Keller Williams UK
4 bed For Sale

Market Place, Ancholme Court, Brigg, Lincolnshire

£400,000 Guide Price

Property Description

  • Highly Prominent Commercial Property in Central Brigg
  • 5928sf of total floor area with a large proportion unused
  • All four shops and two flats occupied
  • Scope to add additional accommodation and increase revenue
  • Annual Gross Income up to 24th March 2024 is £39,757.90
  • Auction end date and time: 29th May at 12.00pm

For Sale Via Simon Padgett - Keller Williams Estate agents, Online Auction powered by KW Auctions.
Auction end date and time: 24th July at 2.00pm

The auction will be exclusively available online via our website including the legal pack information.

The registration process is extremely simple and free. Please visit the Keller Williams UK website, and click on the BUY tab and then PROPERTY AUCTIONS.
A 'register' button can be found on this page or by clicking into the individual listing.

Stage 1) Register your email address, create a password and confirm your account.
Stage 2) View the legal pack and arrange any viewings
Stage 3) If you would like to bid, use the 'dashboard' button and complete your ID check and enter your payment and solicitors details
Stage 4) You are ready to bid - Good Luck!

No deposit monies are required before you bid.

A legal pack and special conditions are available to download to anyone who has registered. It is the purchaser's responsibility to make all necessary legal and financial enquiries prior to placing any bids.

The complete legal pack would need to be inspected before an offer would be considered.

Please get in touch if you have any questions regarding Online auctions or would like to arrange a viewing.

A prominently located investment opportunity comprising 4 shops (all tenanted), two tenanted flats and additional accommodation to create additional flats subject to necessary consents.

The entire property is prominently positioned on the pedestrianised high street known as market place in the market town of Brigg in North Lincolnshire. The main Tesco superstore is in very close proximity as well as a host of other retailers, pubs, cafes and restaurants.

The shops and occupied flats consists of 5928sf of total floor area and is broken down as follows:

N0 29 - Currently operating as a nail bar on the ground floor with additional accommodation on the first and second floors which is barely used.

No 30 - Currently operating as a Barbers on the ground floor with additional accommodation on the first and second floors which is barely used. 3 Year Lease signed March 2023.

No 31 - Currently operating as a Motorbike clothing shop on the ground and first floor. The second floor of this property is blocked off and is actually accessible via no 30 (The Barbers) albeit unused. A three year lease was signed in May 2023

No 32/Flats - Currently operating as a jewellers (since 2018) on the ground floor only. The first and second floors are separately accessed via the rear and are currently tenanted and known as 32a (first floor) and 32b (second floor). The shop is in the process of signing a new lease and the flats are rented out as serviced apartments

The current sellers are elderly and are selling to put the money to use in their retirement. They have mentioned that when the shops have come vacant in the past which has been rare, they have always rented very quickly.

Additional Future Accommodation - In addition to the unused accommodation above the shops there is a excellent space comprising approximately 522sf

Gross Annual Income is £39,757.90 up 31st March 2024 - Detailed overview available upon request.
Council tax band: Not Required

To discuss this property please contact Simon Padgett on: