Brown&Co
- Period office building with rear annexe
- 6,157 sq ft (572 sq m) GIA
- Freehold with vacant possession
- Suitable for office or alternative uses STP
- City centre location
- Redevelopment potential
- Guide Price: £325,000
Substantial period office building with separate rear annexe. Vacant freehold opportunity suitable for office, alternative uses or redevelopment, subject to planning. 6,157 sq ft GIA.
About this property
Detailed Description
51 Newland comprises a substantial period property fronting Newland together with a separate annexe to the rear. The property provides flexible accommodation over ground and first floors and extends to approximately 6,157 sq ft (572 sq m) GIA. Suitable for office occupation, alternative uses or redevelopment, subject to planning. Freehold with vacant possession.
Location
Prominently located on Newland within Lincoln city centre, close to Brayford Waterfront, the University of Lincoln and Lincoln Central railway station.
Accommodation
6,157 sq ft (572 sq m) GIA. Site area approximately 0.11 acres.
Business Rates
Rateable value currently being reassessed.
Services
Existing service connections serving the wider Lincolnshire County Council estate will be disconnected prior to completion. Purchasers to arrange any new connections required.
Viewing
Strictly by appointment through Brown & Co.
VAT
The property is not elected for VAT.
Legal Costs
Each party to be responsible for their own legal costs.
Other
A restrictive covenant will prohibit use as a House in Multiple Occupation (HMO).
Terms
Freehold for sale with vacant possession. Guide Price £325,000.
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