retail in LN13

West Street, Alford, Lincolnshire, LN13 9DG

Starting Bid
£75,000
Current Bid £74,000
3 Bids
Time left:
Bid now

Online auction

Alternatively call 0191 580 1587 or email commercial@pattinson.co.uk

  • Ground floor retail unit
  • 3 bed maisonette to upper floors
  • In need of refurbishment throughout
  • Excellent investment potential
  • Popular location
  • Freehold title

retail in LN13

FOR SALE BY ONLINE AUCTION: terms and conditions apply.

We are pleased to offer to auction this property of mixed usage, in need of full modernisation, well located along West Street, Alford. To the ground floor is a retail unit suitable for a variety of uses (subject to planning). The upper floor has its own side access door to the flat, which could be separated from the downstairs space usage. The flat comprises of kitchen, lounge, space for a bathroom, and three bedrooms. There is also a small outside courtyard.

Please note that we have not inspected this property.

Summary

  • Property Type: Retail
  • Tenure: Freehold
  • Parking: Allocated

Location

Alford is a picturesque market town situated on the edge of the Lincolnshire Wolds with the benefit of the coast being only a few miles away. Alford offers a range of local amenities including popular schooling for both the Primary and Secondary Children, including the sought after Queen Elizabeth Grammar School. There is also a traditional Tuesday and Friday market, doctors' surgery, dentist, Co-op as well as a choice of pubs/restaurants and various day to day shops. Regular bus services also run to Mablethorpe, Louth and Skegness.

Accommodation

GROUND FLOOR

Shop
8.20 x 3.40
Being entered via a wooden door off the West Street, into the ground floor shop, having a large bay window to the street elevation, through to the rear off the there is a further room with side double door exit into a courtyard, there is currently access via stairs to the above flat.

Side Alleyway:
9.40 x 0.80 (stretching to 1.40)
Accessed from rear room in the shop with door to the front elevation.

Kitchen (Downstairs):
3.0 x 2.90
Having a window to front elevation into alleyway and further side window looking onto the court yard. Having the original brick built fire place and Butler sink in place.

Back Store Room:
5.40 x 3.0
Having a wooden door to the side elevation, sloping ceiling and further door into rear store.

Further Store:
3.00 x 2.60
being accessed from the rear store room, having a further door to the side elevation to outside and access to the ground floor WC.

WC:
1.30 x 0.90
Comprising of WC

FIRST FLOOR

Flat
Landing:
Being accessed from the ground floor and giving access to First floor rooms.

Kitchen:
3.50 x 3.00
Having a window to the rear elevation, built in cupboard storing the hot water cylinder, electric sockets and light and also having a range of fitted base units.

Lounge:
4.50 x 3.90
Having a window to the front elevation, electric sockets, ceiling light and original open fire place with hearth and surround.

Office:
3.0 x 1.40
This room could be used for several uses either utility room, en-suite bathroom, or an office space.

Bedroom One:
3.00 x 2.90
Having a step down from the landing, and a window to the rear elevation, ceiling light and electric sockets.

SECOND FLOOR

Landing:
Having stairs from the first floor and a small landing giving access to the further bedrooms.

Bedroom Two:
2.90 x 2.20
Having a window to the front elevation, ceiling light and sockets.

Bedroom Three:
4.00 x 2.10
window to the rear elevation, ceiling light, further door leading to the eves storage, the ceilings are open to the beams of the roof where some building works have been started.

EXTERNAL

To the rear of the property is a courtyard. Please be aware that the property only has rights of pedestrian access over the courtyard. There is also on street parking.

Tenure

Freehold. Title number LL213438.

Rateable Value

The adopted rateable value is £1,750 as of 1st April 2017.
Sourced from VOA.

EPC

Available upon request (rating G).

Additional Information

For further information please contact our office direct on 0191 737 1154, or alternatively via e-mail on commercial@pattinson.co.uk. 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.

Floor plan

Floor plan

This property is being sold subject to unconditional reservation fee auction terms and conditions.

 

Timescales

Contracts will exchange immediately. There are 28 days in which to complete the purchase.

 

Legal Pack

A legal pack is available to download. Special conditions may apply.

We strongly recommend buyers familiarise themselves with the legal pack prior to bidding.

 

Deposit

In order to secure the purchase a buyer will pay a deposit of 5% which contributes towards the overall purchase price of the property.

The deposit is non-refundable. 

 

Buyer Fees

This property is sold subject to a non-refundable reservation fee of 5% + VAT to a minimum of £5,000 + VAT (£6,000 inc VAT) This does not form part of the purchase price.

A reservation fee is payable by the buyer where a seller has opted to sell with no fees. As a result, a lower reserve price is usually agreed on lots where a reservation fee is applicable.

 

More Information

For more information call our auction experts on 0191 206 9335 or email auction@pattinson.co.uk

ONLINE AUCTION NOTICE

I hereby acknowledge and confirm the following:  

My bid may be accepted by the seller at any time before the close of the auction.  It is subject to the terms and conditions of the auction which I have read and understood. I have read and understood the legal pack applicable to my bid/lot and agree to be bound by any special conditions within that pack. If my bid is successful (whether as the highest bid or upon acceptance by the seller in the course of the auction) I shall be bound by the lot terms and conditions as advertised online.  

At the point of registration, you will be required to insert credit or debit card details as a way of payment towards the deposit and or reservation fee. We will only hold a nominal amount (which will be stated at the point of bidding) to enable you to bid. This amount will only be debited from your account should you be the successful bidder, in the event you are unsuccessful the agreed amount will be released back to your card within three business days.  If you are the successful bidder we will debit the agreed amount from your account immediately at the close of the auction, we will then contact you to confirm the outstanding balance (if applicable) at which point you can opt to use the same card.  Any amount payable at the close of the auction must be paid within 1 hour.   

Please note that the bidding process will work in a different way to an eBay auction, so there is NO advantage to bidding at the last second. 

Each auction will automatically stay open until there has not been a bid for 10 minutes. After 10 minutes without a bid, the auction will close and the highest bidder will be successful subject to the reserve price being met or upon acceptance of an offer by the seller throughout the auction cycle. If there is another bid within 10 minutes of the last bid, the auction countdown timer will be restarted for another 10 minutes to allow further bidding. This system avoids last minute (or second) bidding and makes for a fairer auction as in a live room auction situation. 

Please bid in good time before the end of the auction, delaying your bid to the last seconds may disadvantage you if your connection slows or you lose internet connectivity. It is the bidder's responsibility to ensure the bid has been lodged with the auctioneer. The auctioneer accepts no responsibility for bids that are not received or are received late and reserves the right to reject any bid without notice. 

Minimum online bidding increments: 
Up to £50,000 - £250 minimum bid 
£50,001 to £150,000 - £500 minimum bid 
£150,001 to £250,000 - £1,000 minimum bid 
£250,001 to £1 million - £2,000 minimum bid 
£1 million+ -  £2,500 minimum bid 

Please note this bidding process applies specifically to online auctions. 

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