TENUREDevelopment Opportunity, To Let, Under Offer, For Sale Freehold
POSTED ON12th March 2012
A detached two-storey workshop/storage building of traditional brick wall construction surmounted by a pitched corrugated sheet clad roof.
The building is subdivided internally to provide open plan works/storage areas together with allocated office, staff and WC facilities, over ground and first floors.
There is also portacabin style accommodation on-site with the property having an ample hard surfaced yard with gated entrance. The total site area is 0.12 hectares (0.29 acres).
Located fronting Tanners Lane just off Lincoln High Street a short distance from St Marks Shopping Centre and ½ a mile south of Lincoln city centre.
Surrounding occupiers are both commercial and residential in nature to include the Royal Mail Postal Sorting Office, J D Wetherspoon public house and a range of both student and private residential apartments.
We are advised by the Local Planning Authority that the property has an established use as a workshop as falling within Class B1 (Light Industrial) of the Town and Country Planning (Use Classes) Order 1987.
We are of the opinion that the property offers potential for alternative use development subject to receipt of necessary planning consent. Interested parties are advised to make investigations to Lincoln City Council Planning Department on 01522 881188.
Schematic drawings have been produced highlighting how a 121 bed student accommodation development could be facilitated on site. The document is available upon request. No discussions have yet been held with the Local Planning Authority.
The freehold interest is available For Sale, subject to vacant possession being provided on completion if required.
The owners of 137 to 141 High Street have a right of access and egress by vehicle or on foot over the area hatched in green on the attached site plan.
Alternatively, our clients may consider offering a lease of the premises.