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Retail - High Street, Financial Services, Residential Conversions, Commercial

Monks Road, Lincoln

£295,000
Arrange a Viewing
Living
Bed
Bath

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Overview

LOCATION
The property is located on the eastern fringe of Lincoln City Centre, with frontage onto Monks Road (B1308) adjacent to the junction with John Street. The property lies within close proximity of Lincoln College and Lincoln Arboretum, within a densely populated residential district.

DESCRIPTION
Substantial Prominent Retail Premises with Redevelopment Potential - We are pleased to offer for sale this substantial Freehold property, formerly trading as a Butchers and Bakers Shop with ancillary preparation rooms, including catering and refrigeration equipment, which may also be of interest to a prospective Purchaser. The accommodation currently comprises retail space with ancillary office accommodation above, preparation rooms to the rear, including a meat processing unit, bakery and storage accommodation. The internal floor area extends, in total, to 372 sq.m (4,000 sq.ft). In addition, the site has the benefit of a secure external loading bay area, accessed via John Street and there is also a small car park providing four car parking spaces. Given the size of the site, it is considered ideally suited to Investors/Developers given that there is extensive residential development potential, subject to planning. Alternatively, the site may be of interest to owner occupiers looking to re-establish the previous successful business.

ACCOMMODATION
The fully equipped retail area extends to 64 sq.m including walk-in refrigeration equipment and preparation space.

At first floor level, there are three separate offices and WC facilities.

To the rear of the main retail building is a single-storey workshop extending to 53 sq.m and beyond that, there is the secure loading bay area which gives access to a two-storey bakery extending, in total, to 112 sq.m, together with a two-storey former residential property, now used for storage and additional refrigeration space extending to a further 79 sq.m. The floor plans provide further clarification regarding layout.

SERVICES
Mains drainage, gas, electricity and water are connected, with air-conditioning providing heating and cooling.

EPC Ratings - C/D and is valid until 2035.

TERMS
Tenure - The site is available on a Freehold basis.

OUTGOINGS
Rateable Value - £15,500

VAT
VAT is payable on the purchase price.

OTHER
Fixtures & Fittings - The premises are currently fully equipped with refrigeration and catering equipment which may be available (for a price to be negotiated), if this is of interest to a prospective Purchaser. Further details are available on request.

VIEWING
Via Mundys Commercial

Read More
Maps
Floorplan
EPC
Overview
Maps
Floorplan
EPC

LOCATION
The property is located on the eastern fringe of Lincoln City Centre, with frontage onto Monks Road (B1308) adjacent to the junction with John Street. The property lies within close proximity of Lincoln College and Lincoln Arboretum, within a densely populated residential district.

DESCRIPTION
Substantial Prominent Retail Premises with Redevelopment Potential - We are pleased to offer for sale this substantial Freehold property, formerly trading as a Butchers and Bakers Shop with ancillary preparation rooms, including catering and refrigeration equipment, which may also be of interest to a prospective Purchaser. The accommodation currently comprises retail space with ancillary office accommodation above, preparation rooms to the rear, including a meat processing unit, bakery and storage accommodation. The internal floor area extends, in total, to 372 sq.m (4,000 sq.ft). In addition, the site has the benefit of a secure external loading bay area, accessed via John Street and there is also a small car park providing four car parking spaces. Given the size of the site, it is considered ideally suited to Investors/Developers given that there is extensive residential development potential, subject to planning. Alternatively, the site may be of interest to owner occupiers looking to re-establish the previous successful business.

ACCOMMODATION
The fully equipped retail area extends to 64 sq.m including walk-in refrigeration equipment and preparation space.

At first floor level, there are three separate offices and WC facilities.

To the rear of the main retail building is a single-storey workshop extending to 53 sq.m and beyond that, there is the secure loading bay area which gives access to a two-storey bakery extending, in total, to 112 sq.m, together with a two-storey former residential property, now used for storage and additional refrigeration space extending to a further 79 sq.m. The floor plans provide further clarification regarding layout.

SERVICES
Mains drainage, gas, electricity and water are connected, with air-conditioning providing heating and cooling.

EPC Ratings - C/D and is valid until 2035.

TERMS
Tenure - The site is available on a Freehold basis.

OUTGOINGS
Rateable Value - £15,500

VAT
VAT is payable on the purchase price.

OTHER
Fixtures & Fittings - The premises are currently fully equipped with refrigeration and catering equipment which may be available (for a price to be negotiated), if this is of interest to a prospective Purchaser. Further details are available on request.

VIEWING
Via Mundys Commercial

Read More
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