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Wragby Road, Lincoln, Lincolnshire, LN2

£200,000

£222.22 per sq ft

Business rates & charges may apply

PYGOTT & CRONE COMMERCIAL, Lincoln
SIZE AVAILABLE

900 sq ft

84 sq m

SECTOR

High street retail property for sale

Key features

  • For Sale
  • Mixed Commercial/Residential Investment
  • Shop 537 sqft (49.9 sqm)
  • Flat 1 bed 464 sqft (43.1 sqm)
  • Shop Rent £8000 pax
  • Flat rent £6480 pax
  • Lease & AST available on request
  • EPC on flat D

Description

An excellent opportunity to purchase this mixed commercial and residential investment property. The property is situated in a highly prominent location fronting onto Wragby Road and is close to Tescos and the main Carlton Centre out of town retail park. 

Location

An excellent opportunity to purchase this mixed residential and commercial investment situated in a prominent busy main road position within 1 mile of the city centre. Wragby Road is a main arterial road into the city and is within 1 mile of the A46 eastern by pass. The area is a strong retail, commercial and densely populated area of the city.

ACCOMMODATION

The property comprises a 2 storey mixed commercial and residential propertyGround floor 537 sqft (49.9 sqm)First floor 464 sqft (43.1 sqm)Rear garden/yard and front small parking area

PLANNING

The property has established commercial/retail and residential use

SERVICES

Mains electricity, water and drainage are connected

TENURE

The property is offered for sale freehold subject to the lease on the ground floor shop and AST on the first floor flat.Shop rent £8000 paxFlat rent £6480 pax

RATEABLE VALUE

The shop has a rateable value of £5700 The flat has a council tax band of A

CEPC

The shop requires a new CEPC which has been orderedThe flat has an EPC rating of D which is valid until the 11th February 2029

LEGAL COSTS

Each party is responsible for their own legal costs

VAT

The price is exclusive of VAT

LOCAL AUTHORITY

Lincoln City Council tel

VIEWINGS

Contact Pygott & Crone Commercial Tel

Energy Performance Certificates

EPC 1

Wragby Road, Lincoln, Lincolnshire, LN2

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Lincoln Central Station1.4 miles
  • Hykeham Station4.7 miles

About PYGOTT & CRONE COMMERCIAL, Lincoln

36a Silver Street, Lincoln, LN2 1EW

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 10810161. 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.