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Geoffrey Church Buildings Cathedral St 94 Unit Dormitory $3,330,979 ($35,436/Unit) Lincoln LN2 5HH
INVESTMENT HIGHLIGHTS
- Located within the City of Lincoln
- Prime, prominent, redevelopment PBSA scheme - currently vacant
- Approximately 0.5 miles to principal University of Lincoln campus
EXECUTIVE SUMMARY
Opportunity to acquire a prime, prominent, redevelopment PBSA scheme, which is currently vacant, completed for the 1994/95 academic year, comprising 94 beds.
A former operational entity until recently when the owner obtained vacant possession to commence an en bloc refurbishment.
Long leasehold interest of 125 years with 99 years remaining at an annual rent of £1.
Price on application.
A former operational entity until recently when the owner obtained vacant possession to commence an en bloc refurbishment.
Long leasehold interest of 125 years with 99 years remaining at an annual rent of £1.
Price on application.
PROPERTY FACTS
| Price | $3,330,979 | Apartment Style | Mid-Rise |
| Price Per Unit | $35,436 | Building Class | B |
| Sale Type | Investment | Lot Size | 0.20 AC |
| Tenure | Long Leasehold | Building Size | 30,000 SF |
| No. Units | 94 | No. Stories | 4 |
| Property Type | Multifamily | Year Built | 1993 |
| Property Subtype | Dormitory | Parking Ratio | 0.3/1,000 SF |
| Price | $3,330,979 |
| Price Per Unit | $35,436 |
| Sale Type | Investment |
| Tenure | Long Leasehold |
| No. Units | 94 |
| Property Type | Multifamily |
| Property Subtype | Dormitory |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 0.20 AC |
| Building Size | 30,000 SF |
| No. Stories | 4 |
| Year Built | 1993 |
| Parking Ratio | 0.3/1,000 SF |
AMENITIES
UNIT AMENITIES
- Kitchen
- Tub/Shower
1 1
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Geoffrey Church Buildings | Cathedral St
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