Commercial Property in North Hykeham available for sale
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Commercial Properties for Sale in the North Hykeham, Lincoln

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Office Buildings Retail Industrial
More details for 183B Lincoln Rd, North Hykeham - Retail for Sale

183B Lincoln Rd

North Hykeham, LN6 8PB

  • Retail for Sale
  • £65,000
  • 432 sq ft
  • Energy Performance: C

North Hykeham Retail for Sale - Lincoln

An excellent opportunity to purchase a well-established hairdressing salon. The property comprises a salon (32.7 sq.m/352 sq.ft), kitchenette, separate WC and store and has a small lawned garden to the rear. The business is available to purchase to include goodwill, fixtures and fittings, together with any existing stock. The property is located in an established residential area. There are a good range of local amenities and facilities within North Hykeha m to include other local shops and businesses, public houses, an ASDA supermarket and educational institutions.

Contacts:

Mundy & Co

Pattinson Commercial

Date on Market:

25/07/2024
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LoopNet UK Lincolnshire Lincoln Commercial Properties For Sale in North Hykeham, Lincoln, UK

Learn More About Investing in Commercial Properties

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FAQs about Commercial Properties For Sale in North Hykeham

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How many Commercial Property listings are available for sale in North Hykeham?
There are currently 5 Commercial Properties available for sale near North Hykeham. These North Hykeham Commercial Property listings have an average size of 2,310 sq ft. The largest available listing in North Hykeham is 6,899 sq ft. The thriving commercial centre and excellent transport links in North Hykeham make it an ideal location for businesses to find suitable Commercial Property for sale.
What factors could affect the prices of Commercial Properties in North Hykeham?
Several factors can impact the price of Commercial Properties, including the size and location of the property, its net initial yield, and the amenities it offers. Prices in North Hykeham currently range from £84 to £119 per square foot. While the average net initial yield for Commercial Properties is.
What other types of commercial property are available for sale in North Hykeham?
There is a diverse range of commercial properties available in North Hykeham to suit various business needs. North Hykeham offers office buildings, retail units and shops, and industrial units & warehouses, catering to a variety of sectors and industries. With a total of 5 North Hykeham commercial property listings in the area, potential owners can find suitable options that meet their requirements.
What are the advantages of investing in commercial property in the UK?
Commercial property investment can provide long-term income through leases, capital appreciation, and portfolio diversification. Compared to residential property, commercial leases are often longer and place more responsibility on tenants for repairs and maintenance.
What is a net initial yield and why is it important?
Net initial yield is the annual rental income expressed as a percentage of the purchase price (after acquisition costs). It’s a key measure used by investors to compare return on investment across different commercial properties.
Do I need a commercial mortgage to invest?
Many investors use commercial mortgages to finance purchases. Lenders typically require a larger deposit than for residential property (often 25–40%) and will assess the property’s rental income and condition as part of the loan application.
What should I look for when doing due diligence?
Due diligence includes reviewing lease terms, tenant strength, service charges, planning permissions, condition reports, and title deeds. A commercial solicitor and surveyor are strongly recommended before purchase.
What are the risks of investing in commercial property?
Risks include void periods (no rental income), tenant default, maintenance liabilities, and changes in market conditions or planning regulations. Mitigating these requires proper property management and lease structuring.
Can overseas investors buy commercial property in the UK?
Yes, the UK market is open to international investors. However, you may need a UK-based legal representative and must comply with HMRC tax obligations, including stamp duty and possible capital gains tax on disposal.

Discover More Commercial Properties for Sale in the North Hykeham, Lincoln

Market Overview for Commercial Properties in North Hykeham

Key information for Commercial Properties investors in North Hykeham and comparable markets. This summary brings together pricing and building size data to provide a clear view of market conditions and potential investment opportunities.

City Avg Price Per Sq Ft Avg Size Available
£116 2,772 sq ft
Lincoln £139 6,125 sq ft
Collingham £157 1,862 sq ft
Metheringham £90 2,162 sq ft
Mablethorpe £52 4,189 sq ft

Rental Price Trends in North Hykeham

The price per square foot range for Commercial Properties in North Hykeham and nearby cities. These metrics help establish valuation benchmarks and highlight possible value opportunities in the market.

City Min £ Sq Ft Avg £ Sq Ft Max £ Sq Ft
£29 £116 £164
Lincoln £29 £139 £344
Collingham £85 £157 £230
Metheringham £90 £90 £90
Mablethorpe £14 £52 £110

Available Building Sizes

A summary of the current sizes of Commercial Property for sale in the North Hykeham area. Refine your search based on space requirements and investment level.

City Smallest Property Avg. Sq Ft Largest Property
432 sq ft 2,772 sq ft 20,980 sq ft
Lincoln 414 sq ft 6,125 sq ft 59,497 sq ft
Collingham 1,224 sq ft 1,862 sq ft 2,500 sq ft
Metheringham 2,162 sq ft 2,162 sq ft 2,162 sq ft
Mablethorpe 1,325 sq ft 4,189 sq ft 6,164 sq ft

You searched for commercial property for sale in North Hykeham. Explore 5 listings from top commercial agents on LoopNet. Whether you're looking for investment properties to expand your portfolio, establish a new venture, or secure a prime location, LoopNet offers a diverse range of opportunities to meet your goals. Each listing provides detailed information on property features, size, pricing, and high-quality floor plans and photos. With the most extensive inventory of commercial properties worldwide, LoopNet is your trusted partner in finding the perfect commercial property for investment.

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