Parking/garage for sale in Wall Street, Gainsborough DN21

For sale by online auction on Tuesday, 18 Jun 2024 ending at 13:08

*online Unconditional Auction Opening 18th June 2024*

To register for the legal pack and bidding, please visit our website::

Situation:

The site is situated close to the heart of the market town of Gainsborough, and its wealth of facilities and amenities. Marshalls Yard retail and leisure complex, along with major retailors Tesco and McDonalds are also in proximity. Gainsborough itself offers excellent access to the surrounding towns of Retford and Scunthorpe, and Cities of Lincoln and Doncaster.

Description:

A rare opportunity to acquire a garage in this prime position in the heart of this popular town. The site comprises a good-sized garage building which may be an interesting and worthwhile investment opportunity with similar garage units being let in the vicinity generating a significant yield.

Material Information

Tenure:

The garage is leasehold on a term of 999 years from 1 January 2021. All prospective bidders should satisfy themselves of the tenure by inspecting the legal pack.

Council:

The property falls within West Lindsey District Council

Possession:

Vacant possession will be given upon completion.

Viewing:

At any reasonable time during daylight hours. All persons viewing should be aware that they enter the site entirely at their own risk.

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.

Additional Fees
Buyers Premium: Non-refundable £1,800 inc VAT payable on the fall of the virtual gavel

Administration Charge - Non-refundable £1,800 inc VAT payable on the fall of the virtual gavel

Disbursments - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

Price Information
* Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

Additional Fees Information
Please be aware there may be additional fees payable on top of the final sale price. This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.