Garages Nelson Street, Gainsborough, Lincolnshire, DN21 2SE

*ONLINE Unconditional Auction Opening 24 June 2024* To register for the legal pack and bidding, please visit our website: auctionhouse.co.uk/lincolnshire Situation: The site is prominently situated on Nelson Street, in this well regarded and sought after area of the town, within easy reach of the Town Centre, and its many amenities, currently undergoing significant development, along with the Marshalls Yard retails and leisure complex. Gainsborough itself is well positioned for access to the surrounding towns of Scunthorpe and Retford, and Cities of Lincoln and Doncaster. Description: A wonderful opportunity to acquire this freehold site, currently comprising a block of 10 brick built garages, and significant forecourt area, with good frontage to Nelson Street, and also alternative access via the access road to the South. This site would be suitable for a number of different uses, and offers a wealth of potential for development subject to the necessary consents being obtained. Alternatively, the site could provide good income with a significant yield opportunity on a let basis following a full shcheme of improvement works, with income between £100 and £200 per month, per garage would see this generate between £12,000 and £24,000 per annum. The site measures approximately 385 square meters. Material Information Tenure: The site is freehold. All prospective bidders should satisf…

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