23, High Street, HORNCASTLE, Lincolnshire, LN9 5HP

IMPORTANT ANNOUNCEMENT UPLOADED
THERE IS AN ANNOUNCEMENT RELATING TO THIS LOT THIS HAS BEEN ADDED TO THE LEGAL PACK.
IF YOU ARE BIDDING YOU ARE DEEMED TO HAVE KNOWLEDGE OF THIS ANNOUNCEMENT TOGETHER WITH ALL OTHER LEGAL DOCUMENTS AND SPECIAL CONDITIONS OF SALE.
Announcement
Please see the “ANNOUNCEMENT” within the Legal Docs.
LOT 271 – 23 HIGH STREET, HORNCASTLE, LINCOLNSHIRE
‘The property comprises a freehold and leasehold title.’

Mixed use property,
Commercial to the ground floor & 2 residential flats above,
Potential combined rental income of approximately £28,000pa

Description
A mixed-use property comprising a commercial premises to the ground floor and 2 residential flats above. Currently, the commercial premises and one of the flats is vacant, with the second flat being currently tenanted and achieving £600pcm. The ground floor has most recently been used as a barber shop and hair salon. Horncastle is a market town located in East Lindsey, a district of Lincolnshire. The town has a range of shops and amenities, boasting businesses such as Costa Coffee, Tesco, Co-Op and smaller independent businesses. The ground floor space measures approximately 88sqm (information taken from the EPC), offering a spacious unit suitable for a number of potential uses, subject to any necessary permissions/consents. Occupying a prime position in the town centre, this represents a very good investment opportunity with the ability to generate multiple income streams via the commercial/residential accommodation.

Accommodation
Ground Floor shop: shop area, 2 additional rooms, kitchen & WC.
Flat (over 2 floors): kitchen and a living room to the first floor. Two bedrooms and a bathroom to the second floor.
Flat: living room, kitchen, two bedrooms and bathroom
Broadband: Standard and superfast show as available
Mobile Coverage: EE, Three, O2 and Vodafone show as available

EPC:
Commercial: 88 sqm information taken from the EPC
Flat 1: D 64 sqm information taken from the EPC
Flat 2: D 65 sqm information taken from the EPC

Council Tax Band:
Flat 1: A
Flat 2: A

Tenure:
Freehold

Viewings:
William H Brown, 14 Wide Bargate, Boston PE21 6RH. Tel: 01205 351010
Email: boston@williamhbrown.co.uk





Important Notice:
For each Lot, a contract documentation fee of £1,800 (inclusive of VAT) is payable to Barnard Marcus Auctions by the buyer. The seller may charge additional fees payable upon completion. If applicable, such fees are detailed within the Special Conditions of Sale. Buyers are deemed to bid in full knowledge of this.
The Guide Price quoted must not be relied upon by prospective purchasers as a valuation or assessment of value of the property. It is intended to provide purchasers with an indication of the region at which the reserve may be set at the time of going to press. The guide price may be subject to variation and interested parties are advised to make regular checks for variations and should be aware that the reserve price may be either below or above the quoted guide price.
Prospective purchasers should also be aware that the eventual sale price may be above or below the guide level dependent upon competition, and should therefore not presume the guide to be indicative of the final expected sale price or the price the property is available at.
When setting the guide price, the auctioneers have given consideration to the seller’s instructions in respect of their indicated reserve price at the time of instruction. The reserve price, (the level below which the property will not be sold), remains confidential between the seller and the auctioneer. The guide price therefore, is intended to indicate the region at which the reserve price is intended to be set. The seller will confirm their final reserve price close to the auction date and if appropriate the auctioneers may adjust the guide price to reflect this.
Whilst Barnard Marcus make every effort to ensure the safety and security of viewers at properties, we have not carried out a detailed Health & Safety inspection of properties in our auctions and cannot therefore guarantee the safety and security of viewers.
Prospective purchasers and bidders attend properties entirely at their own risk. Particular care should be taken when accessing cellars, attics, exterior areas and outbuildings and boundaries. All non-conducted inspections of vacant sites should be made in daylight hours only and entry into such sites is entirely at the viewers risk.
1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. Photographs and Measurements: Some images may have been taken by a wide angled lens camera. These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.