Prominent corner offices 572 sq m (6,157 sq ft) Excellent central position
158 HIGH STREET, LINCOLN, LN5 7AA
Ample car parking available
F orming part of St Mark’s Shopping Centre TO LET
LOCATION
RATES
The offices are located fronting High Street in a highly prominent and accessible position in the St Mark’s Shopping Centre. The property benefits from a high level of passing footfall being above a Tesco Express Store.
Charging Authority: City of Lincoln Council Description: Offices Rateable value: TBC UBR: 0.479 Period: 2017-2018
This position provides quick access to Lincoln City Centre and its associated amenities.
Multiplying the Rateable Value figure with the UBR multiplier gives the annual rates payable, excluding any transitional arrangements which may be applicable. For further information, please contact the Charging Authority.
PROPERTY The property comprises shell finished first floor premises that are to be refurbished to provide open plan offices together with associated staff/WC amenities. The accommodation will be accessed via stair and lift up from the busy St Marks Street. The finishes will include carpeted floors, painted plastered walls, suspended ceilings with inset lighting, and air conditioning. The property will benefit from ample allocated car spaces.
TENURE The premises are available by way of a new effectively Full Repairing and Insuring lease for a term of years to be agreed, incorporating 5 yearly upward only rent reviews.
RENT £65,000 per annum exclusive.
EPC Rating: C64
SERVICE CHARGE
ACCOMMODATION
A service charge may be levied to cover the upkeep, maintenance and repair of all common parts of St Mark’s Shopping Centre. Buildings insurance will be charged in addition.
Measured on a gross internal basis in accordance with the prevailing RICS property measurement guidance, we calculate the property has the following floor area: Total GIA:
572 sq m
(6,157 sq ft)
The total Net Internal Area will be calculated upon completion.
SERVICES All mains services to include gas, water, drainage and electricity are to be made available and connected to the property.
VAT VAT may be charged in addition to the sale price/ rental at the prevailing rate.
LEGAL COSTS The ingoing lessee is to be responsible for all legal costs incurred in documenting the transaction.
TOWN AND COUNTRY PLANNING We understand that the property has planning consent for uses falling within Class B1 (Offices) of the Town and Country Planning (Use Classes) Order 1987.
The Money Laundering Regulations 2007 require estate agents and solicitors to formally identify parties to a transaction. Interested parties will therefore be required to provide proof of identity and address, normally a photocard driving licence or passport and recent utility bill. BANKS LONG & CO for themselves and for the vendors or lessors of this property whose agets they give notice that (i) the particulars are set out as a general outline only for the guidance of intending purchasers or lessers and do not consitute part of an offer or contract (ii) all descriptions, dimensions, references to condition and necessary permissions for use and occupation and other details are given in good faith and are believed to be correct but any intending purchasers or tenants should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of each of them (iii) no person in the employment of BANKS LONG & CO has any authority to make or give any representation or warranty whatever in relation to this property.
VIEWING: To view the premises
and for any additional information please contact the sole agents.
Contact: William Wall T : 01522 544515 E :
[email protected] Ref. 2857/2016