Offers in region of
£199,950
(£143.44/sq. ft)
Retail premises for sale36 High Street, Metheringham, Lincoln LN4
1,394 sq. ft
EPC Rating: C
Added on
Wood Moore & Co
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About this property
Recently reduced!
Freehold mixed-use opportunity for sale
Fully refurbished; new central heating system, electrics and fully fitted kitchen and bathrooms.
Prominent High Street position with ground floor retail frontage
Retail accommodation extending to approximately 396 sq ft (36.8 sq m)
Residential accommodation extending to approximately 991 sq ft (92.1 sq m)
Four-bedroom residential part arranged over ground, first and second floor
Open-plan living accommodation at ground floor level
Private enclosed courtyard garden with external storage shed
Estimated Rates Payable: £2551.02
Description
The property comprises a fully refurbished mixed-use freehold building, offering ground floor retail accommodation with a residential element arranged over the ground, first and second floors. The comprehensive refurbishment includes full redecoration throughout, a new central heating system, upgraded electrics, and newly fitted kitchens and bathrooms, providing a high-quality finish throughout.
The retail accommodation extends to approximately 396 sq ft (36.8 sq m) and occupies a prominent position fronting the High Street. The residential part extends to approximately 991 sq ft (92.1 sq m) and provides open-plan living accommodation at ground floor, together with four bedrooms and a bathroom arranged over the upper floors. To the rear, the property benefits from a private enclosed courtyard garden and a detached storage shed.
The property may be suitable for owner-occupiers, investors or purchasers seeking a combination of commercial and residential accommodation, subject to their individual requirements.
Location
The property occupies a prominent trading position fronting the High Street within an established commercial and residential locality. The immediate area comprises a diverse mix of independent retailers, service providers, food and beverage and residential properties. The property is conveniently located for local amenities and public transport services, whilst also benefiting from good access to the wider road network.
The location provides an attractive environment for both commercial and residential living.
Services
We understand that the property benefits from connections to all main services, including: Electricity, water, drainage and gas. Interested parties should confirm the condition, capacity and suitability of all services.
Outgoings
The commercial part has a Rateable Value of £5,900. Subject to status, qualifying occupiers may benefit from 100% Small Business Rates Relief. The residential accommodation is understood to fall within Council Tax Band B.
Tenure
Freehold with vacant possession available upon completion.
VAT
We understand that VAT is not applicable.
EPC
The property has an EPC rating of C (69).
Viewings
Please contact Wood Moore & Co to arrange a viewing.
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