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Street View of Unit 1 Dear Street, Market Rasen, Lincolnshire, LN8 3BHStreet View
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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 .

From the auctioneer's description:vacantStated rent £5,000 a year · 33.3% gross on the guide
Auction in 6 days
Guide price
£15,000
05days
21hrs
34mins
55secs
Wed 21 Oct · 09:00Add to calendar

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Location

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West 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
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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.

Old Police Station
Old Police Station · about 50 m away
© Richard Croft, CC BY-SA 2.0
Former courthouse, Market Rasen
Former courthouse, Market Rasen · about 50 m away
© David Martin, CC BY-SA 2.0
Old Police Station
Old Police Station · about 50 m away
© Richard Croft, CC BY-SA 2.0
Two former inns
Two former inns · about 50 m away
© Richard Croft, CC BY-SA 2.0

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