Retail Property (high street) for sale

Lamb Gardens, Lincoln, LN2

50 sq. ft. | £250,000

Property Description

Commercial information

  • 50 sq ft (4 sq m)

Key features

  • Retail Unit
  • A5 Planning Consent
  • Installed Fixtures & Fittings
  • 4 Bed Living Accommodation
  • Large Residential Catchment
  • EPC Rating D

Full description

Tenure: Leasehold

An excellent opportunity to purchase the freehold of this former fish and chip shop with residential accommodation situated in a densely populated residential area to the north east of Lincoln City Centre. To the ground floor there is a retail area with installed floor standing fish fryers, store and preparation room. The residential accommodation includes kitchen, living room, 4 bedrooms and bathroom.


LOCATION 
The property is situated in a densely populated residential location, forming part of a parade of local shops close to the junction of Lamb Gardens and Macaulay Drive, approximately 2 miles to the north east of Lincoln City Centre. There are a number of local bus routes passing in close proximity to the property, and it is within easy reach of the A15 and A46.

ACCOMMODATION 
The property comprises a substantial two storey detached building. To the ground floor there is a front retail area comprising 264.79 sq ft (24.60 sq m) with several rear storage areas. The residential accommodation is accessed through the retail area and comprises fully fitted kitchen and living room to the ground floor, with 4 good sized bedrooms and bathroom to the first floor. The living accommodation benefits from gas central heating and double glazed windows, with shutters to the ground floor.

FIXTURES AND FITTINGS 
The retail area has been fitted with a 3 pan fryer and several items of equipment associated with a fish and chip takeaway. It benefits from a security alarm and fully shuttered frontage to all the ground floor glazing. A premium of £25,000 is being sought for the existing fixtures and fittings.

BUSINESS RATES 
We have been verbally informed by Lincoln City Council that the shop and premises has a 2010 Rateable Value of £2,100.

EPC 
The property has an Energy Performance rating of: D77. The full EPC and Recommendation Report are available upon request.

VAT 
VAT may be charged in addition to the purchase price at the prevailing rate.

VIEWING 
Viewing is strictly by appointment with the sole agents: Tel: 01522 536777 Contact: Jamie Thorpe - jthorpe@pygott-crone.com Rob Waterhouse - rwaterhouse@pygott-crone.com William Downing – wdowning@pygott-crone.com

More information from this agent

Nearest stations

  • Lincoln Central (1.5 mi)
  • Hykeham (4.7 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Pygott & Crone, Lincoln - Commercial

36A Silver Street, Lincoln, LN2 1EW

01522 418155 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Lincoln Central (1.5 mi)
  • Hykeham (4.7 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Pygott & Crone, Lincoln - Commercial

36A Silver Street, Lincoln, LN2 1EW

01522 418155 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference LNC160112. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Pygott & Crone, Lincoln - Commercial. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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