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18 Station Street, and 1 Chapel Lane, Spalding, Lincolnshire PE11 1EF

Guide Price
£120,000

Business rates & charges may apply

Auction House East Anglia, Norwich
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SECTOR

2 bedroom mixed use property for sale

Key features

  • Retail shop and flat above - currently tenanted producing £15,500 pa
  • Two bed flat
  • Two receptions
  • For sale by livestream auction
  • 10am, Wednesday 21st October 2026
  • Guide Price: £120,000 - £140,000
  • Unless sold or withdrawn prior

Description

FOR SALE BY LIVESTREAM AUCTION ON WEDNESDAY 21ST OCTOBER 2026

TO REGISTER FOR LEGAL PACKS AND BIDDING INSTRUCTIONS PLEASE VISIT OUR WEBSITE

A mixed use investment comprising a retail shop producing £8,000 pa and a two bedroom flat above with separate access at the rear producing £7,500pa

This mixed use investment is currently tenanted with the shop unit providing a rental income of £8,000 pa (£666.67 pcm) and the flat providing rent of £7,500 pa (£625 pcm). The shop unit is 50.52 sq/m and offers a sales area, office, kitchen and a toilet area with a small yard area. The flat is on the first and second floors and provides a lounge, dining room, kitchen, two bedrooms and a shower room.

Spalding offers a variety of shopping and recreational facilities and a rail link into Peterborough and services into London Kings Cross.

Ground Floor - Shop Shop area, office, kitchen, w.c.
First Floor - Flat Kitchen, lounge, dining room shower room.
Second Floor - Flat Landing, two bedrooms
Business Rates According to the Valuation Office website the (premises) has a current rateable value of £6,800 with effect from 1 April 2026.
Council Tax Band A
Notes The Postcode for the Flat is PE11 1BP.

We have not had access to the flat for inspection and have been provided details from Longstaff & Co LLP.

Tenure: Freehold

EPC Rating: D

Administration Fee: £1200 inc VAT payable on exchange of contracts.

Buyer's Premium Fee: £1200 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.

18 Station Street, and 1 Chapel Lane, Spalding, Lincolnshire PE11 1EF

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Spalding Station0.1 miles

About Auction House East Anglia, Norwich

The Barn, Newmarket Road, Cringleford, Norwich, NR4 6UE

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 202609011714sq_d3l7. 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 East Anglia, Norwich. 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 East Anglia, Norwich on 01603 361707.

*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.”