Office for sale Lincoln LN2 1BD,14525sq ft | Boxpod

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Office

Office For Sale Lincoln

PROPERTY ID: 130312

PROPERTY TYPE

Office

STATUS

Available

SIZE

14,525 sq.ft

Property Details

Crown House briefly comprises a detached 1960's-built 3 storey Office building with frontage to Grantham Street and vehicular access being provided from Danesgate to the 33 space surfaced Car Park to the rear. Given the nature of the location and surrounding structures, we believe that undoubted potential exists to either refurbish and extend (to include potentially increasing the height of the building) or to demolish and redevelop the site in its entirety which extends to approximately 0.14 hectares (0.346 acres). Lincolnshire County Council, as our client, have deemed Crown House to now be surplus to requirements and existing staff are due to relocate to alternative Premises in Lincoln in June 2025 when vacant possession will become available. Our clients are in possession of a Structural Report which concludes that the building is not constructed of RAAC with the Report having been carried out in 2022. A copy of said Report is available to potential purchasers upon request through Brown&Co as the Sole Selling Agents. There are a number of surrounding structures that are 6 storeys in height, to include Danesgate House to the frontage of the subject property. We believe that alternative uses such as Student Accommodation, Residential Apartments and Hotel would meet with the approval of The Planning Department at Lincoln City Council, subject to the relevant surveys being undertaken by the proposed Developer and acceptable plans to be submitted in terms of Design & Access together with adequate provision of Car Parking, should this be required.

Summary Description Rarely Available City Centre Refurbishment/redevelopment Opportunity Offers In Excess Of £1,500,000 Freehold

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About the Agent

Brown & Co

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Office Unit

£1,500,000 Freehold

Crown House,Grantham Street, Lincoln, LN2 1BD

Office - Available
14,525 sq ft
1,349 sqm

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