Free valuation

Redwood Drive, Waddington, LincolnA1 - High Street, A1 – Centre, A1-OutOfTown, A1 – Other

£99,500
Book a viewing

About this property

LOCATION
Redwood Drive is located off Valley Road and Brant Road respectively, approximately three miles south of Lincoln City Centre on the Lincoln/Waddington border.

DESCRIPTION
This substantial, self-contained Retail/Office Unit is the largest unit on this busy parade of shops, within a popular residential area which is being offered for sale as a result of the Tenant vacating the premises due to expansion. The accommodation extends to 77 sq.m (829 sq.ft) and represents an excellent investment opportunity with excellent potential for capital growth.

ACCOMMODATION
The accommodation comprises a large Open-Plan Retail Space/Office Area with further offices and stores beyond, including WC and Kitchen Facilities.

The large Storeroom to the rear has double doors onto a loading bay area. The existing stud wall can be reconfigured to suit the needs of any ingoing occupier.

There is ample visitor car parking space to the front for the shared use of all the retail/commercial properties within the parade of units. There is also the option to buy car parking spaces to the rear and further details are available on request.

In addition to the floor space, as described above, there are further WC facilities to the rear, currently used as additional storage areas.

The overall floor area is understood to extend to 77 sq.m (829 sq.ft).

SERVICES
Mains water, electricity and drainage are available. There is currently no gas supply within the property.

EPC Rating – C

TERMS
The property is held on a Freehold basis and is being sold with the benefit of Vacant Possession.

OUTGOINGS
Rateable Value – £4,650

Based on current incentives being offered by Local Government, substantial reduction or even complete Rates Relief may be available. Further enquiries should be made with Local Rating Authority.

VAT
We are informed that VAT is not chargeable on the sale price of this property.

PARKING NOTES
Visitor parking.

VIEWING
By prior appointment through Mundys Commercial – 01522 556088.

Energy Performance Cerificate (EPC)

Floorplan