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252 Wragby Road, Lincoln, Lincolnshire, LN2 4PX
2,551.05 sq. ft. (237 sq. m.)
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Guide Price
£359,000
Retail
  • Retail/Takeaway Unit
  • 3 Bedroom Flat above, Garage & large Garden to the rear
  • Well located on Wragby Road in between Aldi and Tesco Supermarkets.
  • Excellent Trading & Investment Opportunity.
  • Sold with Vacant Possession.
  • Selling due to retirement.

RETAIL/TAKEAWAY PREMISES, 3 BEDROOM FLAT & GARDEN
GUIDE PRICE: £359,000 FREEHOLD
SELLING DUE TO RETIREMENT

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About this property

Detailed Description

The property comprises a detached 3 storey building of brick construction with a pitched tiled roof and consists of a Ground Floor Retail/Takeaway Unit, 3 Bedroom Flat above, Garage and a large garden to the rear.

The Retail Unit has been used as a Fish & Chip shop for approximately 35 years and comprises a large Sales Area to the front with a Kitchen, Preparation room, Stores and WC to the rear. To rear of the Retail Unit there is a separate access to a Basement providing additional Storage accommodation.

The Flat is modern and spacious with its own side access from the Ground Floor (and Retail Unit if required) and comprises of 2 Bedrooms, Living Room, Kitchen, Shower Room and Store on the First Floor and where the Attic has been converted to create a Bedroom and Bathroom/WC on the Second Floor.

Location

Lincoln is a Cathedral and University City within urban population of approximately 130,000 people as of 2026 estimates. The City is located approximately 33 miles North East of the City of Nottingham, 41 miles South East of the City of Sheffield and 48 miles North of the City of Peterborough.

252 Wragby Road is well-located in a Parade of Shops approximately 1 mile North East of Lincoln Cathedral on the busy A1434 in between Tesco and Aldi Supermarkets. The busy location creates an excellent opportunity for the property to be used a for various Retail/Takeaway uses.

Accommodation

In terms of net internal area, the various elements of the property comprises as follows:

Description - Retail/Takeaway Unit | m2 | Sq.ft
Basement/Store | 47.1 | 507
Ground Floor - Sales Area | 43.6 | 469
Ground Floor - Store | 4.4 | 47
Ground Floor - Kitchen | 11.3 | 128
Ground Floor - Prep Area | 4.4 | 47
Ground Floor - Store | 13.5 | 145
Ground Floor - WC | - | -
Total (NIA) | 124.9 | 1,344

Description - Flat | m2 | Sq.ft
First Floor - Kitchen | 10.8 | 116
First Floor - Bedroom | 16.9 | 182
First Floor - Store | 1.5 | 16
First Floor - Living Room | 25.9 | 279
First Floor - Shower Room | 5.8 | 62
First Floor - Bedroom | 10.2 | 110
Second Floor - Bedroom | 10.3 | 111
Second Floor - Bathroom | 4.5 | 48
Total (NIA) | 85.9 | 924

Description - Garage | m2 | Sq.ft
Garage | 25.9 | 279

Business Rates

Having carried out an online search via The Valuation Office Agency website, we believe that the Retail Unit is assessed under the 2026 Rating List as a Shop and Premises with a Rateable Value of £9,100.

The Flat is in Council Tax Band A

Interested parties are advised to contact Lincoln City Council on 01522 881188 to establish the level of Business Rates and Council Tax payable.

Services

We understand that the property is connected to mains gas, electricity, water and drainage.

We have not carried out any tests on any of the services and appliances believed to be present at the property and potential purchasers should arrange for their own tests to ensure that any services are adequate and in good working order prior to committing to purchase this property

Viewing

For further information or to arrange a viewing please contact:

Brown&Co William Gaunt
5 Oakwood Road 01522 504322
Lincoln 07919694235
LN6 3LH william.gaunt@brown-co.com

VAT

We understand that the property is not elected for VAT.

Legal Costs

Each party will be responsible for their own legal costs incurred in respect of any sale negotiated.

Other

TOWN AND COUNTRY PLANNING
The Retail Unit has been used as a Fish & Chip for a number of years and as such has an established use now falling under Use Class Sui Generis.
For further information in respect of planning-related matters, prospective purchasers should contact Lincoln City Council on 01522 881188.

EPC
The Retail Unit has an EPC Rating of B45 which expires on the 23rd August 2035.

The Flat has an EPC Rating of D63 which expires on the 23rd August 2035.

Terms

ASKING PRICE
We are offering the freehold interest for £359,000 with vacant possession to be granted upon completion.

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To arrange a viewing contact

5 Oakwood Road, Lincoln, Lincolnshire, LN6 3LH

07919 694235

01522 504322

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