Our Summary

• Prime City Centre investment opportunityFully let with £46,392 income per annum3 x One Apartments, 1 x 2 bed Apartment, Ground floor BistroBasement & garden area with further development potential (stp)Prime City Centre investment opportunity - Fully let with £46,392 income per annum - 3 x One Apartments, 1 x 2 bed Apartment, Ground floor Bistro - Basement & garden area with further development potential (stp) - Lapsed planning under ref 2012/0246/RNDetailed DescriptionA 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
• Deli - £866 per annumFlat 1 £775 pcmFlat 2 £725 pcmFlat 3 £650 pcmFlat 4 £850 pcm*including the rent increases due on the 1st March 2024Town & Country PlanningThe property benefitted from a full planning permisson as per the below reference which lapsed in 2015
• Lincoln City Council planning ref 2012/0246/RNConversion of existing property to accommodate 5 flats and erection of a two storey rear extension to accommodate 4 flats
• (Renewal of planning permission 2008/1109/F) Interested
• Basement & garden area with further development potential (stp)
• Lapsed planning under ref 2012/0246/RN
• Prime City Centre investment opportunity