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The Quays - The Quays 1,296 sq ft Retail Unit Offered at £260,000 in Lincoln LN1 2XG



Investment Highlights
- Unrivalled location
- Popular business area
- Close to Lincoln City Centre
Executive Summary
The property is located within the prestigious waterside development of Burton Waters, located approximately five miles west of Lincoln City Centre. Burton Waters is an unrivalled location, incorporating a select range of local businesses, in addition to the marina and gated residential development.
1 Unit Available
- Unit
- Unit Size
- Unit Use
- Price
- NOI
| Sale Type | Owner Occupier | Tenure | Long Leasehold |
| Sale Status | In Exchange |
| Sale Type | Owner Occupier |
| Sale Status | In Exchange |
| Tenure | Long Leasehold |
Description
The premises comprise a very well-presented self-contained ground floor retail suite, most recently used as a beauty therapists and equipped internally to comprise a reception area, various well-appointed treatment rooms, a drinks/seating area and staff kitchen and WC facilities. All business fixtures and fittings within the property are
available by separate negotiation if required and there is
ample visitor parking.
available by separate negotiation if required and there is
ample visitor parking.
Sale Notes
The property is available for sale on the basis of a 999-year
Ground Lease with a Peppercorn Ground Rent.
Ground Lease with a Peppercorn Ground Rent.
| Unit | Unit Size | Unit Use | Price | NOI |
| Unit Unit 6 | 1,296 sq ft | Retail | £260,000 (£200.62/sq ft) | - |
Unit Unit 6
| Unit Size |
| 1,296 sq ft |
| Unit Use |
| Retail |
| Price |
| £260,000 (£200.62/sq ft) |
| NOI |
| - |
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Unit Unit 6
| Unit Size | 1,296 sq ft |
| Unit Use | Retail |
| Price | £260,000 (£200.62/sq ft) |
| NOI | - |
| Sale Type | Owner Occupier |
| Sale Status | In Exchange |
| Tenure | Long Leasehold |
| Description | |
| The premises comprise a very well-presented self-contained ground floor retail suite, most recently used as a beauty therapists and equipped internally to comprise a reception area, various well-appointed treatment rooms, a drinks/seating area and staff kitchen and WC facilities. All business fixtures and fittings within the property are <br> available by separate negotiation if required and there is <br> ample visitor parking.</li></ul> | |
| Sale Notes | |
| The property is available for sale on the basis of a 999-year <br> Ground Lease with a Peppercorn Ground Rent.</li></ul> |
Property Facts Under Offer
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Property Size | 12,010 sq ft | Typical Floor Size | 12,010 sq ft |
| Property Type | Retail (Unit) | Year Built | 2015 |
| Property Subtype | Shopfront Retail / Residential | Total Plot Size | 68.95 ac |
| Costar Property Class | B | Parking Allocation | 0.83/1,000 sq ft |
| Floors | 3 |
| Total Property Size | 12,010 sq ft |
| Property Type | Retail (Unit) |
| Property Subtype | Shopfront Retail / Residential |
| Costar Property Class | B |
| Floors | 3 |
| Typical Floor Size | 12,010 sq ft |
| Year Built | 2015 |
| Total Plot Size | 68.95 ac |
| Parking Allocation | 0.83/1,000 sq ft |
Amenities
- 24 Hour Access
- Corner Lot
- Fenced Lot
- Property Manager on Site
- Waterfront
- EPC - B
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Street View
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Map
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The Quays - The Quays
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