Retail premises for sale in High Street, Spilsby PE23

Summary

*For sale via secure sale online bidding: Terms and conditions apply.*

We are pleased to offer to auction 'The Franklin Centre', an opportunity to acquire a mixed commercial residential letting opportunity in the centre of this popular market town on the edge of the Lincolnshire Wolds comprising a parade of 4 retail units off a central passage together with 3 x one bedrooms flats over 3 floors.

Please note we have not inspected this property.

Location

The Franklin Centre is found along the High Street at Spilsby. Spilsby is a market town situated in the Lincolnshire Wolds approximately 12 miles from the coastal resort of Skegness, approximately 17 miles north of the port town of Boston and 32 miles east of the city of Lincoln. The town has primary and secondary schools, a range of local shops including bakers, greengrocers & newsagents, supermarkets, doctor's surgery, dentists and a range of pubs and restaurants. It is on the Skegness to Lincoln and Mablethorpe to Boston bus routes and holds a weekly market on a Monday. There are a number of club and societies for all ages.

Accommodation - Shop

Retail Premises:
The Franklin Centre consists of 4 retail units off a central passage with a herringbone tiled floor and
panelled ceiling.
Units 1 & 2
24'9 x 10' (7.54m x 3.05m)
Presently used as a salon which has two defined areas with laminate effect floor throughout, 2 bespoke hair washing sinks with cupboards to the side each with electric water heaters, 2 wall mounted hairdryers and 3 hair styling mirrors with worksurface and assorted chairs.
The Kiosk
12'7" x 3'9" (3.84m x 1.14m )
Being a glazed display and retail unit with 4 single glazed windows under a tiled display roof.
Unit 3
21'7" x 19'6" / 6'7" (6.58m x 5.94m / 2.01m )
Presently used as a sports injury treatment room. Having light and power, laminate effect floor.
Kitchen
5'3" x 5' (1.60m x 1.52m)
With wall and base units, stainless steel single drainer sink with mixer tap. Door to:
Rear Covered Area
6'8" x 4'8" (2.03m x 1.42m)
With polycarbonate roof.
Unit 4
12'4" x 10' (3.76m x 3.05m)
Being a retail sales unit with laminate effect floor, single glazed window and door, light and power, spotlights.
Recessed Kitchen
4'1" x 3'2" (1.24m x 0.97m)
With stainless steel single drainer sink with mixer tap, wall and base units.
Unit 7
13'2" x 6'3" (4.01m x 1.91m)
Retail unit with single glazed display windows and door, single glazed rear window, light and power.
Display Area
10'10" x 3'6" (3.30m x 1.07m )
With 3 single glazed display windows, 2 inset spotlights, light and power.

Accommodation

Ground Floor Flat
With single glazed door off the passage opening into:
Entrance Lobby
Kitchen
10'2" x 9'9" max (3.10m x 2.97m max )
With wall and base units, worksurface with stainless steel single drainer sink, storage heater, space for
electric cooker with hood over, space and plumbing for washing machine, 2 single glazed windows, exterior door to rear passageway.
Bathroom
8'8" x 5' (2.64m x 1.52m)
Comprising bath with electric shower over, wc, wash hand basin, heated towel rail, extractor fan.
Lounge
16' x 11'1" (4.88m x 3.38m)
With storage heater, Upvc double glazed window to rear, TV point.
Bedroom
10' x 9'8" (3.05m x 2.95m)
Upvc double glazed window to rear, storage heater.
First & Second Floor Flats
Both have a single access off the ground floor passage with stairs leading to the first floor landing with fire escape door giving emergency access over the single storey roof to the rear.
Cloakroom
7'3" x 5' (2.21m x 1.52m)
Specifically for the use of the ground floor shop units having a wc, wash hand basin, tiling to 3 walls.

Accommodation - Flat 1

Flat 1:
With door into:
Entrance Hall
Lounge
14'8" x 12'4" (4.47m x 3.76m)
With Upvc double glazed front window, storage heater, archway to:
Kitchen
8' x 6'5" max (2.44m x 1.96m max )
Having wall and base units, worksurface with stainless steel single drainer sink, space for electric
cooker, splash-back tiling, door to:
Shower Room
8' x 4' (2.44m x 1.22m)
Equipped with a shower cubicle with electric shower, wash hand basin, wc, electric fan heater, Upvc
double glazed rear window.
Bedroom
11'3" x 8'7" (3.43m x 2.62m )
Having Upvc double glazed front window, storage heater.

Accommodation - Flat 2

Second Floor Landing
Flat 2:-
With door into:
Entrance Hall
Bedroom
11'7" x 9'5" (3.53m x 2.87m)
With Upvc double glazed front window.
Lounge
14'10" x 11'10" max (4.52m x 3.61m max)
Upvc double glazed front window, storage heater, TV point.
Kitchen
11' x 6'7" (3.35m x 2.01m )
With wall and base units, worksurface with stainless steel single drainer sink, space for washing
machine, Upvc double glazed rear window.
Bathroom
7'6" x 4'10" (2.29m x 1.47m)
Having bath, wc, wash hand basin, Upvc double glazed window.
Second Floor Landing
Flat 2:-
With door into:
Entrance Hall
Bedroom
11'7" x 9'5" (3.53m x 2.87m)
With Upvc double glazed front window.
Lounge
14'10" x 11'10" max (4.52m x 3.61m max)
Upvc double glazed front window, storage heater, TV point.
Kitchen
11' x 6'7" (3.35m x 2.01m )
With wall and base units, worksurface with stainless steel single drainer sink, space for washing
machine, Upvc double glazed rear window.
Bathroom
7'6" x 4'10" (2.29m x 1.47m)
Having bath, wc, wash hand basin, Upvc double glazed window.

Tenure

Freehoold: Title number LL94254.

Rateable Value

Units 1 & 2 - Rateable Value 4,250.
Unit 7 - Rateable Value 1,975.
Unit 4 - Rateable Value 2,750.
Unit 3 - Rateable Value 2,375.

EPC

EPC Rating C. Available upon Request.

Additional Information

For further information please contact our office direct on , or alternatively via e-mail on . With regards to viewing the subject property, this is to be done strictly by appointment through Keith Pattinson Commercial department. Please contact us to arrange an internal inspection, or to register your interest.

Auctioneers Additional Comments

Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.

Please be aware that any inquiry, bid or viewing of the subject property will require your details to be shared between both the marketing agent and The Auctioneer in order that all matters can be dealt with effectively.

This auction lot is being sold either by, conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.

The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via The Auctioneers or the Marketing Agents website.

Auctioneers Additional Comments

Your details may be shared with additional service providers via the marketing agent and/or The Auctioneer.

A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers' obligations and sellers' commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.

In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification and identity process in accordance with Anti Money Laundering procedures.

Auctioneers Additional Comments

In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit of 5% of the purchase price of the lot subject to any special conditions detailed in the legal pack. The deposit will be a contribution to the purchase price. A non-refundable reservation fee may also be payable upon agreement of sale (Details of which can be obtained from the auctioneers website). The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.

Both the Marketing Agent and The Auctioneer may believe it necessary or beneficial to the customer to pass your details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.