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9 West Para
Lincoln LN1 1NL

Retail Property For Sale

Retail Space Lincolnshire Lincoln 9 West Para, Lincoln, LIN LN1 1NL

Investment Highlights

  • Prime City Centre investment opportunity
  • Super fast broadband available
  • A well established Italian cafe

Executive Summary

A city centre investment opportunity comprising 3 x one bedroom apartments, 1 x two bedroom apartment and a ground floor cafe/bistro with indoor and outdoor seating.
The accommodation is arranged over four floors and extends to around 3,000 sq ft with the basement level and rear garden offering further development potential subject to planning.
The property is fully let with a total rent passing of £40,160 which breaks down as follows and includes bills.
Deli - £8,840 per annum
Flat 1 £640 pcm
Flat 2 £720 pcm
Flat 3 £610 pcm
Flat 4 £640 pcm

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
424 SF
Building Class
B
Year Built
1900
Price
$686,213
Price Per SF
$1,618
Tenancy
Single
Building Height
3 Stories
Building FAR
0.11
Lot Size
0.09 AC
Frontage
32 FT on West Parade

Links

 

  • Listing ID: 31948103

  • Date on Market: 5/29/2024

  • Last Updated:

  • Address: 9 West Para, Lincoln LN1 1NL

The Retail Property at 9 West Para, Lincoln, LN1 1NL is currently available for sale. Contact Brown & Co Property and Business Consultants LLP for more information.

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