LOCATION
High Street is the main thoroughfare running through Corringham Village, which provides a direct-link between Gainsborough, some 4 miles to the west and Market Rasen, which is approximately 17 miles to the east. The Cathedral City of Lincoln is located approximately 18 miles to the south-east.

DESCRIPTION
(Plus Stock at Valuation) Detached House and Vehicle Repair Workshop/MOT Station For Sale - We are pleased to offer for sale this unique opportunity to purchase a well-presented Three Bedroom Detached House, together with the adjacent Vehicle Repair Workshop/MOT Bay with Petrol Filling Station having an excellent long-established local reputation, with a healthy turnover and profit margin. This opportunity would ideally suit a prospective purchaser looking to relocate or consider a change of lifestyle, with the business being offered as a 'Going Concern' with all fixtures and fittings included. Alternatively, the property may be of interest to Investors/Developers looking to take advantage of this prominently located site within a popular Lincolnshire Village.

ACCOMMODATION
The well-appointed detached house has been upgraded in recent years with modern kitchen and bathroom fittings and offers at ground floor level; Entrance Hallway, large open-plan Lounge/Dining Room, Fitted Kitchen, Fourth Bedroom/additional Reception Room and WC Compartment. At first floor level, there are three generously proportioned Bedrooms and a Bathroom/WC with separate shower cubicle.

The garage/workshop has prominent frontage onto High Street (A631) and incorporate a petrol filling station to the forecourt frontage, whilst the workshop accommodation extends, in total, to 285 sq.m (3,067 sq.ft) comprising vehicle workshop bays and an MOT station with ancillary offices and stores together with the retail space for the petrol filling station.

SERVICES
The house and the workshop are separately serviced with mains water, gas, electricity and drainage. The house has a gas fired central heating system and the workshop has a gas convector heater installed but currently disconnected.

EPC - D (House)
Workshop - TBC

TERMS
The property is available on a Freehold basis and the asking price includes all Freehold property, business fixtures and fittings and goodwill associated with the business.

OUTGOINGS
Rateable Value - £6,700

Small Business Multiplier (2023/2024) 49.9p in the £.
The property may qualify for small business rates relief.

It may be possible to obtain Small Business Rates Relief, depending on individual circumstances.

Council Tax Band - C

VAT
The Vendor has confirmed that VAT is not payable on the purchase price.

VIEWING
Via Mundys Commercial - 01522 556088.