77 High Street, Lincoln
£265,000
For Sale
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£265,000
For Sale
Get in touch
Jasper Caudwell
MRICS BSc (Hons)
Chartered Surveyor
03301280939
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Property summary
Freehold for sale with Full Planning PermissionAttractive three storey period buildingPlanning for the creation of 5 flats and retail unitProminent frontage onto High StreetAdjacent to KFC, Domino's and Papa JohnsOff road allocated parkingCurrently retail with ancillary accommodationEPC - E (110)Get in touch
Jasper Caudwell
MRICS BSc (Hons)
Chartered Surveyor
03301280939
More about the property
Three storey period building situated in an established trading location only a short distance from Lincoln’s main retail core with FULL PLANNING PERMISSION (planning ref: 2023/0609/FUL) to extend and facilitate the creation of 5 no. flats and to retain the ground floor retail element. Freehold for sale with vacant possession.
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Location
The property is located in a prominent position on the High Street in a busy mixed-use area only a short walk from Lincoln's main retail core. It is located directly opposite national retailers in a popular area for both investors and renters (students and private).
The property is located in a prominent position on the High Street in a busy mixed-use area only a short walk from Lincoln's main retail core. It is located directly opposite national retailers in a popular area for both investors and renters (students and private).
Overview
The property comprises an attractive period building with FULL PLANNING PERMISSION (planning reference: 2023/0609/FUL) for the creation of 5 no. flats and the retention of the ground floor retail unit. The planning permission includes for an extension to maximise the floor area and has been designed around current tenant demand. The existing accommodation is arranged around a ground floor retail unit with offices and ancillary areas spread over three floors.
A link to the full application is included here: https://planning.lincoln.gov.uk/online-applications/applicationDetails.do?activeTab=documents&keyVal=RZQXSKJFHRC00
The property comprises an attractive period building with FULL PLANNING PERMISSION (planning reference: 2023/0609/FUL) for the creation of 5 no. flats and the retention of the ground floor retail unit. The planning permission includes for an extension to maximise the floor area and has been designed around current tenant demand. The existing accommodation is arranged around a ground floor retail unit with offices and ancillary areas spread over three floors.
A link to the full application is included here: https://planning.lincoln.gov.uk/online-applications/applicationDetails.do?activeTab=documents&keyVal=RZQXSKJFHRC00
Services
Mains water, electric, gas and drainage are connected to the property. The services or service installations have not been serviced of tested.
Mains water, electric, gas and drainage are connected to the property. The services or service installations have not been serviced of tested.
Use
We understand that the property has established use as retail with full planning permission as previously mentioned.
We understand that the property has established use as retail with full planning permission as previously mentioned.
Rateable Value
The property has a current Rateable Value of £9,100.
The property has a current Rateable Value of £9,100.
Tenure
The FREEHOLD is for sale with vacant possession.
The FREEHOLD is for sale with vacant possession.
VAT
We are awaiting confirmation as to whether VAT will be chargeable on the sale price.
We are awaiting confirmation as to whether VAT will be chargeable on the sale price.
Legal Fees
Each party is liable for their own legal costs throughout this transaction.
Each party is liable for their own legal costs throughout this transaction.
Viewings
Viewings are strictly by appointment with the sole agents.
Viewings are strictly by appointment with the sole agents.
