Property for sale

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Property for sale

Unit 7 Market Arcade, Gainsborough DN21 2DY
£20,000

Our Summary

  • *ONLINE Unconditional Auction Opening 26 January 2026* To register for the legal pack and bidding, please visit our website: auctionhouse
  • Viewing: Strictly by appointment with Auction House
  • NB: Services, Apparatus and Equipment have not been tested by Auction House and therefore cannot be verified as being in working order

Description

The property is a two-story retail and office space located in the heart of Gainsborough town centre, a popular market town in Lincolnshire undergoing regeneration. The ground floor features a retail frontage with three roller shutters, ladies, gents, and private restrooms, while the first floor has multiple office rooms and a rear entrance. The property benefits from a 999-year lease of the first floor, above part of the ground floor of the Market Hall, currently let to Argos Limited, at a peppercorn rent. The property is leasehold, and the seller has made a VAT option, with VAT payable by the buyer on the price. The property falls within West Lindsey Council's council tax area, and vacant possession will be given upon completion. Viewings are strictly by appointment with Auction House, and prospective buyers are advised to make their own enquiries about services, apparatus, and equipment.