icons_size_white icons_size
menu

Agent's details

23 Queen Street

For sale: £20,000.00|520 Sq Ft|Other, Other Property Types & Opportunities

Property details

FOR SALE£20,000.00
SIZE520 Sq Ft
ADDRESS23 Queen Street, Market Rasen, Lincolnshire, LN8 3EN
TYPEOther, Other Property Types & Opportunities
TENUREInvestment Opportunity, For Sale Freehold
POSTED ON15th May 2024

Description

The property comprises a high yielding retail investment with evident asset management potential.

Arranged across ground floor only and comprising a single retail unit, the property is let to a private individual trading as Tender Ways Dog Grooming on a lease that expired in 2021 and paying £3,000 per annum.

The property is evidently under-rented, as the adjacent number 21 (which is of a similar size), has recently let for £5,040 per annum. We therefore consider the property offers evident asset management potential via re-gearing of the existing lease and improvement of the rent.

Market Rasen is a popular market town in Lincolnshire and Queen Street is the principal retail parade.

Location

marker
Location: 23 Queen Street, Market Rasen, Lincolnshire, LN8 3EN

Market Rasen (0.1 miles)

close
What do you think of our website?
Complete our survey and
you could win £1000
Start here