Car Park & Buildings, St. Pauls Lane, Lincoln, Lincolnshire, LN1
- PROPERTY TYPE
Parking
- SIZE
Ask agent
- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- Rare opportunity
- 11 car parking spaces
- Commercial building leased
- 188 sqm (2023sqft) building
- Close to Bailgate
- At the foot of the castle wall
- Potential for other uses
Description
An extremely rare opportunity to purchase this block of 11 car parking spaces with a leased commercial building in the uphill Cathedral Quarter of the City at the foot of the castle wall and within a few hundred yards from the Bailgate.
Location
A very rare opportunity to purchase this prominent block of car parking and commercial building situated in a prominent position on from St Pauls Lane and at the foot of the Castle Wall. The Property is within the Bailgate commercial centre and Cathedral Quarter. The property is situated in a mixed residential and commercial area of the city which is a highly popular location. This area is an extremely popular destination for tourists and this historic Uphill area of Lincoln enjoys close to 2 million tourist visitors annually. The property is close to a range of commercial businesses and is also midway between the Lincoln Hotel and the Famous White Hart Hotel.
ACCOMMODATION
Main Building Basement 52.7 sqm (567.26 sqft)
Ground Floor 84 sqm (904.17 sqft)
First Floor 51.3 sqm (552.19 sqft)Car parking for 11 vehicles
PLANNING
The property has planning for a car park and the building planning for a storage building but has potential for a change of use. The site is on an ancient monument and adjoins and ancient monument.
SERVICES
Mains electricity, water and drainage are connected
TENURE
For sale with vacant possession. The property is freehold however their is a car park arrangement with the council. There is a licence contract that will need agreeing with the council to access the site. However the site is not land locked and access could be from the main building. At present there is a lease with White Hart Hotel (TSP operations) Ltd on an annual basis at £5000 pax and in addition the annual licence fee payable to City of Lincoln Council is £4000 pax. The store is leased on a lease for 12 months at £14000 pax.
RATEABLE VALUE
The property has a rateable value of £7200 on the car park. The building has a rateable value of £3600
CEPC
Not applicable
LEGAL COSTS
Each party are responsible for their own legal costs
VAT
The price is exclusive of VAT if applicable
LOCAL AUTHORITY
Lincoln City CouncilCity Hall Beaumont FeeLincoln LN1 1DDTel
VIEWINGS
Contact Pygott & Crone Commercial 36a Silver Street LincolnLN2 1EWTel
- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
- Band: TBC
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Yes
- GARDENA property has access to an outdoor space, which could be private or shared.
- Ask agent
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
Energy performance certificate - ask agent
Car Park & Buildings, St. Pauls Lane, Lincoln, Lincolnshire, LN1
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Visit our security centre to find out moreDisclaimer - Property reference 10690579. 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 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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