Freehold Victorian retail with upper-floor conversion potential, vacant possession, priced for investor refurbishment..
- Freehold high-street retail building, sold with vacant possession
- Approximately 1,243 sq ft across three floors
- Upper floors offer conversion potential (STP) to residential or offices
- Stores and small rear yard suitable for deliveries or storage
- EPC rating D (96); likely requires energy upgrades
- Solid brick Victorian build; probable lack of insulation
- Located in a deprived area with higher local crime levels
- Excellent mobile and fast broadband connectivity
A substantial freehold retail building on Lincoln High Street, offered with vacant possession and clear potential for added value. The ground floor provides an established retail layout and sales frontage, with stores and a small rear yard for deliveries or storage. Upper floors (currently in use as treatment rooms) could be converted to residential or alternative commercial uses, subject to planning (STP), increasing rental income or resale value.
Constructed circa 1900–1929 of solid brick, the property has high ceilings, large rooms and bay windows that suit period-led refurbishment. Services include mains gas heating via boiler and radiators; the EPC is D (96). Broadband and mobile signals are excellent, supporting modern retail or clinic operations and potential serviced-apartment uses.
Buyers should note material considerations: the area is classified as deprived with higher local crime levels, and the building fabric likely lacks modern insulation. Refurbishment or conversion will be needed to maximise returns and achieve contemporary environmental standards. Priced at £190,000 for c.1,243 sq ft, this freehold suits investors or owner-operators prepared to undertake upgrade works and secure planning for upper-floor conversion.
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