LN5 405 High Street, Lincoln

Attractive three storey retail premises in a prominent and highly visible position fronting the main High Street with a wide mix of national and independent occupiers nearby. Lincoln is a well-established cathedral city and administrative centre serving a substantial catchment population, attracting significant visitor numbers throughout the year.

Freehold for sale via private treaty with vacant possession.

The property has an EPC rating of D (86).

£5,100 under Local Authority Reference: 41724051; 100% small business rates relief is available for qualifying tenants.

The charging authority is Lincoln City.

We understand that the VAT will not be charged on the sale price.

Freehold for sale via Private Treaty with vacant possession

Attractive end of terrace three storey retail premises

Prominent High Street position within Lincoln city centre

Ground floor retail unit with return frontage

Upper floors providing ancillary retail accommodation

Suitable for owner occupiers, investors and developers

Potential for residential conversion of upper parts (STP)

The property comprises an attractive end of terrace retail premises, most recently occupied as a beauty clinic, offering well-presented accommodation arranged over ground and upper floors. The ground floor provides a retail entrance with return frontage, while the upper parts comprise a range of ancillary rooms suitable for a variety of uses.

The building presents an excellent opportunity for owner occupiers seeking a prominent trading position, as well as investors and developers looking to add value. There is clear potential to reconfigure or convert the upper floors to residential accommodation, subject to the necessary planning consents, with the benefit of separate access.

Overall, the property is in good condition and includes a useful outbuilding currently utilised for storage, together with a small rear yard.