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Geoffrey Church Buildings Cathedral St 94 Unit Dormitory For Sale Lincoln LN2 5HH
Investment Highlights
- Prime, prominent, redevelopment PBSA scheme - currently vacant.
- Unbroken block sale.
- Located within the City of Lincoln.
- Comprises 94 beds arranged in 24 cluster flats across 4 blocks.
- Part refurbished.
- Leasehold interest of 125 years with 99 years remaining at annual rent of £1.00.
- 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
| Sale Type | Investment | Building Class | B |
| Tenure | Long Leasehold | Lot Size | 0.20 AC |
| No. Units | 94 | Building Size | 30,000 SF |
| Property Type | Multifamily | No. Stories | 4 |
| Property Subtype | Dormitory | Year Built | 1993 |
| Apartment Style | Mid-Rise | Parking Ratio | 0.3/1,000 SF |
| 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
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Geoffrey Church Buildings | Cathedral St
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