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Prominent Retail Premises, 4 Silver Street, Gainsborough DN21 2DP

For sale: £145,000.00|To rent: £14,000.00 Per Annum|1620 |Retail - High Street, Retail, Leisure


FOR SALE£145,000.00
TO RENT£14,000.00 Per Annum
ADDRESS4 Silver Street, Gainsborough, DN21 2DP
TYPERetail - High Street, Retail, Leisure
TENURETo Let, For Sale Freehold
POSTED ON3rd May 2018


Prominent ground floor retail premises with PP to convert upper floors to residential, within busy pedestrianised precinct, near to WH Smith, Argos, Shoezone, Barclays Bank, Superdrug and Boots Chemist, adjacent thriving market place.

The ground floor self-contained retail premises comprise a sales area, staff room with kitchen, WC and store.

EPC Rating: E114

The property occupies a highly prominent position on Silver Street, adjacent the Market Place. The town benefits from a wealth of regional and national retailers including Boots, Heron Frozen Foods, Superdrug, WH Smith, Argos and Sports Direct.

The towns thriving market trades on Tuesday and Saturday.

Gainsborough is an historic market town with a population of over 20,000 and a resident catchment within 20km of over 133,000 and is the administrative centre of West Lindsey District Council.

We understand that the property has consent for uses falling within Class E (Commercial, Business and Services Use) of the Town and Country Planning (Use Classes) Order 1987 (as amended).

Following changes to the Use Classes Order that came into effect on 1st September 2020, Class E now encompasses a number of uses including A1 (Shops), A2 (Professional & Financial Services), A3 (Restaurant & Café), B1 (Business) and D2 (Assembly & Leisure).

The self-contained first, second and third floor part of 4 Silver Street was granted planning consent for 5 residential apartments and will be redeveloped in due course.

The property is available To Let by way of a new Full Repairing and Insuring Lease for a term to be agreed.

The property is available For Sale freehold with vacant possession.

VAT may be charged in addition to the rental at the prevailing rate.

The ingoing tenant is to be responsible for the Landlord’s reasonable legal costs incurred in documenting the transaction.

To view the premises and for any additional information please contact the sole agents.


Location: 4 Silver Street, Gainsborough, DN21 2DP

Gainsborough Central (0.5 miles)

Gainsborough Lea Road (0.9 miles)

Retford (9.1 miles)

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