Commercial Property for sale

412 High Street

£225,000

Property Description

Full description

Tenure: Freehold

LOCATION
The property is prominently located on the southern section of High Street, approximately one mile south of the City Centre within a busy commercial/residential district.

ACCOMMODATION
The ground floor accommodation comprises a sales area, fully equipped kitchens and preparation rooms. The living accommodation is self-contained, having separate access from the rear. At first floor level there are two reception rooms. kitchen and bathroom/WC. At second floor level, there are two bedrooms.

There is also the option to purchase additional land to the rear which has Planning Permission for the erection of a single storey industrial building (Application No: 217/0502/FUL). Further details are available on request.

TERMS
Tenure
The Freehold property, subject to the existing tenancy as described above, is being offered.

Lease Terms
The entire property is currently let under the terms of a ten year Lease commencing 26th October 2011. The Passing Rent is 18,750 per annum, representing a yield of 8.3%. Full details are available on request.

OUTGOINGS
Rateable Value 6,400

VAT
VAT may be applicable in addition to the sale price at the prevailing rate.

PLANNING
Class A5 (Hot Food & Takeaway) and Residential

VIEWING
By prior appointment via Mundys Commercial - 01522 556088.


More information from this agent

Energy Performance Certificates (EPCs)

Energy Performance Certificate (EPC) graphs

Nearest stations

  • Lincoln Central (0.5 mi)
  • Hykeham (2.8 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Mundys Commercial, Lincoln

29 Silver Street, Lincoln, LN2 1AS

01522 418084 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 (0.5 mi)
  • Hykeham (2.8 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Mundys Commercial, Lincoln

29 Silver Street, Lincoln, LN2 1AS

01522 418084 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 102125013416. 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 Mundys Commercial, 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.

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