Fully let mixed‑use block with gated parking and immediate rental income.
Generating £43,500 pa gross income, fully let and producing immediate cashflow
Prominent corner high‑street position with good pedestrian traffic
Electronically gated courtyard with off‑street parking (small capacity)
Two commercial retail units at ground floor (let to trades/offices)
Three self‑contained flats (mix of one‑ and two‑bed layouts)
EPCs vary C to E; two units rated E may need energy improvements
Gas currently supplied to only one apartment; check service arrangements
Sale is Freehold and VAT is payable on the purchase price
A central, fully let mixed‑use block on Lincoln High Street presented as a ready income purchase. The building combines two ground‑floor retail units and three self‑contained residential flats, producing a gross income of £43,500 pa and offering immediate cashflow for an investor seeking town‑centre exposure.
The property benefits from a prominent corner frontage, an electronically gated courtyard with off‑street parking and modernised communal areas following refurbishment. Rents are currently competitive with clear scope for growth in line with demand from the nearby university, city centre amenities and steady footfall along this southern approach to the Cathedral area.
Buyers should note a few material points: two units carry lower EPC ratings (83A E45 and 83B E46) which may need improvement to meet future standards; gas is presently supplied to only one apartment; and the freehold sale is subject to VAT. The courtyard is useful but modest in size, so parking is limited.
Overall this is a practical, well‑presented high‑street investment that suits an investor targeting immediate returns and medium‑term rental uplift. Full tenancy schedules and detailed accounts are available to qualified purchasers.
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