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Geoffrey Church Buildings Cathedral St 94 Unit Shared Accommodation £2,500,000 (£26,596/Unit) Lincoln LN2 5HH
INVESTMENT HIGHLIGHTS
- Located within the City of Lincoln
- Prime, prominent, redevelopment PBSA scheme - currently vacant
- Approximately 0.5 miles to principal University of Lincoln campus
EXECUTIVE SUMMARY
Opportunity to acquire a prime, prominent, redevelopment PBSA scheme, which is currently vacant, completed for the 1994/95 academic year, comprising 94 beds.
A former operational entity until recently when the owner obtained vacant possession to commence an en bloc refurbishment.
Long leasehold interest of 125 years with 99 years remaining at an annual rent of £1.
Price on application.
A former operational entity until recently when the owner obtained vacant possession to commence an en bloc refurbishment.
Long leasehold interest of 125 years with 99 years remaining at an annual rent of £1.
Price on application.
PROPERTY FACTS
| Price | £2,500,000 | Apartment Style | Mid-Rise |
| Price Per Unit | £26,596 | Costar Property Class | B |
| Sale Type | Investment | Total Plot Size | 0.20 ac |
| Tenure | Long Leasehold | Property Size | 30,000 sq ft |
| No. Units | 94 | No. Floors | 4 |
| Property Type | Build-to-Rent | Year Built | 1993 |
| Property Subtype | Shared Accommodation | Parking Allocation | 0.3/1,000 sq ft |
| Price | £2,500,000 |
| Price Per Unit | £26,596 |
| Sale Type | Investment |
| Tenure | Long Leasehold |
| No. Units | 94 |
| Property Type | Build-to-Rent |
| Property Subtype | Shared Accommodation |
| Apartment Style | Mid-Rise |
| Costar Property Class | B |
| Total Plot Size | 0.20 ac |
| Property Size | 30,000 sq ft |
| No. Floors | 4 |
| Year Built | 1993 |
| Parking Allocation | 0.3/1,000 sq ft |
AMENITIES
UNIT AMENITIES
- Kitchen
- Tub/Shower
1 1
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Geoffrey Church Buildings | Cathedral St
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