Summary - 87 All Saints Mews, North Street DN21 2HU
1 bed 1 bath Not Specified
Low-cost redevelopment opportunity for experienced investors or developers.
Large 1,141 sq ft two-storey brick lock-up unit, freehold
Derelict and boarded — requires substantial repair and full refurbishment
No planning consents; conversion or redevelopment would need approvals
Sold via online auction; opening 10 November 2025 (unconditional)
Admin fee £3,600 inc VAT payable on exchange of contracts
High local crime and very deprived area may affect lettings/resale
Vacant possession on completion; services and equipment untested
Fast broadband and excellent mobile signal; no flood risk
This two-storey brick lock-up unit on North Street presents a low-cost entry to Gainsborough's town-centre redevelopment market. At 1,141 sq ft and offered freehold with vacant possession, the building could suit a developer, investor or commercial occupier prepared to secure the necessary planning consents.
The property is derelict and boarded, requiring substantial repair and full refurbishment before occupation. There are clear upside opportunities — conversion to residential or mixed-use is mentioned as feasible subject to planning — but no consents are in place, and purchasers must allow time and budget for applications and works.
Practical strengths include a C EPC, mains gas central heating (boiler and radiators), double glazing and fast broadband plus excellent mobile signal. The site is in the town centre close to Marshalls Yard leisure and retail, which supports future rental or retail uses; however, the immediate area scores high for crime and severe deprivation, which will influence lettings and resale.
Sale is by online auction (unconditional) opening 10 November 2025. Bidders should review the legal pack carefully: an administration fee of £3,600 (inc VAT) is payable on exchange, services are unverified, and rates have not been allocated due to a title split. This is a suitable acquisition for buyers experienced in refurbishment, redevelopment and managing risk in challenged urban areas.
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