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156-158 Burton Rd 3,740 sq ft Retail Property Lincoln LN1 3LS £535,000 (£143.05/sq ft)



Investment Highlights
- Fully Let Investment Property
- Two-storey building
- £50,660 per annum gross income
Executive Summary
This prominently located and substantial two-storey building is being offered for sale as an investment property, generating an excellent income, which totals £50,660 per annum. The ground floor accommodation is let to a well -reputed and long established funeral director business, whereas the first floor apartment is let annually to students with 6 letting rooms, all occupied for the academic year, commencing 1st September 2025. The property occupies an excellent location within the ever popular Burton Road district, where there are a mixture of independent retailers and residential occupiers, creating a thriving local economy.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront Retail / Residential
Property Size
3,740 sq ft
Costar Property Class
B
Year Built
1958
Price
£535,000
Price per sq ft
£143.05
Tenancy
Single
Number of Floors
2
Loading Docks
1 Exterior
Plot ratio
0.85
Total Plot Size
0.10 ac
Frontage
28 ft on Burton Road
Amenities
- Security System
- Roller Shutters
- Storage Space
1 1
Nearby Major Retailers
1 of 12
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156-158 Burton Rd
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