About this property
High Street is the main retail street within Lincoln City Centre which has recently been subject to extensive Highways improvements, which has further enhanced the southern section of High Street.
For satellite navigation purposes, please use the postcode LN5 8HX.
PROMINENTLY LOCATED RETAIL PREMISES TO LET – This well-presented Self-Contained Retail Unit is prominently located fronting onto High Street, close to its Junction with Dixon Street, on the southern outskirts of the City Centre within a busy Commercial District. Neighbouring occupiers include a mixture of niche/local businesses, together with larger High Street names including KFC and Halfords. The property is considered suitable for a variety of uses and is open-plan, together with a modern Kitchen & WC Facility to the rear.
The property comprises a Self-Contained Ground Floor Retail/Office Unit, which is open-plan providing 29.80 sq.m (361 sq.ft) of workspace together with ancillary Kitchen & Toilet Facilities to the rear.
Main Showroom Area – 5.82m x 5.12m
With large display window and side entrance door.
Kitchen and WC area located to the rear.
Mains drainage, electricity and water are connected to the property.
EPC Energy Rating – E
The property is available to let under the terms of a new Lease for a number of years to be agreed at an annual rental of £6,000 (£500 pcm). The rent is exclusive of utility costs and Business Rates.
A deposit will also be payable.
Rateable Value: £3,400
In the event that a full rating liability is required, the current rates payable would be approximately £1,700 per annum (Rate to the pound for 2019/20 is 50.4 pence).
Prospective occupiers are likely to qualify for Small Business Rates Relief which, under the current framework, would give up to 100% exemption of rates liability, but interested parties should make their own enquiries.
VAT is not payable.
The ingoing Tenant is responsible for a referencing fee (£100 inc VAT per person named on the Lease), together with the Landlord’s legal fees for the production of the Lease (£300 inc VAT).
Two hour free parking is available close-by.
Via Mundys Commercial.