Freeholds holding their own in Lincoln commercial market

The commercial freehold market in Lincoln is holding its own due to the resilience of local SMEs and a limited supply of available stock.

That’s the view of Eddisons incorporating Banks Long & Co whose industrial agency has just confirmed that a manufacturer, supplier & retailer of e-liquid vaping products has acquired Jarvis House, Sadler Way, Lincoln.

The 22,905 sq ft Jarvis House workshop with offices, on a 3.75 acre site, was offered either to let or for freehold sale through Eddisons.

William Wall, Director, Eddisons, was the lead agent in the sale of Jarvis House on behalf of his client. Announcing the completion of the sale, he said, “There is a squeezed supply of freeholds in this part of the East Midlands.

“This means that our clients can remain confident in achieving local agents’ quoting prices where the acquiring business is as robust and focused as the new occupier of Jarvis House.”