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Lea Rd 26,684 SF 100% Leased Office Building Gainsborough DN21 1LX $488,096 ($18.29/SF)
Investment Highlights
- Riverside views
- Short distance from Gainsborough lea road train station
Executive Summary
A rare opportunity to acquire a landmark redevelopment project with significant residential development potential in an established market town setting. Full planning permission has been granted (8 September 2023) for the conversion to 28 residential apartments (Class C3) comprising 23 two bedroom units and 5 one bedroom units, many designed as duplex apartments with mezzanine levels. The property is available for sale via auction with Pattinsons
Property Facts
Sale Type
Investment
Sale Condition
Auction Sale
Property Type
Office
Tenure
Freehold
Building Size
26,684 SF
Building Class
B
Year Built/Renovated
1906/2001
Price
$488,096
Price Per SF
$18.29
Percent Leased
100%
Building Height
3 Stories
Typical Floor Size
8,895 SF
Parking
30 Spaces (2.74 Spaces per 1,000 SF Leased)
Amenities
- Security System
- Storage Space
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Presented by
Lea Rd
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