High Street

GUIDE PRICE: £250,000

AUCTION DATE: TUESDAY 14th APRIL 2026
BIDDER REGISTRATION: BY 2pm MONDAY 13th APRIL 2026
WHERE TO BID: Please ensure you are registered to bid on the Barnard Marcus Auctions website.
LEGAL PACK: Download from Barnard Marcus Auctions

Description
Offered for sale is the first floor, with a dedicated ground floor entrance at the front of the building of 52-53 High Street, Grantham which has planning permission granted for a residential conversion incorporating 9 flats (7x 1 beds & 2x 2 beds). A new lease will be set up, with further information available within the legal pack. The proposed development represents a fantastic opportunity for an investor to either develop and sell on the units, or develop and retain the units as a rental investment. The planning is for the change of use – commercial, business and service uses to dwelling houses, Class C3. Grantham is a thriving market town offering an abundance of amenities, including supermarkets, eateries, medical & educational facilities and independent businesses. The town is situated for convenient access to road networks, A1 & A52, whilst also benefiting from its own train station, with London being easily commutable. The site being No 52-53 High Street is set within the Grantham Conservation Area and is immediately adjacent to the grade II listed.

Planning Permission
South Kesteven District Council
S25/1857
Conversion of commercial premises to residential use

Accommodation
Ground Floor: independent access leading to the first floor
First Floor: proposal for the creation 9 flats (7x 1 beds & 2x 2 beds)
Broadband: Standard, superfast show as available
Mobile Coverage: EE, Three, O2 and Vodafone show as available

EPC:
E 653 sq.m information taken from the EPC

Council Tax Band:
N/A

Tenure:
See legal pack for further information.
The property will be offered with a new 200-year lease with a zero ground rent.

Agent Note
In relation to VAT, the seller has advised that the buyer will be required to fill in a ‘certificate to disapply the option to tax’ declaring that they intend to develop into residential flats and supply this to the seller’s solicitor ahead of completion. See legal pack for more details. The Buyer is deemed to and must rely solely on their own enquiries and independent professional advice as to the VAT position and whether this may be payable at completion or recoverable if a VAT payment is required.

Viewings:
Connells, 2 Watergate, Grantham, Lincolnshire, NG31 6PR. Tel: 01476 590 050
Email: [email protected] By arrangement with the auctioneers - please see important advice for viewers on page 19 of this catalogue

FOR SALE VIA THE MIDLANDS AUCTION CENTRE IN ASSOCIATION WITH BARNARD MARCUS AUCTIONS TUESDAY 14th APRIL 2026 AT 9.30AM AT THE DE VERE GRAND CONNAUGHT ROOMS, 61-65 GREAT QUEEN STREET, COVENT GARDENS, LONDON WC2B 5DA. YOU CAN ALSO REGISTER FOR ONLINE BIDDING.
CONDITIONS OF SALE
The Conditions of Sale will be deposited at the offices of the auctioneers and vendor’s solicitors seven days prior to sale and the purchaser shall be deemed to have knowledge of the same whether inspected or not. Any questions relating to them must be raised prior to the auction. Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn. The purchaser will also be deemed to have read and understood the auction conduct notes printed within the sale catalogue.
Health & Safety Advice for Property Viewers.
Whilst the auctioneers make every effort to ensure the safety and security of viewers at lots, we have not carried out a detailed Health & Safety inspection of the lots in our auction and cannot therefore guarantee the safety and security of viewers. All persons attend properties entirely at their own risk. Particular care should be taken when accessing cellars, attics, exterior grounds, outbuildings and boundaries. All unaccompanied inspections of vacant sites should be made in daylight hours only and entry into such sites is entirely at the viewers’ risk.
*Guide and Reserve Prices
Guide Price: An indication of the seller's current minimum acceptable price at auction. The guide price or range of guide prices is given to assist consumers in deciding whether or not to pursue a purchase. It is usual, but not always the case that a provisional reserve range is agreed between the seller and the auctioneer at the start of marketing. As the reserve is not fixed at this stage and can be adjusted by the seller at any time up to the day of the auction in the light of interest shown during the marketing period, a guide price is issued. This guide price can be shown in the form of a minimum and maximum price range within which an acceptable sale price (reserve) would fall, or as a single price figure within 10% of which the minimum acceptable price (reserve) would fall. A guide price is different to a reserve price (see separate definition). Both the guide price and the reserve price can be subject to change up to and including the day of the auction.
NOTE
The auctioneers offer four ways to bid including internet, telephone, proxy, and live room bidding. Prospective purchasers will need to register to bid and pay a holding deposit before the sale commences by registering at Barnard Marcus Auctions website. We do not take credit card or cash deposits. The sale of each lot is subject to a documentation charge of £1,800 (including vat) payable on the fall of the hammer.
Guidance notes are set out in the catalogue in relation to auction lots, particularly from a purchasing perspective.