About this property

Detailed Description

The property comprises an end of terrace building currently arranged as a lock-up retail unit at ground floor level with a two bedroom self-contained apartment at first floor level. To the rear there is a single garage. The property could be used for various uses (subject to planning).

Location

Lincoln is a cathedral city and the county town of Lincolnshire with an urban population of circa 130,000. It is also a university city with circa 15,000 students and staff attending the main city centre campus.

The subject property is situated within the popular West End area of the city on the southern side of West Parade approximately 250 metres to the west of its junction with Yarborough Road and less than a mile from the city centre.

Accommodation

Measured on a net internal area (NIA) basis in accordance with the RICS Code of Measuring Practice the retail unit provides the following accommodation:

Ground floor shop - 61 West Parade

Description Sq M Sq Ft
Sales Area/Kitchen 47.9 516
Storage 7.1 76
WC - -
Total (NIA) 55 592

First floor apartment - 61a West Parade

Description Sq M Sq Ft
Kitchen 7.2 76
Bedroom 1 4.6 50
Bedroom 2 10.4 112
Bathroom 3.8 41
Living room 18 194
Total 44 474

Business Rates

Rateable Value (61 West Parade) Description:
Shop and premises Rateable Value (2017 List): £3,900
Standard Multiplier (2021/22): 51.2p in the £
Small Business Multiplier (2021/22): 49.9p in the £

Interested parties are advised to contact Lincoln City Council on 01522 881188 to establish the rates payable.

COUNCIL TAX (61a west parade)
Band A

Services

We understand that mains gas, electricity, water and drainage are available to the property. We have not tested the services and interested parties should satisfy themselves that they are adequate for the proposed use of the property.

Viewing

Strictly by appointment with the Agent.

For further information or to arrange a viewing please contact sole agents Brown&CoJHWalter:

Will Gaunt
01522 457182
07919 694235
william.gaunt@brown-co.com

VAT

Prices quoted in these particulars are net of VAT. We are informed by the client that they have not elected to charge VAT.

Legal Costs

Each part is to be responsible for their own legal costs incurred in the sale.

Other

EPC RATING
The property has an EPC Rating of C65.

PLANNING
We understand that the site is allocated for uses falling with Class E of the Town and Country Planning (Use Classes) Order 1987 (as amended). Interested parties should make their own enquiries with to Lincoln Council on 01522 881188 to verify the current use of the property and to establish the likelihood of obtaining the necessary consents for a change of use if required.

BUYER IDENTITY CHECK
Please note that prior to acceptance of any offer Brown & Co JHWalter are required to verify the identity of the buyer to comply with the requirements of The Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulation 2017.

Terms

GUIDE PRICE
For Sale - £210,000
Offers are invited for consideration.

TENURE
Freehold with vacant possession.