Street ViewAuction in 6 days
Sold by Savills Auctions
Livestream auction
Commercial Property, West Lindsey, LN8
Units 9/10 Dear Street, Market Rasen, Lincolnshire, LN8 3BH
The property comprises a high yielding light industrial investment opportunity. Arranged as a workshop/retail unit and store room; the property is fully let to Rasen Appliance Services and producing a total rent of £4,800 per annum. 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. High Yielding Light Industrial Investment. Two Workshop/Storage Units. Fully Let to Rasen Appliance Services. VAT-Free Investment . Investment Let at £4,800 p.a. (24% GIY on Guide Price) .
From the auctioneer's description:tenantedStated rent £4,800 a year · 24% gross on the guide
Auction in 6 days
£20,000
05days
21hrs
34mins
18secs
Wed 21 Oct · 09:00Add to calendar
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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)£20,000See breakdown
Est. total£20,000
- Price£20,000
- 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
- 311
- Auctioneer
- Savills Auctions
- Postcode
- LN8 3BH
Listed by Savills Auctions · Lot 311 · Checked 15 Oct, 09:02
Sale history
| Year sold | Sold price | Change |
|---|---|---|
| 2020 | £90,000 | +18% |
| 2016 | £76,000 | +17% |
| 2011 | £65,000 | -5% |
| 2003 | £68,500 |
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.
© Peter Church, CC BY-SA 2.0
© Richard Croft, CC BY-SA 2.0
© Richard Croft, CC BY-SA 2.0
© Richard Croft, CC BY-SA 2.0
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