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Lot 13 Click here for addendum

Vacant Shop & 2 Bed Flat
6 Week Completion

Situation

Located at the junction with Cornmarket, in the heart of the town centre, adjacent to Grape Tree Health Foods, opposite a branch of NatWest and amongst other multiples such as Santander, HSBC, Caffe Nero, Holland & Barrett, Cancer Research, Alfredo Lounge and many more.
Louth is a popular and attractive market town serving the surrounding community, located on the border of the Lincolnshire Wolds (AONB), approx. 13 miles east of Market Rasen and 24 miles north-east of Lincoln.

Property

A mid-terrace Grade II Listed building comprising a Ground Floor Shop with internal and separate rear access to a Self-Contained Flat on the first and second floors.

Accommodation

Ground Floor Shop
Gross Frontage 17'8"
Internal Width 14'8"
Shop Depth 24'5"
Built Depth 36'3"
WC
First & Second Floor Flat
2 Bedrooms, Living Room, Kitchen, Bathroom/WC
GIA of Flat Approx. 1,053 sq ft

VAT is applicable to this Lot

FREEHOLD offered with VACANT POSSESSION

VIdeo TOUR

Click here to view the video tour of the property.

Note 1: The property was previously let to a phone shop at £19,500 p.a.

*Please note:

RESERVE

The 'Reserve' is the minimum figure for which a property can be sold as agreed between the Seller and the Auctioneer. The 'Reserve' is not disclosed and remains confidential between the Seller and the Auctioneer.

GUIDE

Where a 'Guide' is stated, it is an indication of the Seller's current minimum acceptable price ('Reserve') at auction. A 'Guide' is published to assist prospective buyers in deciding whether or not to pursue a purchase.

A 'Guide' does not represent an anticipated sale price or a valuation and the eventual sale price may be higher or lower. The sale price is determined at auction and as such cannot be predicted in advance.

The 'Guide' can be published as follows:

a. 'Reserve below' which means the 'Reserve' will be below the shown amount.
b. A single price figure where the 'Reserve' is not to exceed it.
c. A single price figure with a + symbol where the 'Reserve' is not to exceed that figure by more than 10%.
d. A minimum and maximum price range where the 'Reserve' is to be within that range.

The Seller's expectation as to the sale price may change during the marketing period as a result of interest received from prospective Buyers. Therefore, the Seller may increase or decrease the 'Reserve' at any time up to just before bidding commences. If the 'Reserve' becomes fixed at a level that makes the 'Guide' misleading, the Auctioneers will subsequently issue a revised 'Guide' as soon as is practicable. Accordingly, prospective bidders should monitor the 'Guide' with the Auctioneers prior to the Auction taking place via this website.

In addition to the purchase price the Successful Buyer or Successful Bidder will be liable to pay Barnett Ross Ltd a non-refundable administration fee of £1,500 including VAT or as specified on the Particulars of Sale and there may also be additional non-optional fixed or variable fees and costs. To establish the full cost of purchasing a property please inspect the special conditions of sale and all other documentation in the legal pack. Please also refer to any addendum that may be displayed on this page.

5 Market Place, Louth, Lincolnshire LN11 9NR