retail in PE12

Market Place, Long Sutton, Spalding, Lincolnshire, PE12 9JA

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  • Excellent Investment Opportunity
  • Prime Town Centre Location
  • Shop With Accommodation Above
  • Accommodation With Tenant In-Situ
  • Shop Currently Trading As A Beauty Salon
  • Freehold Title

retail in PE12

FOR SALE BY AUCTION: Terms and conditions apply.

We are pleased to offer to auction this fantastic chance to invest within a prime town centre location in Southeast Lincolnshire. This property consists of a retail unit and accommodation to the upper floor which is being used as a one bedroom flat, both with separate entrances and are in a central location in the market town of Long Sutton. The shop is currently trading, and the accommodation has a tenant in-situ. The accommodation above is freshly decorated and well presented. The property is currently generating an income of approximately £15,000 per annum, making it an ideal investment opportunity.

Please note: Pattinson's have not inspected this property.


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


Long Sutton is a small but busy Market Town with a good range of amenities, as well as easy access to the main A17 trunk road.

The larger town of Kings Lynn is approximately 13 miles away and has rail links direct to London Kings Cross. Wisbech, Sutton Bridge, Spalding and the North Norfolk coast are all within easy reach, making this the perfect area to invest in!


Good sized display window to front. Currently trading as a beauty salon. Treatment area to the rear with cloakroom.

Access to the accommodation above is via a separate wooden door at the front of the property adjacent to the shop. A covered alleyway leads to a side door which is the main entrance of the flat, leading into the kitchen on the ground floor.
Kitchen 3.16m (10' 4") x 1.92m (6' 4")

UVPC part glazed door, range of wall and base units with work tops over. Built in electric oven, built in hob with extractor fan. Stainless sink with drainer and mixer tap. Plumbing for washing machine, radiator, power sockets. Cupboard housing central heating boiler. Stairs to the first floor.

Lounge 4.16m (13' 8") x 4.11m (13' 6")
2 wooden windows to front aspect. Fireplace surround with built in coal effect electric fire, power sockets, aerial point, radiator.

BEDROOM 3.76m (12' 4") x 2.96m (9' 9")
UVPC window to the rear, power sockets, radiator, loft access.

Ensuite/Shower room 2.15m (7' 1") x 0.75m (2' 6")
UVPC double glazed window to the rear. Low Level WC, shower cubicle and vanity hand basin, tiled splash backs, extractor fan.


Freehold. Title number LL101515

Tenancy Information

The first floor is tenanted at £600 per calendar month on a one year agreement which commenced on the 27th of January 2022.

The ground floor is tenanted at £650 per calendar month on a five year lease which commenced on the 8th of June 2018.

The property is currently generating a total income of £15,000 per annum.

Rateable Value

The adopted rateable value is £8,400 as of 1st April 2017.

Sourced from VOA.


Available upon request. Rating D.

Additional Information

For further information please contact our office direct on 0191 737 1154, 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.

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



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.



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


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: 

£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 £750,001 - £2,500 minimum bid 
£750,001 to £1.5 Million - £5,000 minimum bid
£1.5 Million Plus - £10,000 minimum bid

Please note this bidding process applies specifically to online auctions. 

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