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260-266 Hykeham Rd 779 SF Retail Condo Unit Offered at $315,499 CAD in Lincoln LN6 8BJ
Investment Highlights
- Prominent position on Hykeham Road
- Short distance to A46 Lincoln Bypass
- Good road communications
Executive Summary
The property comprises a one storey building of masonry offering retail accommodation within The property is located on the corner of Hykeham Road and St Margarets Gardens, next to a Morrisons Daily, which provides customers with free parking.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment or Owner User | Tenure | Freehold |
| Sale Type | Investment or Owner User |
| Tenure | Freehold |
Description
The premises comprises a brick built retail shop beneath a flat felt roof, arranged over ground floor level only. The property benefits from good staff and storage facilities to the rear of the premises, including a WC, kitchenette and 2-3 staff parking spaces.
Sale Notes
The property is available For Sale Freehold. The current occupier is holding over under the terms of a previous lease, so the unit can be made available subject to this lease (tenant holding over, currently paying £12,000 per annum, with an increase expected upon renewal) or, alternatively, with vacant possession
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit Unit 266 | 779 SF | Retail | $315,499 CAD ($405.01 CAD/SF) | - |
Unit Unit 266
| Unit Size |
| 779 SF |
| Condo Use |
| Retail |
| Price |
| $315,499 CAD ($405.01 CAD/SF) |
| NOI |
| - |
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Unit Unit 266
| Unit Size | 779 SF |
| Condo Use | Retail |
| Price | $315,499 CAD ($405.01 CAD/SF) |
| NOI | - |
| Sale Type | Investment or Owner User |
| Tenure | Freehold |
| Description | |
| The premises comprises a brick built retail shop beneath a flat felt roof, arranged over ground floor level only. The property benefits from good staff and storage facilities to the rear of the premises, including a WC, kitchenette and 2-3 staff parking spaces.</li></ul> | |
| Sale Notes | |
| The property is available For Sale Freehold. The current occupier is holding over under the terms of a previous lease, so the unit can be made available subject to this lease (tenant holding over, currently paying £12,000 per annum, with an increase expected upon renewal) or, alternatively, with vacant possession</li></ul> |
Property Facts Sale Pending
The following property facts apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 1,983 SF | Floors | 1 |
| Property Type | Retail (Condo) | Typical Floor Size | 1,983 SF |
| Property Subtype | Storefront | Year Built | 1980 |
| Building Class | B | Lot Size | 0.22 AC |
| Total Building Size | 1,983 SF |
| Property Type | Retail (Condo) |
| Property Subtype | Storefront |
| Building Class | B |
| Floors | 1 |
| Typical Floor Size | 1,983 SF |
| Year Built | 1980 |
| Lot Size | 0.22 AC |
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Nearby Major Retailers
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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260-266 Hykeham Rd
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