Office For Sale, Lincoln

Office in Lincoln
Office in Lincoln
Office in Lincoln
Office in Lincoln
£1,250,000 Freehold

Crown House,Grantham Street, Lincoln, LN2 1BD

Type Office
Status Under Offer
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 £1,250,000 Freehold
Brown & Co
Brown & Co View all properties
Office For Sale, Lincoln
£1,250,000 Freehold

Crown House,Grantham Street, Lincoln, LN2 1BD

Office · Under Offer · 14,525 sq ft

Property ID: 130312

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Brown & Co
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