Former Barclays Bank, 7 Silver Street, Gainsborough

£375,000
For Sale
1/12
£375,000
For Sale
William Downing
BSc (Hons) MRICS FNAEA MIoD MARLA FNAEA (Comm)
Director
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Property summary

For Sale or To Let
Town Centre prime position
Former Banking Hall
Ideal for offices, retail, food and leisure uses
3 floors
252 sqm (2716 sqft)
To Let at £30,000 pax
For Sale at £375,000
CEPEC - TBC

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William Downing
BSc (Hons) MRICS FNAEA MIoD MARLA FNAEA (Comm)
Director

More about the property

The property comprises a substantial mid terrace former banking premises in the centre of Gainsborough surrounded by local, regional and national retailers and is close the central market place.

Location
Gainsborough is a market town, inland port and civil parish in the West Lindsey district of Lincolnshire. The town population was 20,842 at the 2011 census and estimated at 23,243 in 2019. It lies on the east bank of the River Trent, 18 miles (29 km) north-west of Lincoln, 16 miles (26 km) south-west of Scunthorpe, 20 miles south-east of Doncaster and 39 miles (63 km) east of Sheffield. It is England’s furthest inland port at over 55 miles (90 km) from the North Sea.

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Accommodation

DESCRIPTION
The property comprises a substantial mid terrace former banking premises in the centre of Gainsborough surrounded by local, regional and national retailers and is close the central market place.
TENURE
The property is offered For sale at £375,000 or on a new 3 year lease to let at £30,000 pax.
LOCATION
Gainsborough is a market town, inland port and civil parish in the West Lindsey district of Lincolnshire. The town population was 20,842 at the 2011 census and estimated at 23,243 in 2019. It lies on the east bank of the River Trent, 18 miles (29 km) north-west of Lincoln, 16 miles (26 km) south-west of Scunthorpe, 20 miles south-east of Doncaster and 39 miles (63 km) east of Sheffield. It is England's furthest inland port at over 55 miles (90 km) from the North Sea.
RATEABLE VALUE
The property has a present rateable value of £18000. This is set to be reduced to £13,000 in the April 2023 list.
ACCOMMODATION
Ground Floor:
Entrance off Silver Street
Banking Hall with rear stairs and side door
Office 1
Office 2
Safe
Office 3
Office 4 with rear door to yard area
First Floor
half landing and 2 x WCs
Second Floor
Landing
Kitchen
Office 1
Office 2 with access into
Office 3
Overall floor area of 252 sqm (2716 sqft)
CEPC
The property has an CEPC of
PLANNING
The property presently has an established use as a banking premises.
LEGAL COSTS
Each party is responsible for their own legal costs
POTENTIAL USES
The property has potential for general retail, offices, food and leisure usage.
VAT
The rent is subject to VAT
SERVICES
The property has mains gas, water, drainage and electricity connected. The agents can confirm that no services have been tested.
LOCAL AUTHORITY
West Lindsey District Council
Guildhall Marshall’s Yard
Marshalls Yard
13b Beaumont St
Gainsborough
DN21 2NA
Tel: 01426 676676
VIEWING
Contact Pygott & Crone Commercial
21 The Forum
North Hykeham
Lincoln
LN6 8HW
Tel: 01522 536777
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