Summary - 97 Monks Road,LINCOLN,LN2 5HS LN2 5HS
1 bed 1 bath Mixed Use
Fully fitted Monks Road barber shop — immediate trading, short lease requires cash or specialist finance..
Turnkey shop: fully fitted with five modern barber chairs
A ready-to-run, fully fitted barber shop on Monks Road offering immediate trading potential. The ground-floor retail is freshly renovated with five modern barber chairs and security shutters, creating a professional, walk-in-ready setup for an experienced barber or small-business entrepreneur.
Practical running costs are clear: rent is £1,350 pcm and the tenant is responsible for business rates and utilities (electric included in the rent figure). The premises include a WC on the main floor and a small staff room/kitchen off the lower level, plus approximately 603 sq ft of overall space and a single first-floor bedroom/bathroom arrangement.
Important drawback: only four years remain on the lease. This short term is likely to deter mortgage lenders and will limit some buyers to cash purchasers or those able to arrange specialist funding. The property sits in a high-crime, deprived neighbourhood, which may affect insurance costs and footfall patterns despite the busy road location.
This is best suited to a hands-on operator or investor who can accept lease limitations, work with the local market, and benefit from a fully equipped, low-setup-cost commercial unit that can begin generating income straight away.
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