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Land for sale

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Land for sale

Land, at Corringham Road, Gainsborough, Lincolnshire, DN211GU
£5,000

Our Summary

  • ** SALE BY AUCTION - 17 April 2025 - Timed Online Auction **ENHANCED TERMS OFFERED ON THIS LOT
  • May be suitable fo advertising with it's main Road frontage or for development
  • Change of use (subject to consent)
  • *** HIGH YIELD INVESTMENT ONCE LET *** EXCELLENT POTENTIAL this site may be suitable for multiple uses (subject to investigating & gaining necessary consents) FREEHOLD
  • May be suitable fo advertising with it's main road frontage or for development
  • EXCELLENT POTENTIAL this site may be suitable for multiple uses (subject to investigating & gaining necessary consents) FREEHOLD

Description

This prominent land site on Corringham Road in Gainsborough is being sold by auction on April 17, 2025, with enhanced terms offered, including a reduced buyer's fee of 1% of the sale price (minimum £1500). The 1,411sqm (0.1411ha, 0.348acres) freehold property is zoned as amenity land, making it suitable for a change of use subject to consent. With its main road frontage, it could be used for advertising or developed for multiple purposes, potentially attracting a rental income of up to £200 per week. The land is mostly flat, covered with mature trees and grass fenced on three sides, and borders Corringham Road, making it an attractive investment opportunity for those looking to diversify their portfolio.