Guide price £250,000
A two storey well located property on Park Street, Lincoln. The ground floor consists of an entrance/reception for ticket
sales, a large lounge/bar area, with store rooms, washroom and WC's. The first floor also has a good sized bar/lounge area along with a staff changing room and a WC. There is air-conditioning through-out the property and added security with roller shutter doors and CCTV to the font. The property is currently tenanted and the lease expires in May 2027 with a rental income of £2600 per month.
Lincoln is a cathedral city and the administrative and major shopping centre within the County of Lincolnshire with an urban area population of 130,200 (2011 Census). It is also a university city with over 14,000 students and staff contributing an estimated £250 million into the local economy. The city attracts circa 3.7 million tourists annually spending £1 billion. Park Street is just off the pedestrianised High Street in an area known for its bar and clubs. Home night club and Walkabout have frontages onto Park Street. This is an area which is popular with students as the main university campus is just to the west.
Please contact the auction team on 01522 504360 to book an individual appointment time.
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