Rose House comprises a recent development of four commercial units and 13 apartments over ground, first, second and third floors with car park (9 spaces), cycle and bin storage to the rear. The property was built as a condition of the planning permission for the recently completed East West Link Road and replaces similar properties with heritage status that had to be removed in order to enable the new road to be built.
- Ref: 2048365
- Tenure: Freehold
- Types: Mixed Use Investment, Residential Investment, Retail, Retail Investment (High Street), Student Accommodation
- Size: 13,908 sq ft
- Freehold: £1,610,000 for the freehold
Key Features
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4 retail units & 13 apartments plus car park to rear
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Commercial - 4,682 sq ft | Residential - 9,226 sq ft
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Close to Brayford Pool, University & Train Station
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Freehold subject to the existing tenancies
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Sale on behalf of University of Lincoln
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ERV circa £174,100 pa (reflecting 10.8% yield)
Location
Rose House, Tentercroft Street, Lincoln LN5 7BN
Rose House is situated on the western side of Tentercroft Street at its junction with the High Street and forms part of a recent city centre regeneration programme. The vibrant Brayford Pool waterfront, Lincoln University and Lincoln train station are all within short walking distance.
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