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Freehold Mixed Use Investment Residential Property For Sale

Lincoln, Lincolnshire, UK
Asking Price:
£485,000
Turnover:
Not applicable
Net Profit:
Not applicable

BUSINESS UNAFFECTED - Freehold Mixed-Use Investment/Residential Property For Sale - We are pleased to offer for sale this mixed-use investment property comprising a substantial showroom generating a healthy income of £16,000 per annum, together with a well-appointed three bedroomed detached bungalow located to the rear, currently owner occupied but capable of generating an additional income of circa. £10,000 per annum.

The showroom premises stand, in total, to 208 sq.m and comprise a mixture of retail space together with workshop, office and storage accommodation.

Property Information

Property:

Freehold

Living Accommodation:

The well-presented bungalow has been much improved in recent years and benefits from gas central heating and uPVC double glazing throughout, a conservatory, three bedrooms with newly constructed en-suite shower room/WC to principal bedroom and family bathroom/WC combined. The bungalow occupies a secluded plot with gardens to the front, side and rear and also incorporates a detached single garage.

Location:

The property is prominently located on Newark Road (A1434) close to its junction with Moor Lane/Station Road located approximately three miles south of Lincoln City Centre, within a mixed retail/residential district.

Energy Performance Rating:
C

Other Information

Related Documents:

Contact Mundys Property Services LLP

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