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Commercial property for sale
360 sq. ft*
Location The property has a prominent frontage to Ropery Road and is located close to the junction with Melrose Road, in the town of Gainsborough. Located in a predominantly residential area, however there are several neighborhood retailers within the vicinity, and the property sits next door to Mercers Wood Academy. Gainsborough sits close to major road links the A1(M) and A631 providing access to the M18. Gainsborough benefits from a range of local amenities include a post office, a park, a regular bus service and a range of national supermarket chains, as well as major facilities including Marshall’s Yard.
Description The property comprises a ground floor retail premises most recently used as a dog grooming salon, as such the property provides good quality open plan retail accommodation. Internally the property benefits from laminate flooring and recently painted walls, kitchen area and WC to the rear with good levels of natural light.
The property provides an excellent opportunity to occupy a flexible premises which would be suitable for a range of retail uses STPP, and sits within a busy neighbourhood on the edge of Gainsborough town centre. There is off road parking to the front of the property for approximately two vehicles. With 3 bedroom accommodation to the rear.
Accommodation Commercial Space to include Retail area 28.82m2 310 ft2 Kitchen area 1.41m2 15 ft2 Store area 2.94m2 35 ft2 Total internal area 3.17m2 360 ft2
Rear ground floor and first floor comprises a 3 bedroom dwelling to include lounge, kitchen, and bathroom which has a separate access and could be let out independently.
Services We understand that mains water and electricity are connected to the property. However these have not been checked or tested.
Terms For sale freehold with vacant possession.
The rental income for the commercial space is circa £7200 per annum, plus the residential income in the region of £650 per month. This represents a 6% roi
outgoings The property has a Rateable Value for the commercial space of £2,400. Rates payable is £1,118.40. For further information and eligibility for small business rate relief, please contact West Lindsey District Council on .
VAT We are advised that the property has not been elected for VAT.
Legal costs Both Parties will be responsible for their own legal costs.
Parking notes Car parking to the front for 2 small cars.
Other Finance may be available through Independent Financial Brokers and P & F Commercial would be pleased to make an introduction for you. The Brokers are completely Independent and will offer confidential, unbiased advice regulated by the Financial Authorities. Please ask for further details.
Viewing Strictly by prior appointment via the sole agents P & F Commercial Tel: Or via email
For more information about this property, please contact P & F Commercial, LE15 on +44 1664 518993 * (local rate)
Contact P & F Commercial about this property
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by P & F Commercial, and do not constitute property particulars. Please contact P & F Commercial for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.