Large multi-use commercial building with immediate rental potential and prominent frontage.
Extensive freehold commercial building circa 7,535 sq ft total area
This substantial freehold showroom, workshop and office building occupies a prominent A159 position in central Gainsborough. Extending to around 7,535 sq ft across two storeys, the property combines a large ground-floor showroom with two workshops and c.3,250 sq ft of first-floor office and studio accommodation currently let on short flexible terms. That mix suits investors seeking immediate income or an owner-occupier wanting space for retail with ancillary workshop and office uses.
Practical strengths include off-street parking, separate sub-metered services, and strong natural light from multiple street-facing windows. The building’s industrial character, high ceilings in parts and large open-plan areas offer straightforward options for continued commercial use, subdivision, or repurposing (subject to planning). VAT is elected on the property; depending on sale structure, VAT may or may not apply.
Important considerations: the property sits within a very deprived area with a very high local crime rate, which may affect tenant demand and insurance costs. The EPC is rated D. Several first-floor suites are let on short-term occupational agreements, so some income exists but details and tenant stability should be verified. The ground-floor showroom will be offered with vacant possession, and change of use (eg to leisure or restaurant) would require appropriate planning permissions.
Overall this is a large, versatile commercial asset offering multiple income and repositioning routes for buyers who can manage location-related risks and potential refurbishment works.
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