRONE COMMERCIAL, Lincoln
SIZE AVAILABLE

1,000-3,000 sq ft

93-279 sq m

SECTOR

Commercial property for sale

Key features

  • For Sale by Auction – T & C's apply
  • Buyers fees apply
  • Potential Residential development
  • CEPC - F (130)
  • Overall floor area 454.8 sqm (4896 sqft)
  • Annex 100.6 sqm (1083 sqft)
  • Outbuildings 15.6 sqm (168 sqft)
  • Can be sold with tenant
  • Flat EPC Rating - E, Council Tax Band - A

Description

For Sale by Auction – T & C's apply

An opportunity to acquire this substantial investment opportunity consisting of a 5 bedroom residential maisonette and ground floor retail shops with workshops, outbuilding and former coach house to the rear. The property would suit a development opportunity and change of use subject to planning. 

BUYING CONDITIONS

This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Paym

DESCRIPTION

An opportunity to acquire this substantial investment opportunity consisting of a 5 bedroom residential maisonette and ground floor retail shops with workshops, outbuilding and former coach house to the rear. The property would suit a development opportunity and change of use subject to planning.

Location

The property is situated in the town centre close to the market place and surrounded by a mix of commercial and residential uses. There are a number of local, regional and national retailers in the town including Sainsburys, Yorkshire Outlet shop amongst others. Spilsby is a market town adjacent to the A16 and is 33 miles east of Lincoln, 17 miles north east of Boston and 13 miles north west of Skegness. The town lies on the south edge of the Lincolnshire Wolds.

ACCOMMODATION

5 bedroom maisonette at first and second floor 2 bathrooms , en suite roof terrace2 shopsworkshop/outbuildingsformer coach house yard area

PLANNING

The property has an established use as a retail shop with workshops and residential maisonette above

SERVICES

Mains electricity, water, gas and drainage are connected to the property

TENURE

The property is offered freehold subject to a tenancy in the shop and workshops. The tenant is trading as AE Wildman & Son. The tenancy is on a 12 month rolling tenancy at £9600 pax. The ,landlord has confirmed that vacant possession can be made subject to the appropriate notice being given to the client.

RATEABLE VALUE

The commercial has a rateable value of £6900 . The maisnonette is council tax A.

CEPC

The property has an EPC of F

LEGAL COSTS

Each party are responsible for their own legal costs

VAT

The price is exclusive of VAT if applicable

LOCAL AUTHORITY

East Lindsey District Council The HubMareham RoadHorncastle LincolnshireLN9 6PHTel

VIEWINGS

Pygott & Crone Commercial 36a Silver StreetLincoln LN2 1EWTel

Energy Performance Certificates

EPC 1

11-15 Halton Road, Spilsby, Lincolnshire, PE23

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Thorpe Culvert Station5.4 miles

About PYGOTT & CRONE COMMERCIAL, Lincoln

36a Silver Street, Lincoln, LN2 1EW

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 10594134. 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 PYGOTT & CRONE COMMERCIAL, Lincoln. 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 PYGOTT & CRONE COMMERCIAL, Lincoln on 01522 304008.

*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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