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427-429 High St 4,399 sq ft Retail Property Lincoln LN5 8HZ £400,000 (£90.93/sq ft)
Investment Highlights
- Prominent corner position
- Redevelopment potential STP
- Dual frontage access points
Executive Summary
The available accommodation comprises a former vehicle repair workshop extending to 2,642 sq ft together with an adjoining retail unit of 1,756 sq ft, providing a total gross internal area of 4,399 sq ft. The workshop element benefits from vehicular access and is currently vacant, while the retail unit remains occupied. Externally, a secure tarmac surfaced compound provides parking for approximately 10 vehicles and servicing space suitable for a range of commercial occupiers.
Property Facts
Sale Type
Owner Occupier
Property Type
Retail
Tenure
Freehold
Property Subtype
Vehicle Repair Garage
Property Size
4,399 sq ft
Costar Property Class
B
Year Built
1949
Price
£400,000
Price per sq ft
£90.93
Tenancy
Multiple
Number of Floors
1
Plot ratio
0.40
Total Plot Size
0.25 ac
Parking
12 Spaces (2.72 Spaces per 1,000 sq ft Leased)
Frontage
Amenities
- Roller Shutters
- Storage Space
1 1
Nearby Major Retailers
1 of 12
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Photos
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427-429 High St
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