Workshop, White Lion Yard, Lord Street, Gainsborough DN21 2DD

Property Overview

Workshop, White Lion Yard, Lord Street, Gainsborough DN21 2DD

A commercial ground-floor unit in a gated courtyard, described as providing an opportunity for a workshop with WC and ancillary facilities. The property may offer scope for further development as part of the larger premises and the separate shop on Lord Street, which is available as a separate lot. An internal viewing is recommended to appreciate the scope and potential.

Accommodation

• Ground-floor workshop
• WC facilities
• Shower room
• Lobby
• Courtyard

Location

Located in the heart of Gainsborough town centre, a traditional Lincolnshire market town. Nearby occupiers include Halifax, YBS, Boots and a range of local and small business operators. Gainsborough provides access to Scunthorpe, Retford, Doncaster and Lincoln.

Tenure & Key Information

• Property type: Commercial property
• The property description refers to the opportunity to acquire the freehold; tenure is stated as subject to the legal pack.
• EPC, lease, council tax, parking and heating details: not supplied.
• Floor area, condition, planning/use information and occupancy status: not supplied.
• Interested parties must make their own enquiries with the relevant authorities regarding service availability.
• Services, apparatus and equipment have not been tested by Auction House and cannot be verified as being in working order.

Auction & Buyer Charges

• Guide price: £1,000 plus fees
• Auction date: 05 October 2026
• Auction time: 13:00
• Administration charge: £3,600 including VAT, payable on exchange of contracts.
• Disbursements and any additional charges, including possible search fees, reimbursement of seller’s costs, legal fees and transfer fees, are subject to the legal pack and Special Conditions of Sale.

Investment Analysis

HB estimates: No HB market value, gross development value, refurbishment estimate, rental estimate, yield estimate or maximum bid has been calculated. The supplied evidence does not include directly comparable commercial sales, floor area, condition, planning/use information, tenure details or occupancy status.

The £1,000 guide price and known £3,600 administration charge should not be treated as a valuation. The administration charge is significant relative to the guide price.

Sold Comparables

Supplied sold comparable data: The available evidence comprises residential properties in Hull and is not considered reliable evidence of this commercial workshop’s value.

Rental Evidence

No advertised rental evidence was supplied. No Auctioneer Estimated Rent was supplied. Rent and yield therefore cannot be estimated and any asking or estimated rent must not be treated as achieved or passing rent.

Strategy & Risks

Proceed only after reviewing the legal pack and confirming tenure, access, permitted use, floor area, condition, services, vacant possession or occupational status and all buyer costs. Do not rely on the supplied residential Hull comparables.

• No directly relevant commercial comparable evidence supplied.
• Tenure is unspecified and deferred to the legal pack.
• No floor area, condition, planning/use or building-services information supplied.
• Occupancy and vacant-possession status are unspecified.
• Rental evidence is absent, so rent and yield cannot be estimated.
• The £3,600 administration charge including VAT is payable on exchange; other fees are not supplied.