SOLD

TypePod / Kiosk / Concession

LN5 Rose House, Tentercroft Street, Lincoln

TenureFor sale

Rose House, Tentercroft Street, Lincoln, LN5 1/14

Specification

Building size
Building size 13,908 sqft
Property type
Property type Pod / Kiosk / Concession
Tenure
Tenure For sale

Description

Rose House comprises a recent development of four commercial units and 13 apartments over ground, first, second

and third floors with car park (9 spaces), cycle and bin storage to the rear. The property was built as a condition of the planning permission for the recently completed East West Link Road and replaces similar properties with heritage status that had to be removed in order to enable the new road to be built.

4 retail units & 13 apartments plus car park to rear

Commercial - 4,682 sq ft | Residential - 9,226 sq ft

Close to Brayford Pool, University & Train Station

Freehold subject to the existing tenancies

Sale on behalf of University of Lincoln

ERV circa £174,100 pa (reflecting 10.8% yield)

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