Free valuation

Unity Square, LincolnResidential (land), Refurbishment Opportunities, Residential Conversions, Residential, Commercial

£325,000
Sold STC
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About this property

LOCATION
Unity Square is located on the eastern fringe of Lincoln City Centre, accessed directly off Broadgate (A15). The immediate surrounding area is experiencing significant redevelopment and the property is located directly opposite the newly developed Premier Inn Hotel.

DESCRIPTION
This large three-storey building currently comprises 12 bedrooms, with ancillary kitchen, WC and communal living rooms and is ideally suited to the Student Sector, or Room-by-Room letting basis. Some further refurbishment works would be beneficial to maximise income. Alternatively, the building is considered potentially suitable to be redeveloped into a number of smaller self-contained apartments, subject to the necessary Planning Permissions.

The gross internal floor area across all three floors extends to 280 sq m (3,014 sq ft).

Outside
The property fronts directly onto the pavement and is prominently located. To the rear is a small courtyard area providing vehicle access/parking.

SERVICES
Mains drainage, gas, electricity and water are all understood to be connected to this property. A gas fired central heating system is installed serving radiators throughout.

The services have not been tested.

EPC Energy Rating – D.

TERMS
The property is understood to be held on a Freehold basis.

OUTGOINGS
Given that the property is currently put to residential use, it has a Council Tax Band ‘D’ Rating Assessment.

VIEWING
By prior appointment with Mundys Commercial – 01522 556088.

Energy Performance Cerificate (EPC)