Ready-made retail unit with upstairs storage and cost-saving business relief.
Freehold commercial building with large ground-floor retail area
Qualifies for small business rate relief (lower operating costs)
Two first-floor store rooms and a bathroom above shop floor
Solid brick 1930s construction; no assumed wall insulation
Electric storage heating — potential high running costs without upgrade
Very small plot; limited scope for expansion or external storage
Area is very deprived with very high local crime rate
Requires refurbishment and energy-efficiency improvements
This freehold retail building occupies a large footprint in Gainsborough town centre, currently trading as a small retail business. The ground floor offers a generous open shop floor with LED lighting and display space, while two first-floor store rooms and a bathroom provide basic back-of-house facilities. It qualifies for small business rate relief, which reduces operating costs for a new owner-operator or investor.
The property is solid-brick construction from the 1930–1949 period with electric storage heating. The building has minimal modern insulation and will benefit from energy-efficiency upgrades to reduce running costs and improve comfort. The compact plot size and urban high-street setting limit expansion but suit continued retail or small commercial uses.
Location is a core strength: immediate access to Marshall’s Yard, supermarkets and a wide range of town-centre amenities and public transport links. Nearby schools and local services support footfall, but the surrounding area is identified as very deprived with a very high crime rating — factors to weigh when considering long-term tenancy and trading risk.
This opportunity suits investors seeking a town-centre commercial freehold that can be let or owner-operated, and owner-occupiers wanting a ready-made retail outlet. Expect some refurbishment and energy upgrades; the property’s trading history and business-rate relief offer a faster route to income generation.
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