Summary - 183B LINCOLN ROAD NORTH HYKEHAM LINCOLN LN6 8PB
1 bed 1 bath Retail Property (out of town)
Compact retail unit with garden, EPC C — sold via online Secure Sale starting at £65,000.
Freehold single-storey retail unit, vacant possession
A compact freehold retail unit in North Hykeham, offered vacant and with a starting bid of £65,000. The single-storey brick building currently trades as a salon and provides a main salon area (approx. 32.7 sq.m / 352 sq.ft), small kitchenette, separate WC and a rear store. A small lawned garden offers limited outdoor space and pedestrian access to the side and rear.
The property sits within an established residential neighbourhood with good local amenities, fast broadband and very low crime levels — suited to a community-focused business or a buy-to-let commercial holding. Services include mains gas central heating; the EPC is C (63). The site may qualify for small business rates relief (rateable value £2,850) — purchasers should confirm details with local authorities.
This lot is sold via online Secure Sale / auction. Successful bidders must pay a non-refundable 5% deposit on exchange plus a reservation fee of up to 6% inc. VAT (minimum £6,000 inc. VAT). Bidders must complete AML verification and review the legal pack before bidding. These sale costs materially increase upfront purchase outlay and should be factored into any offer or business plan.
Practical considerations: the unit is small and linear in layout, so trading use is limited by footprint and layout. On-street parking only; viewing is by appointment. The property will need only routine updating for continued salon use but presents clear scope for reconfiguration or alternative small-scale commercial uses subject to consents.
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