Property photos
Guide price
£280,000
(£280.00/sq. ft)
Retail premises for sale
High Street, Spilsby PE231,000 sq. ft
Local area information
Property location
Nearby amenities
- Spilsby Primary School 0.2 miles
- King Edward VI Academy 0.3 miles
- Thorpe Culvert 5.5 miles
- Wainfleet 7.4 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Spilsby to find out more about the local area.
Features and description
- Mixed commercial residential letting opportunity
- 4 retail units
- 3 x one bedrooms flats over 3 floors
- Centre of popular market town
- Freehold
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.
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 referred to below as The Auctioneer. This auction lot is being sold under either conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer. The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer. Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between any marketing agent and The Auctioneer so that all matters can be dealt with effectively. The property is being sold via a transparent online auction. To submit a bid on any property marketed by The Auctioneer, all bidders buyers must adhere to a verification of identity process in line with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere. Our verification process is in place to ensure aml procedures are carried out in accordance with the law
Auctioneers Additional Comments
The advertised price is commonly referred to as a Starting Bid or Guide Price and is accompanied by a Reserve Price. The Reserve Price is confidential to the seller and the auctioneer and will typically be within a range above or below 10% of the Guide Price, Starting Bid. These prices are subject to change. An auction can be closed at any time with the auctioneer permitting for the property (the lot) to be sold prior to the end of the auction. 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.
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 equivalent to 5% of the purchase price. The deposit will form part of the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum of 6,000 inc VAT) is also payable upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs. Both the Marketing Agent and the Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received. There is no requirement or obligation to use any recommended suppliers or services.
*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.
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 referred to below as The Auctioneer. This auction lot is being sold under either conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer. The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer. Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between any marketing agent and The Auctioneer so that all matters can be dealt with effectively. The property is being sold via a transparent online auction. To submit a bid on any property marketed by The Auctioneer, all bidders buyers must adhere to a verification of identity process in line with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere. Our verification process is in place to ensure aml procedures are carried out in accordance with the law
Auctioneers Additional Comments
The advertised price is commonly referred to as a Starting Bid or Guide Price and is accompanied by a Reserve Price. The Reserve Price is confidential to the seller and the auctioneer and will typically be within a range above or below 10% of the Guide Price, Starting Bid. These prices are subject to change. An auction can be closed at any time with the auctioneer permitting for the property (the lot) to be sold prior to the end of the auction. 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.
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 equivalent to 5% of the purchase price. The deposit will form part of the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum of 6,000 inc VAT) is also payable upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs. Both the Marketing Agent and the Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received. There is no requirement or obligation to use any recommended suppliers or services.
More information
Listed by
Pattinson - Commercial
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