Lincoln agents in Cornhill lease
Two chartered surveyors n Lincoln have collaborated on the re-leasing and sale of premises in Lincoln’s Cornhill Quarter, which is benefiting from a phased multi-million pound regeneration scheme.
JHWalter, which is based in Mint Lane, Lincoln, has leased a large unit in the Cornhill, which had been vacant for some time, to Oxfam, which is using it as a bookshop.
JHWalter associate Andrew France said: “This property is situated in a part of the city which is undergoing major improvements and which is also bringing new businesses into Lincoln. We have let the premises at a starting rent of £27,850 per annum.”
Banks Long & Co consultant Peter Banks said: “We are pleased to report that we subsequently bought the investment created, via JH Walter, for £395,000 on behalf of one of our private investors.”