Guide price

£120,000

Retail premises for sale
18 Station Street, And 1 Chapel Lane, Spalding, Lincolnshire PE11

    Just added
    Auction
    Freehold
    Added on 21/09/2026

    About this property

      For sale by auction on Wednesday, 21 Oct 2026 at 10:00

      Venue: Livestream Auction

      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.

      EPC Rating: D

      Additional Fees
      Buyers Premium: £1200 inc VAT payable on exchange of contracts.

      Administration Charge - £1200 inc VAT payable on exchange of contracts.

      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.

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