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29-31 The Strait

3,000 SF Retail Building Lincoln LN2 1JD $1,052,319 ($351/SF) 5.88% Cap Rate

Retail Space Lincolnshire Lincoln 29-31 The Strait, Lincoln, LIN LN2 1JD

Investment Highlights

  • Prime location at the base of 'Steep Hill'
  • Character Features
  • Building 29 is set over 2 floors and 31 over 3 with the upper floors

Executive Summary

Guide price £850,000 freehold investment in Lincoln City Centre.
Income producing £50,000 to £55,000 per annum.

Attachments

3ffb31cb9edcacdfc42a6184ad12cf17

Property Facts

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Bar
Building Size
3,000 SF
Building Class
B
Year Built
1880
Price
$1,052,319
Price Per SF
$351
Cap Rate
5.88%
NOI
$61,901
Tenancy
Single
Building Height
3 Stories
Building FAR
1.55
Lot Size
0.04 AC
Frontage
54 FT on The Strait
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Nearby Major Retailers

Wildwood Kitchen
SPAR
YMCA
Caffe Nero
Costa Coffee
The Co-operative Food
Tortilla
énergie Fitness
Heron Foods
Barclays
+44 1664 431330

Contact

  • Listing ID: 32814152

  • Date on Market: 8/15/2024

  • Last Updated:

  • Address: 29-31 The Strait, Lincoln LN2 1JD

The Retail Property at 29-31 The Strait, Lincoln, LN2 1JD is currently available for sale. Contact P&F Commercial for more information.

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29-31 The Strait
+44 1664 431330 x

29-31 The Strait

Ben Freckingham

+44 1664 431330

+44 1664 431330

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