3 Bedrooms for sale in Dunns Lane, Church Street, Hibaldstow, Brigg DN20 | £ 175,000

Property Description

Outstanding investment opportunity.

Mixed use investment comprising of substantial workshop with stores and 3 flats .

Centrally situated in the village of Hibaldstow the property includes a 56'9 workshop area with Stores and wc which could be suited to a variety of uses subject to the necessary permissions. There are also 3 one bedroom Flats which are all currently occupied and generating an annual rental income of £12,540. There is also forecourt parking.

Auction

The property is offered for sale by the modern method of Auction which offers the Purchaser more flexibility than the traditional method of auction. The Purchaser is granted 28 days to achieve exchange of contracts from the date that the solicitors are in receipt of the draft contracts and a further 28 days to complete thereafter. Upon close of the the auction, or if the Vendor accepts an offer during the auction, the buyer will be required to pay a non-refundable Reservation fee of 4% + VAT subject to a minimum of £5000 + VAT which secures the property and takes the property off the market. The buyer will be required to sign an Acknowledgement of Reservation to confirm acceptance of the terms prior to an instruction to solicitors. All Terms and Conditions together with the Reservation Forms will be available in the Legal Pack which can be downloaded via the Auction website or requested directly form the Auction department. Please note that the property is subject to an undisclosed reserve price which is normally no more than 10% in excess of the guide price. Both the Guide Price and the Reserve can be subject to change. Terms and conditions apply to the Modern Method of Auction which is operated by sdl Auction Partners

to view or make A bid contact sdl auction partners or newton fallowell brigg .
Sdl partners website

Workshops (17.3m max x 8.1m max (56'9" max x 26'6" max))

With electrically operated roller door to the front opening to a long access area with inspection pit which in turn opens to a rectangular workshop area with windows and power.

Store Room 1 (4.11m max x 5.16m max (13'5" max x 16'11" max))

Being L shaped in plan with double side doors and internal Toilet area.

Store Room 2 (3.99m x 3.71m (13'1" x 12'2"))

With doors to both the Workshop and to the side aspect.

Flat 8

Ground Floor Apartment with open plan Lounge, Kitchen area with beech effect units and Shower Room. Currently Let at £300 pcm.

Flat 10

First Floor Apartment with Entrance Hall, Bedroom, Bathroom, Lounge and Kitchen with a range of modern grey fronted units. Currently Let at £395pcm.

Flat 10A

First Floor Apartment with Lounge, Bedroom, beech effect Kitchen and Bathroom. Currently Let at £350pcm.

Outside

The property is fronted by a deep reception parking area.

Note

The Following EPC ratings apply. Flat 8 - C, Flat 10 - D, Flat 10a - C.

Important Note To Purchasers

We endeavour to ensure that our sales particulars are accurate and reliable, however, they do not constitute or form part of an offer nor any contract and none is to be relied upon as statements of representation or fact. Any system, services or appliances listed in these particulars have not been tested by ourselves and no guarantee or warranty as to their fitness for purpose or efficiency is either given or implied. All measurements are for guidance only and should be verified by the purchaser to their own satisfaction. Only those fixtures and fittings specifically mentioned in the sales particulars are included. Other items may be purchased by separate agreement with the Vendors.

Conveyancing

Newton Fallowell Brigg offer access to a range of competitive conveyancing services. Call now to receive free advice.

Mortgage Advice

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Valuation

Ensure you are getting the best advice on the marketing of your home by calling Newton Fallowell Brigg for a free market appraisal.

Property Location

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