TypeRetail Investments

LN5 20, 22, 24, 26, 28 & 30 Portland Street, Lincoln

TenureFor sale

20, 22, 24, 26, 28 & 30 Portland Street, Lincoln, LN5 1/9

Specification

Building size
Building size 9,758 sqft
Property type
Property type Retail Investments
Tenure
Tenure For sale

Description

City Centre Freehold Investment currently producing £32,000 pa ex, Grade II listed mid-terrace building with rendered elevation. The accommodation comprises of office space arranged over lower ground to third floors. There are two car parking spaces to the front of the property and one narrow car space to the rear (max width 7ft approx.).

Offers are invited in the region of £500,000 for the freehold interest of the property (subject to existing tenancy).

Location

Situated in a south facing terrace overlooking St Peter's Church, in a well-established location and close to the London Road shopping area, The Level and North Laine. Frequent bus services are close by and Brighton Station is located approximately 15 minute's walk away.

Amenities

Well-established location

Grade II Listed Building

Two car parking spaces

Rental Income £32,500 pa

Lease expiry April 2043

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