Retail in DN20

Market Place, Brigg, Lincolnshire, DN20 8LD

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Online auction

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

  • Excellent investment opportunity
  • Hairdressing salon
  • 2 bedroom apartment
  • Arranged over 2 floors
  • Separate access
  • Well established tenancies

Retail in DN20

*For sale via secure sale online bidding: terms and conditions apply.*

We are pleased to offer to auction this excellent investment opportunity in the centre of Brigg. The property currently comprise a Hairdressing salon and a 2 bedroom apartment. The commercial unit includes 2 salons together with a Staff room and Toilet. The apartment is arranged over 2 floors with its own separate access. The property is located on a busy street just of the market place.


Please note we have not inspected this property.


Summary

  • Property Type: Retail
  • Parking: Allocated

Location

The subject property is located on a busy street just of the market place in the centre of Brigg.

Accommodation

Salon 1 4.72m x 3.70m (15'6" x 12'1")
A bow fronted room with street view and including wood grain vinyl flooring, workstation and cupboards. Three steps lead up to

Salon 2 3.72m x 3.58m (12'2" x 11'8")
Window to the rear aspect and sink with water heater.

Staff Kitchen 3.50m x 3.14m (11'6" x 10'4")
Fitted with a range of base units, stainless steel sink with water heater and rear entrance door.

Staff Toilet
Low flush wc, store cupboard and window.

First Floor Flat
Entrance
A steel stair case leads to the Hall.

Lounge/Bedroom 3 4.63m x 3.78m (15'2" x 12'5")
A forward facing room with sash window and electric
storage heater.


Accommodation

Dining Room 3.70m x 3.18m (12'1" x 10'5")
With stair to the 2nd Floor, electric storage heater and
opening to the Kitchen.

Kitchen 3.03m x 2.27m (9'11" x 7'5")
Appointed with a range of white fronted high and low storage units with inset stainless steel sink, electric cooker space, sash windows and electric storage heater.

Bathroom 3.21m x 3.03m (10'6" x 9'11")
Fitted with a suite in white to include a pedestal wash hand basin, wc, panelled bath, extractor fan, airing cupboard with jacketed cylinder and sash window.

2nd Floor
BEDROOM 1 4.20m x 3.67m (13'10" x 12'0")
Sash window to the front.

Bedroom 2 4.27m x 3.48m (14'0" x 11'5")
Skylight window to the rear and part sloping ceiling.

Rental Income

The Vendor informs us that the properties are subject to the following 2 Tenancies:
Barbers salon £600 pcm
Flat £450 pcm

Tenure

Freehold. Title number HS284378.

Rateable Value

The current rateable value is £3,100 (1 April 2023 to present).

Sourced from VOA.

Council Tax

Band A.

EPC

We are currently awaiting for a copy of the energy performance certificate.

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.

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 auctions@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.  

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 within the final 10 minutes. If no bid has been submitted within the final 10 minutes of the auction, 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.

The auctioneer is not responsible for any tech issues, power outage or error messages which hampers or eliminates an individual's opportunity to bid.

It is the bidder's responsibility to ensure the bid has been lodged with the auctioneer. It is therefore beneficial to bid on your chosen lot at your earliest opportunity.

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 £750,000 - £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. 

More Information is available:

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

 

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