Commercial Property|Freehold
Commercial Property, West Lindsey, LN8
Unit 1 Dear Street, Market Rasen, Lincolnshire, LN8 3BH
The property comprises a freehold light industrial opportunity with evident asset management potential. Arranged as a worksop unit of approx 1,035 sq ft (96.24 sq m), the property is offered with full vacant possession. We consider the property offers asset management potential via letting and would be suitable for a variety of occupiers. The property may also be suitable for conversion to alternative uses, subject to obtaining the requisite consents. The property is situated within an established light industrial parade accessed from both Dear Street and Market Place, the principal retail pitch in Market Rasen. The area is characterised by a mix of similar light industrial uses. Freehold Light Industrial Opportunity. Vacant Workshop Unit. 1,035 sq ft (96.24 sq m). Asset Management Potential. Nearby Units Let for £5,000 p.a. Suitable for a Variety of Occupiers. Potential for Conversion (stc). VAT-Free Opportunity . Offered with Vacant Possession . Guide Price Reflects a Low £14.50 per sq ft .
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Status verified with Savills Auctions 2 hours ago
Raise a Paddle for lots like thisLocation
Open in MapsWest Lindsey, LN8. Indicative location. Sources
Estimated cost to winPrice, fees and Stamp duty (non-residential)£15,000See breakdown
- Price£15,000
- Buyer's / admin feeAdd from auctioneer
- Stamp duty (non-residential) estimate£0
- Legal pack and searches£0
Key facts
- Type
- Commercial Property
- Bedrooms
- Not published
- Tenure
- Freehold
- Council tax band
- See legal pack
- Auction
- Wednesday, 21 October 2026 at 09:00
- Lot number
- 318
- Auctioneer
- Savills Auctions
- Postcode
- LN8 3BH
Listed by Savills Auctions · Lot 318 · Checked 15 Oct, 09:02
Sale history
No past sales found for this exact address. It may not have sold since 1995, or be listed under a different name.
Recent sales in LN8 3BH
- 16 Dear Street · Semi-detached · Dec 2025£96,000
- 3 Dear Street · Semi-detached · Jul 2025£229,500
- 16 Dear Street · Semi-detached · Jul 2025£73,000
- 14 Dear Street · Terraced · Apr 2025£43,500
- 34 Dear Street · Terraced · Feb 2025£77,000
- 15 Dear Street · Terraced · Dec 2024£92,500
Contains HM Land Registry data © Crown copyright and database right. Licensed under the Open Government Licence v3.0. England and Wales only.
Around here
Photos taken nearby by Geograph contributors. They show the area, not necessarily this property.
© Richard Croft, CC BY-SA 2.0
© David Martin, CC BY-SA 2.0
© Richard Croft, CC BY-SA 2.0
© Richard Croft, CC BY-SA 2.0