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Investor Castle Square Securities has acquired a 1.56-acre site on Chieftain Way, off Tritton Road in southwest Lincoln.
The site, which includes 12,345 sq ft of warehouse and trade counter space, was previously occupied by builders’ merchant Jewson, who vacated the property in 2023.
The leasehold was purchased with vacant possession for an undisclosed sum, marketed with a guide price of £1m.
Following the acquisition, Eddisons has arranged a short-term lease of 0.67 acres of the site to a construction firm working on Lincoln’s Western Growth Corridor.
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The agency is now set to market the remaining buildings on the site after refurbishment.
Eddisons, incorporating Banks Long & Co, acted on the company’s behalf.
Eddisons’ Will Wall, who led
link source - The Business Desk