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The Quays - The Quays 1,296 SF Retail Condo Unit Offered at $351,294 in Lincoln LN1 2XG



Investment Highlights
- Unrivalled location
- Popular business area
- Close to Lincoln City Centre
Executive Summary
The property is located within the prestigious waterside development of Burton Waters, located approximately five miles west of Lincoln City Centre. Burton Waters is an unrivalled location, incorporating a select range of local businesses, in addition to the marina and gated residential development.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Owner User | Tenure | Long Leasehold |
| Sale Status | Under Contract |
| Sale Type | Owner User |
| Sale Status | Under Contract |
| Tenure | Long Leasehold |
Description
The premises comprise a very well-presented self-contained ground floor retail suite, most recently used as a beauty therapists and equipped internally to comprise a reception area, various well-appointed treatment rooms, a drinks/seating area and staff kitchen and WC facilities. All business fixtures and fittings within the property are
available by separate negotiation if required and there is
ample visitor parking.
available by separate negotiation if required and there is
ample visitor parking.
Sale Notes
The property is available for sale on the basis of a 999-year
Ground Lease with a Peppercorn Ground Rent.
Ground Lease with a Peppercorn Ground Rent.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit Unit 6 | 1,296 SF | Retail | $351,294 ($271.06/SF) | - |
Unit Unit 6
| Unit Size |
| 1,296 SF |
| Condo Use |
| Retail |
| Price |
| $351,294 ($271.06/SF) |
| NOI |
| - |
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Unit Unit 6
| Unit Size | 1,296 SF |
| Condo Use | Retail |
| Price | $351,294 ($271.06/SF) |
| NOI | - |
| Sale Type | Owner User |
| Sale Status | Under Contract |
| Tenure | Long Leasehold |
| Description | |
| The premises comprise a very well-presented self-contained ground floor retail suite, most recently used as a beauty therapists and equipped internally to comprise a reception area, various well-appointed treatment rooms, a drinks/seating area and staff kitchen and WC facilities. All business fixtures and fittings within the property are <br> available by separate negotiation if required and there is <br> ample visitor parking.</li></ul> | |
| Sale Notes | |
| The property is available for sale on the basis of a 999-year <br> Ground Lease with a Peppercorn Ground Rent.</li></ul> |
Property Facts Under Contract
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 12,010 SF | Typical Floor Size | 12,010 SF |
| Property Type | Retail (Condo) | Year Built | 2015 |
| Property Subtype | Storefront Retail/Residential | Lot Size | 68.95 AC |
| Building Class | B | Parking Ratio | 0.83/1,000 SF |
| Floors | 3 |
| Total Building Size | 12,010 SF |
| Property Type | Retail (Condo) |
| Property Subtype | Storefront Retail/Residential |
| Building Class | B |
| Floors | 3 |
| Typical Floor Size | 12,010 SF |
| Year Built | 2015 |
| Lot Size | 68.95 AC |
| Parking Ratio | 0.83/1,000 SF |
Amenities
- 24 Hour Access
- Corner Lot
- Fenced Lot
- Property Manager on Site
- Waterfront
- Energy Performance Rating - B
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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The Quays - The Quays
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