Investment to Buy
Weaver Road, Hykeham, Lincoln, LN6 Under offer
£280,500 £139 /sf
2,022 sf
The property comprises a modern two storey mid-terraced office building currently arranged as two office suites, one per floor, with communal WC facilities. Externally, the property is allocated 8 car parking spaces.
The ground floor is let to Amcare Ltd on an full repairing and insuring lease (FRI) for a term of 5 years from 18 October 2020 at a current rent of £14,500 per annum.
The first floor is let to Primary ICT Support Ltd on an FRI lease for a term of 3 years from 6 March 2020 at a current rent of £10,000 per annum.

Location

The Point office park is situated just off the A46 Lincoln Bypass approximately 6 miles to the south west of Lincoln City Centre.

Amenities

Modern two storey mid-terraced office building
Situated within established sought after office park
Fully let producing a rental income of £24,500 pa
Excellent access to A46 linking to A1 at Newark
EPC Rating: C (67)
Freehold

Images (3)

Lambert Smith Hampton
Lambert Smith Hampton
01522 698888

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RE: Weaver Road, Hykeham, Lincoln, LN6  (210209121015)