Lincolnshire County Council has put three of its Avenue properties in Lincoln back on the market after deals to sell them did not proceed as planned. Councillors are also considering how else the properties could be utilised, including as managed office space.
The buildings, located at 9/11, 13, and 15/17 The Avenue, were initially put up for sale in December 2022 for a total of £1.6 million. Despite receiving offers, the council has decided to put them back on the market.
Councillor Richard Butroid, the Property Portfolio Holder for Lincolnshire County Council, shed light on the situation. He said: “We’ve had a couple of offers that have been accepted, but as we’ve worked through the process, the agreement hasn’t gone through really.
“So we’ve decided to take the step just to put them back on the market and see what happens.” It was previously suggested that the properties could be repurposed into student accommodation, however, they would have had to go before the City of Lincoln Council’s planning committee.
The buildings, which cover a total floor area of 15,780 sq ft, were most recently used as offices by the council. They are Victorian-aged, built around the 1890s-1900s, and are made of solid brick with a pitched slate roof. The properties were listed as follows:
- Lot 1: 9/11 The Avenue, 6,049 sq ft floor space, £575,000
- Lot 2: 13 The Avenue, 3,208 sq ft floor space, £425,000
- Lot 3: 15/17 The Avenue, 6,523 sq ft floor space, £600,000
According to estate agents Lambert, Smith and Hampton, the buildings would suit a “variety of alternative uses” and are “prominently situated adjacent to a popular city centre thoroughfare.”
Cllr Butroid also mentioned that the council is internally considering other options for the buildings, such as managed office space or partnering with other organisations for different uses. He added: “It’s early days yet; there have been a number of viewings since they went back on the market.”
When asked about the timeline for the sale, Cllr Butroid stated: “We’re probably looking at six to eight months before we will go through with the sale anyway. We’re talking to three or four interested parties, and we’ll wait to see what comes from that.”
The council is also working on a broader property strategy. “We’re currently working through our rationalisation of the Lincoln buildings.
“There will be one, maybe two more that will come onto the market, as we potentially renovate buildings on this campus and move people back onto the central campus,” Cllr Butroid revealed.
This move is part of the council’s Smarter Working strategy, which aims to attract talent from all over the country by offering flexible working arrangements. Most staff members now work in the office only two to three days a week.