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Substantial Mixed Use Investment Lincolnshire PE21
Auction Date
09 July 2024
Guide Price
£875,000
Property Summary
Guide Price £875,000. Substantial freehold retail and residential parade investment. The property comprises four shops arranged on the ground floor, with eight, separately-accessed residential flats (4 x 1 bed & 4 x 2 beds) arranged on the first and second floors and all let on AST's. The property also benefits from a third floor, part let on a long lease with majority offered vacant. Shops let to a barber, a bakery, a nail salon plus one vacant shop. Shop leases expire in 2027 & 2028. Grade II Listed building. Rent £95,705 per annum exclusive plus one vacant shop.
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