Free valuation

High Street, LincolnA1 - High Street, Refurbishment Opportunities, Residential, Commercial

£225,000
Sold STC
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About this property

LOCATION
The property is located close to the Junction of High Street and Boultham Avenue, on the southern fringe of Lincoln City Centre. High Street is the principal retail district of Lincoln, currently undergoing significant Highways improvements. The property has the benefit of short-stay parking immediately in front of the building, along High Street.

For satellite navigation purposes, please use the postcode LN5 8AA.

DESCRIPTION
The property comprises two interconnecting retail units at ground floor level, which have been recently refurbished to a high specification and are considered capable of occupation, either as a whole or could easily be divided back into two self-contained units. In addition to the retail frontages, there is workshop and storage accommodation with ancillary kitchen/WC facilities to the rear.

At first and second floor level, there are two self-contained residential flats, each having rear access from Boultham Avenue and offering spacious one bedroomed living accommodation.

ACCOMMODATION
Ground Floor
No. 79

Sales Area with Office and Stores beyond extending, in total, to 57.2m² (615ft²). Please note this accommodation is currently interconnecting with No. 80.

No. 80

Upper Floor Flats

Comprising a generous open-plan retail/sales area, together with further workshop/offices and WC facilities, extending, in total, to 52.1m² (560ft²).

The upper floor flats each comprise external stairwell access from the rear, leading to Kitchen and Living Room at First Floor level, and Bathroom and Bedroom at Second Floor Level.

No. 79a – Extending, in total, to 62.7m² (675ft²).
No. 80a – Slightly smaller, extending, in total, to 42.2m² (454ft²).

SERVICES
Mains drainage, gas, electricity and water are connected to the properties and are separately serviced to each of the ground floor units and each of the of upper floor flats, making them ideal for an Investor, given that each element is easily self-contained.

EPC Energy Ratings
79-80 High Street =D
79a High Street = F
80a High Street = E

OUTGOINGS
Numbers 79 & 80 combined have a Rateable Value of £11,250.
The flats above are each allocated as being Council Tax Band =A.

VAT
VAT is payable.

VIEWING
Via Estate Agents

Floorplan