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Investment

Investment For Sale Lincoln

PROPERTY ID: 127158

PROPERTY TYPE

Investment

STATUS

Under Offer

SIZE

9,758 sq.ft

Key Features

Part income producing investment
Close to the main High Street

Property Details

The properties are located on the northern side of Portland Street, close to its junction with the High Street. The surrounding area is of mixed use in character with a range of retailers, offices, clinical and leisure uses located nearby. The prime city centre retailing pitch and St Marks Shopping Centre are located a short walk to the north and the University of Lincoln is approximately half a mile to the west. There is a large residential catchment within the surrounding area. Lincoln is one of England's finest Cathedral cities and the administrative and major shopping centre within the County of Lincolnshire. It has a catchment population of circa 543,367 and an established total catchment spend of £984.40m. It also has a growing University with close to 15,000 students and academic staff based on the main campus, contributing an estimated £250m to the local economy.

The Properties Form A Substantial Mid-terrace Block Of Retail And Office Premises With Front And Rear Surfaced Car Parking/loading Areas, Which In Parts Is In Need Of Refurbishment. 22 Portland Street Is A Self-contained Vacant Ground Floor Retail Unit. 24 Portland Street Is Currently Let To An Asian Supermarket Benefitting From A Front Loading Area Access Directly Off Portland Street, Ground Floor Shop And Café, With Storage To The First And Second Floors. 26-28 Portland Street Is A Large Vacant Retail Unit Spread Over Ground And First Floors. The Property Has Access From The Rear To Both Floors. 30 Portland Street Is A Fully-let Office Across Two Floors.

About the Agent

Eddisons; Lincoln

See Agent's Other Properties

Investment Unit

£300,000 Freehold

22 24 26 28 & 30,Portland Street, Lincoln, LN5 7JX
Investment - Under Offer
9,758 sq ft
907 sqm
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