About this property
The property is prominently positioned, being located centrally along Silver Street, which is particularly popular with Estate Agents, Solicitors and other professional services providers, together with a range of leisure operators.
The Cathedral City of Lincoln is the major administrative and shopping centre within Lincolnshire having a resident population in the region of 95,000.
This is a rare opportunity to acquire a substantial, prominently located ground floor retail/showroom which is suitable for office or retail use. The unit will be ready for occupation mid March 2019 and will extend to approx. 69 sq.m (747 sq.ft) In addition, there is a back Office, Kitchen & WC Facilities. Additional Office, Basement and Storage Spaces are available.
Mains electricity, water, drainage and gas are all connected to the property. A gas fired central heating system is installed serving radiators throughout and the ground floor office space also has the benefit of independent air-conditioning units.
EPC Rating – E.
The property is available ‘To Let’ under the terms of a new Full Repairing & Insuring Lease for a term of years to be agreed, subject to three yearly Rent Reviews at an initial rent of £15,000 per annum, exclusive of Business Rates and all other outgoings.
The ingoing Tenant is responsible for the Estate Agent’s Referencing Fee, together with the Landlord’s reasonable legal fees for producing the Lease.
To be confirmed.
VAT may be applicable in addition to the rental levels as set out above.
The Town & Country Planning
We are advised by the Local Planning Authority that the property has consent for uses falling within Class A2 (Professional Services) of The Town & Country (Uses Classes) Order 1987. The property is deemed appropriate for a range of office, retail and leisure uses, subject to receipt of the necessary Planning Permissions that may be required.