Lot
062
Auction Ends: 19/01/2022 14:30

166a Monks Road, Lincoln, Lincolnshire LN2 5PN

Property Details
Location
Auction Details
Description
Ground floor retail unit approximately 34 sq m (366 sq ft) with cellars offered subject to a 5 year lease with a longstanding tenant at £1,500 per quarter or £6,000 per annum.
Location
The property is situated on the corner of Monks Road and Horton Street at the end of a block of terraced residential properties within approximately 1 miles from Lincoln city centre.
Accommodation

CellarStorage
Ground Floor
Shop area, Toilet, Small sink area
Tenure
Unknown
Tenancy
The tenant of 18 years recently signed a new 5 year lease commencing 1st August 2021 at £1,500 per quarter.


Costs
Details of the Buyer's Premium and any additional fees payable are contained within the legal documents.
General
1. All the information provided on our website is for indicative purposes only and interested parties should rely upon the contents of the legal pack and their own due diligence as a prudent bidder.
2. PLEASE NOTE BIDDING COMMENCES ON TUESDAY 7TH DECEMBER AND CLOSES ON WEDNESDAY 8TH DECEMBER.
Addendum
This lot has been withdrawn prior to the December auction. The legal pack details a 5 year lease with a longstanding tenant at £1,500 per quarter or £6,000 per annum.

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