Retail Property (high street) for saleBurton Road, Lincoln, LN1
1,076 sq. ft.
- 1,076 sq ft (99 sq m)
- Investment Opportunity
- Mixed Commercial / Residential Property
- 3 Flats and Shop
- Uphill Location
- Close to Cathedral / Castle Quarter
- All Let Out and Producing an Income of £16,700
- EPC Rating E - Commercial
- EPC Ratings E/F/G - Residential
An excellent investment opportunity situated in the sought after Uphill area of Lincoln close to the Cathedral Quarter. The property comprises of 3 flats and a double fronted shop/office unit.
3.38m x 3.53m
1.07m x 2m
FIRST FLOOR - FLAT 1
The accommodation more particularly comprises:
GROUND FLOOR SHOP
3.2m x 3.6m
2.36m x 2.6m
With WC leading off, with wash basin and low flush WC.
FIRST FLOOR - FLAT 2
GROUND FLOOR - FLAT 3
3.7m x 2.97m
With window to the side aspect, television point and telephone point.
2.87m x 2.2m
With sink unit, fitted oven and hob, cupboards and drawers, window to the side aspect and walk-in cupboard housing gas fired boiler.
The rental income being received at the present time is £16,700 per annum for the flats and shop. This equates to shop £5,000 pax and studio flats £11,700 pax, being £325 per calendar month each.
2.03m x 2.29m
With walk-in corner shower, wash hand basin and low level WC.
Mains electricity, water, drainage and gas are connected to the property; however all prospective purchasers are advised to check upon the adequacy of these supplies for their own purposes.
The price expressed in these particulars is exclusive of VAT at the appropriate rate.
The commercial property has an Energy Performance rating of E:103. The full EPC and Recommendation Report are available upon request. The flats have various Energy Performance ratings of G:5, E:44, F:23. The full EPC's and Recommendation Report are available upon request.
Viewing is strictly by appointment with the sole agents: Tel: 01522 536777 Contact: Jamie Thorpe - email@example.com Rob Waterhouse - firstname.lastname@example.org William Downing email@example.com
More information from this agent
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