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Car Park & Buildings St. Pauls Ln 2,008 SF Office Building Lincoln LN1 3AL $799,435 ($398.13/SF)
INVESTMENT HIGHLIGHTS
- At the foot of the castle wall
- Rare opportunity
- Potential for other uses
EXECUTIVE SUMMARY
For sale with vacant possession. The property is freehold however their is a car park arrangement with the council. There is a licence contract that will need agreeing with the council to access the site. However the site is not land locked and access could be from the main building. At present there is a lease with White Hart Hotel (TSP operations) Ltd on an annual basis at £5000 pax and in addition the annual licence fee payable to City of Lincoln Council is £4000 pax. The store is leased on a lease for 12 months at £14000 pax.
PROPERTY FACTS
Sale Type
Owner User
Property Type
Office
Tenure
Freehold
Building Size
2,008 SF
Building Class
C
Year Built
1990
Price
$799,435
Price Per SF
$398.13
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
1,004 SF
Building FAR
0.42
Lot Size
0.11 AC
Parking
11 Spaces (5.48 Spaces per 1,000 SF Leased)
1 of 20
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Car Park & Buildings | St. Pauls Ln
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