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260-266 Hykenham Rd 779 sq ft Retail Unit Offered at £170,000 in Lincoln LN6 8BJ

INVESTMENT HIGHLIGHTS
- Prominent position on Hykeham Road
- Short distance to A46 Lincoln Bypass
- Good road communications
EXECUTIVE SUMMARY
The property comprises a one storey building of masonry offering retail accommodation within The property is located on the corner of Hykeham Road and St Margarets Gardens, next to a Morrisons Daily, which provides customers with free parking.
PROPERTY FACTS
| Total Property Size | 1,983 sq ft | Floors | 1 |
| Property Type | Retail (Unit) | Typical Floor Size | 1,983 sq ft |
| Property Subtype | Shopfront | Year Built | 1980 |
| Costar Property Class | B | Total Plot Size | 0.22 ac |
| Total Property Size | 1,983 sq ft |
| Property Type | Retail (Unit) |
| Property Subtype | Shopfront |
| Costar Property Class | B |
| Floors | 1 |
| Typical Floor Size | 1,983 sq ft |
| Year Built | 1980 |
| Total Plot Size | 0.22 ac |
1 UNIT AVAILABLE
Unit Unit 266
| Unit Size | 779 sq ft | Unit Use | Retail |
| Price | £170,000 | Sale Type | Investment or Owner Occupier |
| Price Per sq ft | £218.23 | Tenure | Freehold |
| Unit Size | 779 sq ft |
| Price | £170,000 |
| Price Per sq ft | £218.23 |
| Unit Use | Retail |
| Sale Type | Investment or Owner Occupier |
| Tenure | Freehold |
DESCRIPTION
The premises comprises a brick built retail shop beneath a flat felt roof, arranged over ground floor level only. The property benefits from good staff and storage facilities to the rear of the premises, including a WC, kitchenette and 2-3 staff parking spaces.
SALE NOTES
The property is available For Sale Freehold. The current occupier is holding over under the terms of a previous lease, so the unit can be made available subject to this lease (tenant holding over, currently paying £12,000 per annum, with an increase expected upon renewal) or, alternatively, with vacant possession
NEARBY MAJOR RETAILERS
Presented by
260-266 Hykenham Rd
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