About this property
Redwood Drive is located off Valley Road and Brant Road respectively, approximately three miles south of Lincoln City Centre on the Lincoln/Waddington border.
We are pleased to offer for rent this self-contained Retail/Office Unit. Based upon a busy parade of shops in the village of Waddington and within close proximity of North Hykeham and the city of Lincoln. The accommodation extends to 86.6 sq.m (932 sq. ft.) and it consists of a retail area, kitchen and toilet facilities and office/store room.
Located in a busy row of retails units on Redwood Drive in the heart of a popular residential area of Waddington. This self-contained Retails/Office unit is being offered for rent at £6,600 p/a and is an excellent opportunity for any business. The accommodation extends to 86.6 sq. meters (932 sq. ft.) and has on site parking available.
The accommodation comprises of:
Retail Area (6m x 6.5m) – Having window shop frontage, carpet flooring, radiators and archway giving access to office/store room.
Kitchen (2.3m x 3.3m) – Having range of base units, stainless steel sink and drainer unit, partly tiled walls, hatch into Office/Store Room, radiator, carpet flooring and giving access to the W.C
W.C (0.8 x 3.3m) – Having wash hand basin and W.C.
Office/Store Room (4.8m x 6.9m) – Having carpet flooring, wall mounted boiler, radiators, windows, rear door giving access into courtyard area.
All mains services are connected to the property.
EPC Rating – D
The property is available ‘To Let’ for £6600 p/a under the terms of a new Lease.
The ingoing Tenant is responsible for the Landlord’s reasonable legal costs incurred in preparing the Lease (costs to be confirmed) together with the Agent’s Referencing Fee (£100 inc VAT).
A deposit may also be payable.
Rateable Value – £5,429
In the event that a full rating liability is required, the current rates payable would be in the region of £2,600 (Rate to the pound for 2017/18 is 47.9 pence).
Prospective Tenants are likely to qualify for Small Business Rates Relief which, under the current framework, would give up to 100% exemption of rates liability. Interested parties should make their own enquiries.
VAT may be applicable.
By prior appointment through Mundys Commercial on 01522 556088.