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COMMERCIAL

9 West Parade, Lincoln, Lincolnshire, LN1 1NL

£550,000
Brown&CoJHWalter, Lincoln
PROPERTY TYPE

Retail Property (high street)

SIZE

3,000 sq ft

279 sq m

Photo 9Photo 10
6

Key features

  • Prime City Centre investment opportunity
  • Fully let with £40,160 income per annum
  • 3 x One Apartments, 1 x 2 bed Apartment, Ground floor Bistro
  • Basement & garden area with further development potential (stp)
  • Lapsed planning under ref 2012/0246/RN

Description

Prime City Centre investment opportunity

Fully let with £40,160 income per annum

3 x One Apartments, 1 x 2 bed Apartment, Ground floor Bistro

Basement & garden area with further development potential (stp)

Prime City Centre investment opportunity - Fully let with £41,780 income per annum - 3 x One Apartments, 1 x 2 bed Apartment, Ground floor Bistro - Basement & garden area with further development potential (stp) - Lapsed planning under ref 2012/0246/RN

Detailed Description

A city centre investment opportunity comprising 3 x one bedroom apartments, 1 x two bedroom apartment and a ground floor cafe/bistro with indoor and outdoor seating. The accommodation is arranged over four floors and extends to around 3,000 sq ft with the basement level and rear garden offering further development potential subject to planning.

The property is fully let with a total rent passing of £40,160 p/a which breaks down as follows and includes bills.
Deli - £8,840 per annum
Flat 1 £640 pcm
Flat 2 £720 pcm
Flat 3 £610 pcm
Flat 4 £640 pcm

*including the rent increases due on the 1st March 2024

Lapsed planning under ref 2012/0246/RN

Brochures

Brochure

9 West Parade, Lincoln, Lincolnshire, LN1 1NL

Open mapStreet View

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Lincoln Central Station0.4 miles
  • Hykeham Station3.5 miles

About Brown&CoJHWalter, Lincoln

5 Oakwood Road, Lincoln, LN6 3LH

When we can help

  • Free Market appraisal - If you have property or land to sell please call the agency team
  • Brown & Co JHWalter sell properties across the price range in Lincolnshire and the surrounding counties
  • The County Property Auction team provide a proven service for properties best suited for sale by auction including houses for renovation, Investment property, land and building plots

Why Brown & Co JHWalter

  • An experienced team with professional backing from the National Association of Estate Agents (NAEA), the Royal Institution of Chartered Surveyors (RICS), National Association of Valuers and Auctioneers (NAVA) and the Association of Residential Letting Agents (ARLA)
  • Excellent online and conventional marketing and advertising with an agreed individual marketing strategy for your property, including national coverage on the internet's leading website including Rightmove, OnTheMarket.com and UKLandAndFarms
  • Through bespoke brochure presentation, lotting and resolving property issues we aim to maximise the market appeal of your property
  • Accompanied viewings by your dedicated agent who knows your property
  • Aerial photography, digital mapping, land survey and floor plans
  • Sales management with leading software and regular vendor report contact

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 441343FH. 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 Brown&CoJHWalter, Lincoln. 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.

Map data ©OpenStreetMap contributors.

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