A pair of ground floor commercial retail units
3 and 5 North Street, Gainsborough, Lincolnshired DN21 2HP
£125,000 24 September 2025
GUIDE PRICE AUCTION DATE
A pair of ground floor commercial retail units collectively of approx. 1,553 Sq Ft (143 Sq M) - 3 North Street being 500 Sq Ft (46 Sq M) & 5 North Street being 1,053 Sq Ft (97 Sq M) both of which were previously let and collectively producing £23,900 per annum. The retail units form the ground floor of a recent development prominently located within the town centre on North Street with ample public car parking at the rear and within walking distance of the train and bus station and Marshall's Yard and would be suitable for a variety of different tenants or owner occupiers to trade from. There is interest and a pending tenant application for No 5 North Street for a proposed 5 year Lease at a rent of £10,000 per annum. Please note that this lot is subject to VAT and as such VAT is payable on completion in addition to the sale price.
5 North St, DN21 2HP
Guide Price
£125,000
Auction Date
24 Sep 2025
Auctioneer
Pugh & Company
Pugh & Company
Pugh & Company Ltd, 340 Deansgate, Manchester, M3 4LY
0345 505 1200
About Pugh & Company

Their clients appreciate the expert advice, maximum market exposure, value for money, impressive auction venues and one of the highest sales success rates in the UK offered by Pugh & Co. As a result, their team of chartered surveyors are trusted to act for a range of clients including private individuals, commercial organisations, over 80 local councils and other public bodies, asset managers, lenders and receivers.