Office for sale in Monks Road, Lincoln LN2
£275,000 (£109.91/sq. ft)
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The property comprises a double fronted end of terrace office/surgery building constructed in traditional materials – brick under a pitched slate roof - laid out over 3 floors with 4 car parking spaces to the rear. The property has until very recently been used as a Doctors Surgery, but would be suitable for conversion back into its original use as a pair of terraced dwellings, subject to the receipt of planning permission.
The property is located in a well-established residential location about half a mile to the east of the City Centre. The property sits on the corner of Monks Road and Arboretum Avenue a short walk to the east of Lincoln College Campus on Monks Road. There are a sprinkling of commercial uses within the locality that serve the extensive residential catchment.
Lincoln is an historic Cathedral City and the shopping and administrative centre for the County of Lincolnshire. It has a residential population of circa 100,000 and a catchment of 300,000. It is also a growing University City with close to 15,000 students and academic staff now based at the main campus in the City, contributing an estimated £250 million to the economy, in addition to those based at Lincoln College and Bishop Grosseteste University in uphill Lincoln.
The existing and established use of the property as a Doctors Surgery falls within Use Class D1 (Non-Residential Institutions) of the Town and Country Use Classes Order 1987 (as amended). Other commercial uses such as a Crèche or Day Nursery are permitted within the same use class and in our view the property has potential for alternative commercial uses such as an office falling within Class B1, subject to securing the necessary planning permission. Furthermore, in our view the property also offers potential for conversion back into residential use, subject to the receipt of the necessary planning permission.
Interested parties are advised to discuss their proposals for the building with City of Lincoln Council.
Freehold with vacant possession on completion.
Strictly by appointment through the Chartered Surveyors.
Robin Hood Airport
East Midlands Airport
Hull Ferry Terminal
West Lynn Ferry Landing
King's Lynn Ferry Landing
View all schools in Lincoln
Lincoln Monks Abbey Primary School
The Lincoln St Peter-in-Eastgate Church of England (Controlled) Infants School
New College Doncaster
Lincoln Minster School
Lincoln Christ's Hospital School
Lincoln The Sincil School
Note: Distance is shown as a straight line measurement
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About the neighbours in LN2
* Sizes listed are approximate. Please contact the agent to confirm actual size.
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Banks Long & Co, and do not constitute property particulars. Please contact Banks Long & Co for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.
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