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Auction
Guide price
£100,000
Office for sale
18 Silver Street, Gainsborough, Lincolnshire DN21Local area information
Property location
Nearby amenities
- The Gainsborough Parish Church Primary School 0.3 miles
- Good Apple Independent School (SEN) 0.3 miles
- Gainsborough Central 0.3 miles
- Gainsborough Lea Road 0.9 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Gainsborough to find out more about the local area.
Features and description
For sale by online auction on Tuesday, 09 Sep 2025 ending at 13:00
*online Unconditional Auction Opening 8 September 2025*
To register for the legal pack and bidding, please visit our website:
Situation:
The property is located in the heart of this traditional Lincolnshire market town, on the main thoroughfare to the market square, which is nearing the final stages of a substantial regeneration project having welcomed many new businesses to the town centre.
There continues to be further opportunity for redevelopment and growth, with substantial demand for residential and commercial units within the town centre. The new Savoy Cinema complex is nearing completion within 100 metres of this property and the riverside gardens and walk have also recently been completed. Gainsborough offers a diverse range of facilities and amenities, including Marshalls Yard Retail and Leisure Complex, along with excellent transport links to the surrounding towns of Retford and Scunthorpe, and the Cities of Lincoln and Doncaster.
Description:
A wonderful opportunity to acquire this substantial Grade II listed former office premises, with accommodation arranged over 4 floors, within a prime position of the town centre.
The registered use for the property falls under Class E, but due to the nature and size of the building, subject to the necessary planning permission and consents being obtained, this would provide an excellent opportunity to repurpose the building for a number of residential units, and a single retail frontage.
The rental market within the town is strong, and demand is high, with a shortage of high quality properties available on the rental market. Subsequently, a strong yield, and opportunity to add significant value makes this an enticing prospect.
Viewing recommended.
Material Information
Tenure:
The property is freehold. All prospective bidders should satisfy themselves of terms of the tenure, ground rent and service charge if applicable, by inspecting the legal pack.
Council Tax:
The property falls within West Lindsey Council – Current rateable value (1 April 2023 to present) £8,200
Possession:
Vacant possession will be
Additional Fees
Buyers Premium: Non-refundable £1,800 inc VAT payable on the fall of the virtual gavel
Administration Charge - Non-refundable £1,800 inc VAT payable on the fall of the virtual gavel.
Disbursments - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Price Information
* Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
Additional Fees Information
Please be aware there may be additional fees payable on top of the final sale price. This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.
*online Unconditional Auction Opening 8 September 2025*
To register for the legal pack and bidding, please visit our website:
Situation:
The property is located in the heart of this traditional Lincolnshire market town, on the main thoroughfare to the market square, which is nearing the final stages of a substantial regeneration project having welcomed many new businesses to the town centre.
There continues to be further opportunity for redevelopment and growth, with substantial demand for residential and commercial units within the town centre. The new Savoy Cinema complex is nearing completion within 100 metres of this property and the riverside gardens and walk have also recently been completed. Gainsborough offers a diverse range of facilities and amenities, including Marshalls Yard Retail and Leisure Complex, along with excellent transport links to the surrounding towns of Retford and Scunthorpe, and the Cities of Lincoln and Doncaster.
Description:
A wonderful opportunity to acquire this substantial Grade II listed former office premises, with accommodation arranged over 4 floors, within a prime position of the town centre.
The registered use for the property falls under Class E, but due to the nature and size of the building, subject to the necessary planning permission and consents being obtained, this would provide an excellent opportunity to repurpose the building for a number of residential units, and a single retail frontage.
The rental market within the town is strong, and demand is high, with a shortage of high quality properties available on the rental market. Subsequently, a strong yield, and opportunity to add significant value makes this an enticing prospect.
Viewing recommended.
Material Information
Tenure:
The property is freehold. All prospective bidders should satisfy themselves of terms of the tenure, ground rent and service charge if applicable, by inspecting the legal pack.
Council Tax:
The property falls within West Lindsey Council – Current rateable value (1 April 2023 to present) £8,200
Possession:
Vacant possession will be
Additional Fees
Buyers Premium: Non-refundable £1,800 inc VAT payable on the fall of the virtual gavel
Administration Charge - Non-refundable £1,800 inc VAT payable on the fall of the virtual gavel.
Disbursments - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Price Information
* Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
Additional Fees Information
Please be aware there may be additional fees payable on top of the final sale price. This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.
Floor plans and tours
Floor plans (1)
More information
Listed by
Auction House Lincolnshire, North Notts & South Yorks
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