Savills · 21 Oct 2026 · in 2 days
Freehold Light Industrial Opportunity
Unit 1 Dear Street, Market Rasen, Lincolnshire, LN8 3BH · East Midlands
LiveIndustrialFreeholdVacant
- Guide
- £15,000
- Rent a year
- ≈£1,400est.
- Yield on the guide
- ≈9.7%est.
- Payback
- ≈10 yrs
- Net yield, after buying costs
- 🔒 With access
- Likely to sell for
- 🔒 With access
- Energy rating
- E
- Size
- 1,035 sq ft
What it costs to own
The price is only part of it. Every auction house adds a buyer's fee, and you pay stamp duty and a solicitor. Net yield is the rent over all of it.
The cost breakdown and net yield: included with access, £49 a month. Start with a free account.
Create an accountWhat it's likely to sell for
From what comparable lots actually sold for against their guide, in Cornerlot's results.
The likely sale range: included with access, £49 a month. Start with a free account.
Create an accountEnergy rating
- A
- B
- C
- D
- E
- F
- G
E from the government EPC register, lodged 21 Aug 2026 (certificate 2300-9137-3286-0538-4475). Rated E: lettable today, the lowest band that is. Proposals to raise the minimum for commercial lets have been consulted on, so check what upgrades would cost.
How it compares
Market comparisons: included with access, £49 a month. Start with a free account.
Create an accountHistory
- First listed on Cornerlot 11 Oct 2026.
Savills' record
Savills' results: included with access, £49 a month. Start with a free account.
Create an accountAbout the lot
Freehold industrial lot in Market Rasen. Offered vacant, so there's no income from day one.
Freehold Vacant Light Industrial Opportunity Workshop Unit of Approx. 1,035 sq ft (96.24 sq m) - Asset Management Potential Via Letting Offered with Vacant Possession. 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. 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. Tenure: Freehold
Figures come from Savills' published lot details and Cornerlot's own record of UK auction results. They're calculations, not advice or a valuation: read the legal pack and take professional advice before you bid.