£375,000 /Sale price

Detached Industrial Unit on site of approx. 0.35 acres GIA approx. 2,364 sqft (220 sqm)3-phase electricity supply available Site being largely rectangular in shape and fully enclosed.INDUSTRIAL UNIT WITH REDEVELOPMENT POTENTIALINDUSTRIAL UNIT WITH REDEVELOPMENT POTENTIALGEORGE STREET, LINCOLN, LN5 8LG£375,000 FREEHOLDDetailed DescriptionThe subject property briefly comprises a detached Industrial Unit on a broadly rectangular site extending to approximately 0.35 acres which is fenced and gated located in an established Commercial location off Great Northern Terrace.We believe that the property was built during the late 1970's/early 1980's and is of steel portal frame construction with brick elevations at the base with the remainder of the walls and roof covering being over-clad in profiled and insulated metal. The eaves height of the property is approximately 4.50 meters (14 feet 9 inches) with a 3-phase electricity supply being connected to the property along with dedicated WC facilities.LocationGeorge Street is located off Great Northern Terrace and is an established Commercial location on the outskirts of the City centre accessible from Tentercroft Street as well as via Canwick Road/Pelham Bridge.Lincoln is a Cathedral City with an urban population of approximately 130,000 people as of the 2021 Census. The City is located approximately 33 miles North East of the City of Nottingham, 41 miles South East of the City of Sheffield and 48 miles North of the City of Peterborough. The A1 is approximately 17 miles South West at Newark.Lincoln benefits from a main line rail connection to London Kings Cross with a fastest journey time of approximately 2 hours.Undoubted redevelopment potential for new-build Industrial/Storage Units