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Retail/Shop
Retail/Shop For Sale Lincoln
PROPERTY ID: 134003
PROPERTY TYPE
Retail/Shop
STATUS
Available
SIZE
3,000 sq.ft
Key Features
Income producing £50,000 to £55,000 per annum
Finance available / good pension investment
Prime location at the base of 'Steep Hill'
Well established tenants - New lease being agreed
Property Details
We Are Offering This Investment Opportunity For Sale With An Existing Tenant In Place. 29-31 The Strait Is Located On The Pedestrianised Street At The Base Of The National Landmark Known As 'steep Hill' In Lincoln. The Building Is Brick Built With Large Glass Frontage. Building 29 Is Set Over 2 Floors And 31 Over 3 With The Upper Floors Currently Used As Stock Storage. The Strait And Narrow Is A Popular Retro Bar Operating Out Of This Location For The Past 7 Years And Is Currently Acting Out A 10 Year Lease Within The 1954 Act And A Rent Review Scheduled For Year 9.
About the Agent
P & F Partners LTD
See Agent's Other PropertiesRetail Unit
£850,000 Freehold
29-31 The Strait, Lincoln, LN2 1JD
Retail/Shop -
Available
3,000 sq ft
279 sqm
Show phone number