405 High Street, Lincoln, LN5 7TE
- SIZE AVAILABLE
1,243 sq ft
115 sq m
- SECTOR
High street retail property for sale
Key features
- Freehold for sale via Private Treaty with vacant possession
- Attractive end of terrace three storey retail premises
- Prominent High Street position within Lincoln city centre
- Ground floor retail unit with return frontage
- Upper floors providing ancillary retail accommodation
- Suitable for owner occupiers, investors and developers
- Potential for residential conversion of upper parts (STP)
- Total floor area of approx. 1,243 sq ft (115.4 sq m)
Description
The property comprises an attractive end of terrace retail premises, most recently occupied as a beauty clinic, offering well-presented accommodation arranged over ground and upper floors. The ground floor provides a retail entrance with return frontage, while the upper parts comprise a range of ancillary rooms suitable for a variety of uses.
The building presents an excellent opportunity for owner occupiers seeking a prominent trading position, as well as investors and developers looking to add value. There is clear potential to reconfigure or convert the upper floors to residential accommodation, subject to the necessary planning consents, with the benefit of separate access.
Overall, the property is in good condition and includes a useful outbuilding currently utilised for storage, together with a small rear yard.
All viewings are via the sole agents WOOD MOORE & CO.
Freehold for sale via private treaty with vacant possession. The asking price is £175,000 (one hundred and seventy five thousand pounds).
The property has an EPC rating of D (86).
£5,100 under Local Authority Reference: 41724051; 100% small business rates relief is available for qualifying tenants.
The charging authority is Lincoln City.
We understand that the VAT will not be charged on the sale price.
Brochures
405 High Street, Lincoln, LN5 7TE
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Lincoln Central Station0.5 miles
- Hykeham Station2.9 miles
Notes
Disclaimer - Property reference 361057-1. 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 Wood Moore & Co Ltd, Newark. 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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