Next auction Thursday 25th April 2.30PM

Furniture Showroom, South Street, Bourne, Lincolnshire, PE10 9LY



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Guide price

£250,000+


Property Type

Commercial


Key Features

  • A rare development opportunity comprising an 8,583 sq ft former furniture showroom in the heart of Bourne town centre.
  • Offered For Sale Freehold with full Vacant Possession
  • Scope for a range of alternative uses (subject to planning)

Part of the 25 April 2024 auction
at 2.30PM

A rare development opportunity comprising an 8,583 sq ft former furniture showroom in the heart of Bourne town centre.

  • To the South of the Market Place in the centre of Bourne
  • Bourne has experienced a period of growth/development
  • Accessed from South St, across towns largest public car park
  • Parallel access along Well Head Fields
  • There is also pedestrian access from West Street
  • Adjacent to Well Head Fields Parkland & Bourne War Memorial
  • A substantial furniture showroom in same ownership 40+ years
  • Predominantly single storey, but with two storey sections
  • Includes first floor offices, showroom space, staff area & WCs
  • Provides a range of mainly ground floor showrooms
  • Of older brick construction with additions (mainly 3m eaves)
  • Benefits from forecourt parking and loading area
  • Total Gross Internal Floor Area circa 8,583 sq ft
  • (Taken from agents details. Not measured by Auction Estates)
  • Deemed suitable for redevelopment to a range of uses (STP)
  • Potential for a town centre residential scheme (STP)
  • A short distance from the Georgian town of Stamford
  • 16 miles from Peterborough & Grantham
  • Rail services from Peterborough (1 hr journey time)

Contact Auction Estates on 0115 7844600

Fees

A buyer's premium of £1,800 inc VAT (£720 inc VAT if the sale price is less than £10,000) is applicable to each lot purchased. 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.

Guide Prices and Reserve Prices

Each property sold is subject to a Reserve Price. The Reserve Price, which is agreed between the seller and the auctioneer just prior to the auction, would ordinarily be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. Both the Guide Price and the Reserve Price can be subject to change up to and including the day of the auction.

Conditions of Sale

The Conditions of Sale will be deposited at the offices of the auctioneers and vendors solicitors/licensed conveyancers seven days prior to sale and the purchaser shall be deemed to have knowledge of same whether inspected or not. Any questions relating to them must be raised prior to 11.30 am. Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.

The purchaser will also be deemed to have read and understood the auction conduct notes printed within the sale catalogue.

Freehold with vacant possession

Refer to Legal Pack

For more property information
contact us