MapGuide price
£299,000Property for sale
High Street, Spilsby
Auction
Property
Features and description
- Tenure: Freehold
- For Sale by Online Auction
- Starting Bid £360,000 (terms and conditions apply)
- 4 Retail units
- 3 x One Bedroom Flats
- Situated in centre of Spilsby
* For Sale by Online Auction * Starting Bid of £350,000 (terms & conditions apply).
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.
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 - 7.54m x 3.05m (24'9 x 10') - 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 - 3.84m x 1.14m (12'7" x 3'9" ) - Being a glazed display and retail unit with 4 single glazed windows under a tiled display roof.
Unit 3 - 6.58m x 5.94m / 2.01m (21'7" x 19'6" / 6'7" ) - Presently used as a sports injury treatment room. Having light and power, laminate effect floor.
Kitchen - 1.60m x 1.52m (5'3" x 5') - With wall and base units, stainless steel single drainer sink with mixer tap. Door to:
Rear Covered Area - 2.03m x 1.42m (6'8" x 4'8") - With polycarbonate roof.
Unit 4 - 3.76m x 3.05m (12'4" x 10') - Being a retail sales unit with laminate effect floor, single glazed window and door, light and power, spotlights.
Recessed Kitchen - 1.24m x 0.97m (4'1" x 3'2") - With stainless steel single drainer sink with mixer tap, wall and base units.
Unit 7 - 4.01m x 1.91m (13'2" x 6'3") - Retail unit with single glazed display windows and door, single glazed rear window, light and power.
Display Area - 3.30m x 1.07m (10'10" x 3'6" ) - With 3 single glazed display windows, 2 inset spotlights, light and power.
Ground Floor Flat - With single glazed door off the passage opening into:
Entrance Lobby -
Kitchen - 3.10m x 2.97m max (10'2" x 9'9" 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 - 2.64m x 1.52m (8'8" x 5') - Comprising bath with electric shower over, wc, wash hand basin, heated towel rail, extractor fan.
Lounge - 4.88m x 3.38m (16' x 11'1") - With storage heater, Upvc double glazed window to rear, TV point.
Bedroom - 3.05m x 2.95m (10' x 9'8") - 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 - 2.21m x 1.52m (7'3" x 5') - Specifically for the use of the ground floor shop units having a wc, wash hand basin, tiling to 3 walls.
Flat 1:- - With door into:
Entrance Hall -
Lounge - 4.47m x 3.76m (14'8" x 12'4") - With Upvc double glazed front window, storage heater, archway to:
Kitchen - 2.44m x 1.96m max (8' x 6'5" max ) - Having wall and base units, worksurface with stainless steel single drainer sink, space for electric cooker, splash-back tiling, door to:
Shower Room - 2.44m x 1.22m (8' x 4') - Equipped with a shower cubicle with electric shower, wash hand basin, wc, electric fan heater, Upvc double glazed rear window.
Bedroom - 3.43m x 2.62m (11'3" x 8'7" ) - Having Upvc double glazed front window, storage heater.
Second Floor Landing -
Flat 2:- - With door into:
Entrance Hall -
Bedroom - 3.53m x 2.87m (11'7" x 9'5") - With Upvc double glazed front window.
Lounge - 4.52m x 3.61m max (14'10" x 11'10" max) - Upvc double glazed front window, storage heater, TV point.
Kitchen - 3.35m x 2.01m (11' x 6'7" ) - With wall and base units, worksurface with stainless steel single drainer sink, space for washing machine, Upvc double glazed rear window.
Bathroom - 2.29m x 1.47m (7'6" x 4'10") - Having bath, wc, wash hand basin, Upvc double glazed window.
Outgoings And Potential Income. - 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
Rents - Units 3 and the Kiosk are currently rented with a combined rent of £380 per calendar month.
The remaining retail units are currently vacant or owner used with the previous combined rent being £960 per calendar month.
The 3 Flats are all let with a combined rent of £1168 per calendar month.
Local Authority - All 3 flats are rated as Council Tax Band A payable to Local Authority: East Lindsey District Council, The Hub, Mareham Road, Horncastle, Lincs, LN9 6PH. [use Contact Agent Button].
Energy Performance Certificate - The property has an energy rating of __. The full report is available from the agents or by visiting Reference Number: ____.
Viewing - Viewing is strictly by appointment with the Skegness office at the address shown below.
Directions - The Franklin Centre is situated in the centre of Spilsby town on the High Street overlooking the market place.
What 3 Words - shatters.genetics.deploying
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.
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 - 7.54m x 3.05m (24'9 x 10') - 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 - 3.84m x 1.14m (12'7" x 3'9" ) - Being a glazed display and retail unit with 4 single glazed windows under a tiled display roof.
Unit 3 - 6.58m x 5.94m / 2.01m (21'7" x 19'6" / 6'7" ) - Presently used as a sports injury treatment room. Having light and power, laminate effect floor.
Kitchen - 1.60m x 1.52m (5'3" x 5') - With wall and base units, stainless steel single drainer sink with mixer tap. Door to:
Rear Covered Area - 2.03m x 1.42m (6'8" x 4'8") - With polycarbonate roof.
Unit 4 - 3.76m x 3.05m (12'4" x 10') - Being a retail sales unit with laminate effect floor, single glazed window and door, light and power, spotlights.
Recessed Kitchen - 1.24m x 0.97m (4'1" x 3'2") - With stainless steel single drainer sink with mixer tap, wall and base units.
Unit 7 - 4.01m x 1.91m (13'2" x 6'3") - Retail unit with single glazed display windows and door, single glazed rear window, light and power.
Display Area - 3.30m x 1.07m (10'10" x 3'6" ) - With 3 single glazed display windows, 2 inset spotlights, light and power.
Ground Floor Flat - With single glazed door off the passage opening into:
Entrance Lobby -
Kitchen - 3.10m x 2.97m max (10'2" x 9'9" 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 - 2.64m x 1.52m (8'8" x 5') - Comprising bath with electric shower over, wc, wash hand basin, heated towel rail, extractor fan.
Lounge - 4.88m x 3.38m (16' x 11'1") - With storage heater, Upvc double glazed window to rear, TV point.
Bedroom - 3.05m x 2.95m (10' x 9'8") - 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 - 2.21m x 1.52m (7'3" x 5') - Specifically for the use of the ground floor shop units having a wc, wash hand basin, tiling to 3 walls.
Flat 1:- - With door into:
Entrance Hall -
Lounge - 4.47m x 3.76m (14'8" x 12'4") - With Upvc double glazed front window, storage heater, archway to:
Kitchen - 2.44m x 1.96m max (8' x 6'5" max ) - Having wall and base units, worksurface with stainless steel single drainer sink, space for electric cooker, splash-back tiling, door to:
Shower Room - 2.44m x 1.22m (8' x 4') - Equipped with a shower cubicle with electric shower, wash hand basin, wc, electric fan heater, Upvc double glazed rear window.
Bedroom - 3.43m x 2.62m (11'3" x 8'7" ) - Having Upvc double glazed front window, storage heater.
Second Floor Landing -
Flat 2:- - With door into:
Entrance Hall -
Bedroom - 3.53m x 2.87m (11'7" x 9'5") - With Upvc double glazed front window.
Lounge - 4.52m x 3.61m max (14'10" x 11'10" max) - Upvc double glazed front window, storage heater, TV point.
Kitchen - 3.35m x 2.01m (11' x 6'7" ) - With wall and base units, worksurface with stainless steel single drainer sink, space for washing machine, Upvc double glazed rear window.
Bathroom - 2.29m x 1.47m (7'6" x 4'10") - Having bath, wc, wash hand basin, Upvc double glazed window.
Outgoings And Potential Income. - 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
Rents - Units 3 and the Kiosk are currently rented with a combined rent of £380 per calendar month.
The remaining retail units are currently vacant or owner used with the previous combined rent being £960 per calendar month.
The 3 Flats are all let with a combined rent of £1168 per calendar month.
Local Authority - All 3 flats are rated as Council Tax Band A payable to Local Authority: East Lindsey District Council, The Hub, Mareham Road, Horncastle, Lincs, LN9 6PH. [use Contact Agent Button].
Energy Performance Certificate - The property has an energy rating of __. The full report is available from the agents or by visiting Reference Number: ____.
Viewing - Viewing is strictly by appointment with the Skegness office at the address shown below.
Directions - The Franklin Centre is situated in the centre of Spilsby town on the High Street overlooking the market place.
What 3 Words - shatters.genetics.deploying
Property information from this agent
About this agent
Willsons is an independent firm of property professionals proudly celebrating 175 years of practising in eastern Lincolnshire with offices in Alford and Skegness. We pride ourselves on being able to deliver a quality service to our clients with a personal touch. Our areas of expertise are: ESTATE AGENCY We provide a professional yet highly personal service and enjoy a proven track record in the sale of all types of properties across our region from the Wolds to the sea. LETTINGS AND PROPERTY MANAGEMENT Our Rental Department undertakes the letting and management of a wide range of properties and are able to offer a complete service so that you can relax knowing that your investment property is being properly managed. VALUATIONS As a firm of Chartered Surveyors, we have qualified valuers who can undertake the valuation of a wide variety of residential and agricultural properties for various purposes including for matrimonial and probate matters as well as RICS Red Book valuations. AUCTIONS Take advantage of competitive bidding; our auctioneers will advise you how to achieve the best result whether it be property, livestock, farm machinery and equipment. Willsons hold regular auctions of furniture, effects & antiques at Well near Alford. LAND AGENCY & AGRICULTURE Willsons are members of the Royal Institute of Chartered Surveyors and the Central Association of Agricultural Valuers “Professionals in the Countryside” with a dedicated team servicing the agricultural community in all areas of business. Quality through experience