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Thriving Holiday Let Business In Desirable Uphill Lincoln For Sale

Lincoln, Lincolnshire, UK
Asking Price:
£635,000
Turnover:
Available on request
Net Profit:
Available on request

Investment opportunity - an excellent opportunity to purchase a thriving holiday let business located in the highly sought-after area of uphill lincoln. The property comprises of four self-contained apartments and offers a potential gross rental income of up to £120,000 per year.

The gross holiday let income is based on a letting occupancy of 70%, further details of income and costs are available on request. The property would also let out very well on Assured Shorthold Tenancies and would offer a potential Gross Rental Income of in excess of £40,000 per annum. The Holiday Let Business Website can be viewed: http://www.stonefieldapartments.co.uk

Property Information

Property:

Freehold

Location:

Located just off Church Lane within the Cathedral Quarter of Lincoln and within close walking distance of the Bailgate shops, Cathedral, Lincoln Castle, local Restaurants, Public Houses and historical monuments such as Newport Arch.

Premises Details:

Holiday let 1 (duplex apartment - accessible via the front door)

entrance hall

lounge
5.69m into bay x 4.28m

kitchen
3.3m max x 4.47m max

bedroom 1
18' 6" x 14' 0" (5.65m x 4.26m)

bedroom 2
12' 1" x 10' 11" (3.69m x 3.33m)

bathroom
3.2m max x 4.2m

holiday let 2 (ground floor apartment - accessible via the back door)

entrance hallway

lounge/dining room
16' 2" x 18' 7" (4.92m x 5.67m)

kitchen 2
12' 0" x 12' 10" (3.65m x 3.92m)

bedroom
9' 7" x 8' 11" (2.91m x 2.71m)

wet room
6' 2" x 11' 0" (1.88m x 3.36m)

holiday let 3 (first floor apartment - accessible via the side door)

lounge/dining area
12' 11" x 13' 6" (3.94m x 4.11m)

kitchen 3
5' 1" x 10' 3" (1.56m x 3.13m)

bedroom
13' 0" x 14' 0" (3.95m x 4.26m)

family bathroom
9' 5" x 8' 10" (2.86m x 2.69m)

holiday let 4 (second floor apartment - also accessible via the side door)

dining/lounge
10' 8" x 19' 2" (3.25m x 5.84m)

kitchen 4
9' 7" x 10' 6" (2.91m x 3.21m)

bedroom
8' 11" x 17' 11" (2.73m x 5.45m)

shower room 2
12' 8" x 5' 7" (3.87m x 1.7m)

outside there is substantial off-road parking and a double garage with the enclosed walled gardens.

Energy Performance Rating:
D

Other Information

Related Documents:

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