Lincoln

Large Lincoln central warehouse on sale for prime residential or commercial investment

This story is over

A former fertiliser warehouse measuring a total of 231,000 sq ft has gone up for sale in Lincoln city centre.

Due to the site being located between both a retail and residential area just outside the city centre, it has opportunities for both types of developments according to a City of Lincoln Council councillor.

The William Sinclair Horticulture warehouses on Firth Road have been empty for nearly a year and is the former home to Ruston. The site is up sale with Eddison’s estate agents.

Since the premises have been vacant, the building has suffered from fire damage in July this year.

The property currently comprises of an industrial and factory complex, last used for storage blending and packaging of horticultural products and has a rateable value of £234,000.

Councillor Neil Murray, Portfolio Holder for Planning Policy and Economic Regeneration at City of Lincoln Council, said: “This is a really important site for economic regeneration and it would be particularly good to see it used either for housing or employment.

“We need more quality, affordable homes in the city, and this is a great site for housing. It’s next to the city centre and would be a great place for students and for people that work.

“My view is we want to have some housing on there, but we would also be supportive of an appropriate business use that would provide jobs.”