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A: The ultimate in trust, accountability and transparency from the commencement of marketing to conclusion of a sale.

Lincoln is an attractive Cathedral city in the East Midlands and serves as the principal administrative and shopping centre in the county of Lincolnshire and is considered the largest urban area within the county.

The city is located approximately 38 miles (61 km) north each of Nottingham, 46 miles (74 km) east of Sheffield and 130 miles (209 km) north of London.

Lincoln benefits from excellent road communications with the A57 providing access to Sheffield. The A46 provides access to the A1(M), Nottingham and Leicester to the south west. The A15 provides access to Peterborough to the south and Scunthorpe to the north.

Lincoln Mainline Station provides regular services to Nottingham within 25 minutes, Sheffield within 1 hour and 10 minutes and to London Kings Cross within 1 hour and 54 minutes. Doncaster Sheffield Airport is 40 miles (64 km) to the south east and London Luton is 117 miles (188 km) to the south.

The city benefits from a thriving tourism economy drawn in by historic attractions including the city’s Cathedral and castle with approximately 4 million visitors each year. Tourism expenditure is estimated to be £215m per annum, supporting over 2,500 full time jobs.

The University of Lincoln has over 15,000 students and 1,600 staff which provides an estimated £300m to the local economy.

[Sources: www.visitlincoln.com & www.lincoln.gov.uk]

The property has been measured by BKR Floor Plans and provides the following net internal floor areas.

A set of floor plans is available to download and the measured survey report will be re-addressed to a purchaser at a cost of £425 + VAT.

Sportswift Limited (Co. No. 3493972), has reported the following figures:

It is stated in the January 2021 accounts that the decline in revenue and profit is a result of the impact of Covid-19 when the company were forced to close stores for an average of five months.

The Company is the principal trading entity within the Card Factory plc Group, the UK’s leading specialist retailer of greeting cards, dressings and gifts. The Company focuses on the value and mid-market segments of the UK’s large and resilient greeting cards market, in addition to offering a range of complementary products associated with card giving occasions. The UK card and gift market is large and highly fragmented with the greetings card sector alone estimated by industry analysts to be worth c. £1.3 billion at retail sales value.

Card Factory commenced operations in 1997 and now operates through its nationwide chain of over 1,000 stores as well as through its online offering www.cardfactory.co.uk.

A recent article published in The Times titled “The party’s not over for Card Factory” (23 May 2021) explains how the company has been affected by the impact of Covid but, having been profitable since 2014, offering a personalised card service on their website as of 2020 and having sales in Aldi and Matalan stores, the outlook is optimistic for the company and a recommended buy share.

Thoughtmix Online Services Limited (Co. No. 09395247), was established in 2015 and has grown to a team of 20 partner specialists with offices in the United Kingdom and the USA, servicing clients across Europe, Australia, Asia and Africa.

The company guides clients through complex strategies to create or improve revenue via digital means. This includes affiliate management, advertiser and influencer partnerships.

Some of their clients include, Card Factory, Allianz, National Geographic, Cancer Research and Hello Fresh.

The 2021 accounts show net assets on the balance sheet in the sum of £589,554.

The tenant has also paid a rent deposit of £7,500 to the vendor and this will be passed on to a purchaser.

1. An opportunity to acquire a multi let retail and office property in a Cathedral City;

2. The property is situated within a prime retailing pitch;

3. New letting in April 2022 demonstrating the strength of this location;

4. Rent deposit held by the vendor to be passed onto the purchaser;

5. Future repositioning potential on the upper parts, subject to planning;

6. VAT is not applicable on the purchase price;

7. A purchase at the asking price reflects an attractive yield profile;

8. Attractive lot size to an investor.