165 High St
Lincoln LN5 7AF
Retail Property For Sale · 1,022 SF
INVESTMENT HIGHLIGHTS
- High footfall
- Signage
- Window display frontage
EXECUTIVE SUMMARY
Currently operating as a barbershop having laminate flooring and air conditioning.
PROPERTY FACTS
| Unit Size | 913 SF |
| No. Units | 1 |
| Total Building Size | 1,022 SF |
| Property Type | Retail (Condo) |
| Property Subtype | Storefront Retail/Residential |
| Sale Type | Investment |
| Building Class | C |
| Floors | 3 |
| Typical Floor Size | 1,022 SF |
| Year Built | 1955 |
| Tenancy | Single |
1 UNIT AVAILABLE
Unit 165
| Unit Size | 913 SF |
| Condo Use | Retail |
| Sale Type | Investment |
| Tenure | Freehold |
DESCRIPTION
ACCOMMODATION
Ground Floor – Currently operating as a barbershop having
laminate flooring and air conditioning.
First Floor – Comprising of a kitchen/staff room with
worktops and sink. Separate WC and sink with access to
stairs to the second floor.
Second Floor – Currently used as storage, but has the
potential to be office space subject to renovation works.
SALE NOTES
Guide Price £225,000. The property is held under the terms of a Full Repairing & Insuring Lease for the term of 10 years commencing 14th April 2016. The Lease, therefore, expires on 13th April 2026. The current passing rent is £16,000 per annum. Further details are available on request.
AMENITIES
- 24 Hour Access
