Freehold retail unit with storage, rate relief, and refurbishment potential..
Large open-plan ground-floor sales area, approx 787 sq ft
Two upstairs store rooms plus a bathroom for back-of-house use
Freehold purchase with potential long-term capital control
Qualifies for small business rate relief, lowering initial running costs
Electric storage heaters; heating likely costly and dated
Solid brick walls assumed uninsulated — retrofit may be needed
Located near Marshall’s Yard, Tesco and M&S in town centre
Very high local crime and very deprived area may affect trading
Set in Gainsborough town centre close to Marshall’s Yard and national retailers, this freehold shop offers a straightforward commercial purchase for an investor or owner-operator. The ground-floor provides a large, flexible sales area with a glass frontage and good natural footfall potential from surrounding amenities and public transport links.
Upstairs there are two store rooms and a single bathroom, providing basic back-of-house storage and staff facilities. The property qualifies for small business rate relief, which reduces operating costs for eligible purchasers. Total internal area is approximately 787 sq ft, built c.1930–1949, with solid brick walls and standard ceiling heights.
Practical considerations include electric storage heaters as the main heating and assumed solid brick walls with no insulation, which may increase running costs and mean improvement work is needed. The building appears in a very deprived area with a very high local crime rate, factors that could affect long-term footfall and security costs.
This is a value-driven opportunity for a buyer willing to invest in refurbishment and security improvements. The freehold tenure is attractive, but tenure details are listed as unknown and should be confirmed. Suitable for small retail, specialist trade, or an investor seeking town-centre commercial exposure.
1 bedroom detached house for sale in Church Street, Gainsborough, DN21 — £129,000 • 1 bed • 1 bath • 787 ft²
Shop for sale in Heaton Street, Gainsborough, DN21 — £120,000 • 1 bed • 1 bath • 2698 ft²
Commercial property for sale in 18 Silver Street, Gainsborough, Lincolnshire DN21 2DP, DN21 — £100,000 • 1 bed • 1 bath • 5360 ft²
Showroom for sale in Showroom with Workshops & Offices, 30 North Street, Gainsborough, DN21 2HU, DN21 — £350,000 • 1 bed • 1 bath • 8298 ft²
Commercial property for sale in 7 Market Arcade, Gainsborough DN21 2DY, DN21 — £35,000 • 1 bed • 1 bath
High street retail property for sale in The State Club, Church Street, Gainsborough, Lincolnshire, DN21 — POA • 1 bed • 1 bath • 14174 ft²


































