LOCATION
The property is located on the southern edge of Navenby Village, with frontage onto High Street (A607). Navenby offers an excellent range of local amenities, being one of Lincoln's most desirable villages, renowned for its vibrant High Street and strong local community. Navenby is located approximately 10 miles south of Lincoln and 15 miles north-east of Newark upon Trent. Sleaford is located approximately 10 miles to the south. Navenby has a population of circa. 2,500 residents.

DESCRIPTION
Freehold Investment Property Comprising Two Shops, Two Flats and Car Park - We are pleased to offer for sale this rare opportunity within one of Lincolnshire's most popular, thriving villages comprising two retail outlets, and two recently refurbished two bedroom apartments, currently generating £41,150 per annum. Also included with the sale is the adjacent car park, which extends to 264 sq.m and currently benefits the retail and residential units but is also considered to have development potential, subject to planning.

ACCOMMODATION
The two retail units comprise an open-plan Coffee Shop which extends to 12 sq.m (667 sq.ft) together with a separate Butcher's Shop extending, in total, to 222 sq.m (2,390 sq.ft) comprising retail, preparation areas and cold stores.

The upper floor apartments are recently refurbished and well-presented with each apartment comprising open-plan living/kitchen areas, two bedrooms and a shower room/WC.

SERVICES
Each of the two shops and the two flats are separately serviced with mains electricity, water and drainage. Each Tenant is responsible for paying their own utility bills.

EPC Ratings
The shops have a combined EPC Rating of B
Flat 2A Gas Lane - C
Flat 2B Gas Lane - C

TERMS
TENURE
The property is being offered for sale on a Freehold basis subject to the occupational Leases as described above.

TENANCY INFORMATION
The larger ground floor retail unit is let to Navenby Butchers Ltd for a term of 10 years commencing 1st August 2025.

The smaller retail unit is let to Robin Rose Bakes Ltd for a term of 10 years commencing 1st May 2024.

Each of the first floor apartments are let under the terms of Assured Shorthold Tenancy Agreements.

Full tenancy information is available on request to seriously interested parties.

OUTGOINGS
BUSINESS RATES & COUNCIL TAX
Unit 1 - £4,900 (from 1 April 2026)
Unit 2 - £7,700 (from 1 April 2026)
Flats (2A & 2B Gas Lane) - Band 'A' North Kesteven District Council

VAT
VAT to be confirmed.

VIEWING
Via appointment through Mundys Commercial.