7 Market Arcade, Gainsborough, Lincolnshire, DN21 2DY

Situation: The property is located in Gainsborough town centre, being a popular and traditional Lincolnshire market town. The town centre itself is undergoing significant regeneration thanks to Lottery Grant Funding. There is a Savoy Cinema complex under construction, with additional retails/restaurant units. The premises is located next to Gainsborough Bus Station and is well positioned for access to the surrounding towns of Scunthorpe and Retford, along with Cities of Doncaster and Lincoln. Description: With accommodation over two stories including ground floor retail frontage with three roller shutters, ladies, gents and private rest rooms. To the first floor are multiple office rooms. The property also benefits from a rear entrance. Part of the first floor of Unit 7 is above part of the ground floor of the Market Hall, Silver Street, Gainsborough currently let to Argos Limited. Accordingly, a 999 year lease of Unit 7 at a peppercorn rent will be granted to the Buyer on completion Material Information Tenure: The property is leasehold. All prospective bidders should satisfy themselves of terms of the tenure, ground rent and service charge if applicable, by inspecting the legal pack. VAT: The Seller has made a VAT option in respect of the Lot and VAT is payable by the Buyer on the Price. Council Tax: The property falls within West Lindsey Council Possession: Vacant possession…

From the Auction House South Yorkshire listing. Read the full listing and legal pack →