Retail Property (high street) for sale

Swanpool Court, Lincoln, LN5

Sold STC 448 sq. ft. | £125,000

Property Description

Commercial information

  • 448 sq ft (41 sq m)

Key features

  • Investment Commercial property
  • Presently a Hair Salon
  • Excellent Potential
  • Incoming Rent 11,000 pa - leased for 16 months
  • Overall area 41.6 sq m (447 sq ft)
  • Ground floor reception
  • First floor open plan room
  • City centre location
  • EPC Rating F

Full description

Tenure: Freehold

A rare opportunity to acquire the freehold of this character property in the centre of Lincoln. Having been used for a hair salon for many years, this commercial property is situated a few yards from the High Street via a pedestrian footpath, and adjoins a hot food takeaway. The property would suit many different uses subject to planning and is presently tenanted at a rent of £11,000 pa.


LOCATION 
The property is located within yards of the main High Street via a pedestrian footpath.

ACCOMMODATION 
The accommodation more particularly comprises 41.6 sq m (447 sq ft) over ground floor and first floor. Ground Floor - Reception, Kitchenette, WC First Floor - Open plan salon

LEASE 
The property is presently rented out at £11,000 on a 10 year lease with a break clause in 16 months from June 2016.

SERVICES 
Mains electricity, water, drainage and gas are connected to the property; however all prospective purchasers are advised to check upon the adequacy of these supplies for their own purposes.

EPC 
The property has an Energy Performance rating of: F145. The full EPC and Recommendation Report are available upon request.

RATES 
We have been verbally informed by the local authority that the rateable value of the shop and premise is £5,900. Interested parties are advised to make their own enquiries with Lincoln City Council.

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

PHOTO GALLERY 

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More information from this agent

Nearest stations

  • Lincoln Central (0.2 mi)
  • Hykeham (3.3 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 (0.2 mi)
  • Hykeham (3.3 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 LNC160068. 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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