Under Offer

TypeOffice · Development - Residential

LN1 34 & 35 Orchard Street/Rauceby Terrace, Lincoln

TenureFor sale

34 & 35 Orchard Street/Rauceby Terrace, Lincoln, LN11/7

Specification

Building size
Building size4,042sqft
Land size
Land size0.14acres
Property type
Property typeOffice · Development - Residential
Tenure
TenureFor sale

Description

An attractive terrace of period buildings offering vacant office accommodation with potential for alternative uses or residential conversion, subject to the necessary consents.

34-35 Orchard Street together with 1-2 Rauceby Terrace comprise a terrace of attractive Victorian former dwellings constructed of traditional brick beneath pitched slate roofs. The properties are arranged as a series of interconnected buildings providing accommodation over multiple floors.

The buildings have most recently been used for office accommodation and are currently vacant. The configuration of the property provides potential for continued office use, owner occupation, refurbishment, or conversion to alternative uses, including residential, subject to obtaining the necessary statutory consents.

Attractive period buildings in a city centre location

Freehold sale with vacant possession

Former office accommodation extending to 4,042 sq ft NIA

Potential for alternative uses (stp)

Site area of approximately 0.141 acres

Well positioned close to amenities and transport links

Location

The property occupies an established position close to Lincoln city centre, within easy reach of the city's retail, leisure and transport facilities. The surrounding area comprises a mix of residential, educational, office and commercial uses, making the property suitable for a variety of occupiers and future uses, subject to the necessary consents.

Accommodation

34 Orchard Street - 1,136 sq ft (105.56 sq m) NIA

35 Orchard Street - 1,160 sq ft (107.74 sq m) NIA

1 Rauceby Terrace - 963 sq ft (89.45 sq m) NIA

2 Rauceby Terrace - 783 sq ft (72.77 sq m) NIA

TOTAL - 4,042 sq ft (375.52 sq m) NIA

Business Rates

Rateable values to be reassessed.

Services

Interested parties are advised to make their own enquiries regarding the availability and capacity of all mains services. We have not carried out tests on any of the services or appliances and interested parties should arrange their own test to ensure these are in working order.

Viewing

Strictly by appointment with the Selling Agent.

VAT

We understand that the vendor has not opted to tax the land and buildings and VAT will therefore not be applicable to the sale price.

Legal Costs

Each party is to be responsible for their own legal costs.

Other

PLANNING

The existing use of the properties falls within Class E (Commercial, Business and Service Uses) of the Town and Country Planning (Use Classes) Order 1987 (as amended). Interested parties should make their own enquiries with the Local Planning Authority regarding existing and proposed uses.

ENERGY PERFORMANCE CERTIFICATES

34-35 Orchard Street - Energy Rating E

1 Rauceby Terrace - Energy Rating E

2 Rauceby Terrace - Energy Rating E

Certificates valid until 20 September 2035.

Terms

Freehold for sale with vacant possession upon completion.

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