- Potential investment opportunity
- Retail shop with 2x 1 bedroom apartments
- Shop being sold with vacant possession
- Prime retail location within Woodhall Spa
FOR SALE BY INFORMAL TENDER - Tenders close 12 noon 19th May 2023
Retail premises & two apartments
About this property
For sale by informal tender - tenders close 12 noon 19th May 2023
Built in 2010, this detached property comprises a ground floor Retail Unit with 2 x 1 bedroom Apartments on the first floor and a garden to the rear.
The Retail Unit is being sold with vacant possession and the Apartments are currently let by way of Assured Shorthold Tenancies at a rent of £600 per calendar month each. Access to the apartments is to the west of property.
The Retail space benefits from being open plan with a Kitchen/Store and WC to the rear.
Woodhall Spa is an attractive large village and Spa resort with excellent facilities including schools, banks, shops, hotels, golf course and good social amenities. It is located on the southern edge of Lincolnshire Wolds, approximately 6 miles south west of Horncastle and 15 miles south east of Lincoln.
The subject property is well located on the sought after Station Road which is the main retail area within the Village.
We understand that the properties are connected to mains gas, electricity, water and drainage.
We have not carried out any tests on any of the services or appliances present at the properties 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.
Strictly by prior appointment with the Sole Selling Agents:
Brown & Co
5 Oakwood Road Lincoln
Tel: 01522 457800
We understand that the property is elected for VAT.
Each party will be responsible for their own legal costs incurred in respect of any sale