Sold
Lincoln – Strong Retail Park with an Attractive Income Return of 10.9%
Lindis Retail Park, Tritton Road, Lincoln, LN6 7JL
Offers in excess of £4,500,000
- Property Type:
- Commercial
- Sub Type:
- Retail
- Tenure:
- Freehold
- Net Initial Yield:
- 10.9%

Description
- Regionally dominant retail park located in Lincoln situated adjacent to a 140,500 sq ft Sainsbury’s
- The property is fully let and comprises 4 units totalling 44,746 sq ft GIA
- The property benefits from Open A1 (including food) planning consent
- Strong tenant line up of Matalan, Domino’s, Iceland (t/a The Food Warehouse) and Poundstretcher (t/a Bargain Buys)
- There is demised car parking to the front of the units providing a total of 267 spaces
- The property is held freehold
- AWULT of 6.57 years to break 6.88 to expiry
- Total rent of £523,230 per annum equating to £11.69 per sq ft
- Large catchment population of 89,080 within a 10 minute drive time and 164,478 within a 20 minute drive time