**Property Highlights:**
- Freehold with full planning permission to convert into 5 flats and a retail unit.
- Three-storey period building with attractive Georgian architecture.
- Prominent location on the High Street, adjacent to popular eateries like KFC, Domino's, and Papa John's.
- Off-road allocated parking available.
- Current EPC rating of E (110).
- Total area of 1,760 square feet with an open plan retail space and existing residential accommodation.
- Chain-free sale.
Situated in a vibrant and established area, this attractive three-storey period building presents a unique investment opportunity in Lincoln. With full planning permission (planning ref: 2023/0609/FUL) secured to transform the property into five residential flats while retaining the valuable ground-floor retail space, it’s perfect for both savvy investors and developers looking for high-potential returns.
The extensive size of the building (1,760 sq ft) coupled with off-road parking enhances its appeal, while the location boasts excellent connectivity and amenities within walking distance. Just a stone’s throw from major retail outlets and restaurants, this property is positioned to attract future residents, especially in a cosmopolitan neighborhood popular among families and students alike.
While the property will require renovations to meet modern living standards, the existing double glazing and solid brick construction provide a sturdy base, allowing for creative re-imagination into a mixed-use development. With the local area rating of low crime and proximity to reputable schools, it promises comfort and security for future occupants.
Don’t miss out on this rare chance to invest in a property with immediate development potential and a sought-after High Street presence. Act quickly, as opportunities like this don’t come around often!
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