405 High Street

Lincoln, LN5 7TE

1,243 sq ft

Attractive three storey retail premises FOR SALE with vacant possession

Summary

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)

Accommodation

The accommodation comprises the following areas:

Name	Size
Ground - Retail	406.63 sq ft
1st - Retail	356 sq ft
2nd - Retail	317 sq ft

Location

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.

Get directions from Google Maps

Mainline Stations

Lincoln

9 mins
Hykeham

56 mins
Saxilby

114 mins
Swinderby

143 mins

Underground Station

Broxbourne

2013 mins
Chesham

2022 mins
Amersham

2064 mins
Cheshunt

2068 mins

Further Information

Price £175,000

Rates Payable £2.05 per sq ft // 100% small business rates applicable for qualifying occupiers.

Service Charge n/a

Estate Charge n/a

EPC Rating This property has been graded as D (86)

Description

The property occupies a prominent and highly visible position fronting the main High Street with a wide mix of national and independent occupiers nearby. Lincoln is a well-established cathedral city and administrative centre serving a substantial catchment population, attracting significant visitor numbers throughout the year.

Viewings

All viewings are via the sole agents WOOD MOORE & CO.

Terms

Freehold for sale via private treaty with vacant possession. The asking price is £175,000 (one hundred and seventy five thousand pounds).

Energy Performance Certificate

The property has an EPC rating of D (86).

Rateable Value

£5,100 under Local Authority Reference: 41724051; 100% small business rates relief is available for qualifying tenants.
The charging authority is Lincoln City.