Centurion Finance has added to its property portfolio with the purchase of a prominent building in the centre of Lincoln’s retail district..
The commercial property investment company has bought 316-318 High Street, a three-storey, modern, glass-fronted building which also fronts on to Cornhill. The building is currently occupied by Barclays Bank.
Langleys Solicitors in Lincoln acted on the deal for Mike Wroblewski, owner of Centurion Finance. Sarah Miles and Peter Horner, partners in commercial property at Langleys Solicitors, oversaw the purchase.
Mike said: “This is very much a trophy investment for us given the property’s prime location in the centre of Lincoln. Not only that, Lincoln is very much a city on the up because of the popularity of its two universities and the success of companies like Siemens.”
He added: “Sarah and Peter were very good at getting the deal done – they had to act quickly within the time requirement set by the vendor.”
Sarah Miles said: “The Barclays Bank building is in the centre of Lincoln’s retail area and represents a significant and long-term investment – we are pleased to have supported Centurion Finance on finalising its acquisition.”