CITY CENTRE GROUND FLOOR UNIT 178.24 sq m (1,918 sq ft)
THOMAS PARKER HOUSE 13/14 SILVER STREET LINCOLN LN2 1DY
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TO LET
GOAD PLAN
Central location in City Centre Pay and Display car parking adjacent Available on a new lease Large open plan space ready to fit out Currently has permission for use as nightclub – considered suitable for A2 or A3 uses – subject to planning
LOCATION
TENURE
The property is located on Silver Street within the heart of the city centre a short walk to the east of High Street. There is a mix of uses in the immediate vicinity including a range of leisure and office occupiers. Silver Street is a popular location with Estate Agents with the majority of them active in the city and surrounding areas located on it.
The property is available on a new lease for a minimum term of 10 years, subject to 5-yearly upward only rent reviews. The lease will be drawn on the equivalent of Full Repairing and Insuring terms through the payment of a service charge.
RENT Lincoln is the administrative and shopping centre for the county of Lincolnshire. It has a resident population of circa 100,000 and a catchment within a 20 mile radius of th 300,000. It is ranked 4 in the Experian East Midlands retail rankings behind Nottingham, Derby and Leicester.
PROPERTY
£30,000 per annum exclusive of VAT and Business Rates.
SERVICE CHARGE Details of the estimated service charge for the year ending th 30 June 2015 is available upon request.
The accommodation is arranged over the ground floor within Thomas Parker House, a large three storey building also comprising 2 further ground floor units one of which is let to JD Wetherspoons and 2 upper floors, the majority of which recently let to Serco.
VAT VAT will be charged in addition to the rent and service charge at the prevailing rate.
The unit has been finished to a shell specification, allowing the new occupier to fit out to their own specification.
LEGAL COSTS
ACCOMMODATION
The ingoing tenant will be responsible for all legal costs incurred in documenting the transaction.
Having measured the property in accordance with the prevailing RICS Code of Measuring Practice we calculate that the property has the following floor area:-
ENERGY PERFORMANCE CERTIFICATE An Energy Performance Certificate is attached.
Total NIA:
178.24 sq m (1,918 sq ft)
VIEWING SERVICES All mains services to include gas, water, drainage and electricity are available and connected to the property.
TOWN AND COUNTRY PLANNING The unit has permission for use as a nightclub and other uses with Class D2 (Assembly & Leisure) of the Town and Country Use Classes Order 1987 (as amended). These include gyms, concert and bingo halls. In our view the accommodation would be ideal for alternative office / restaurant use.
RATES Charging Authority: Description: Rateable value: UBR: Period:
Lincoln City Council Assembly and Leisure Currently no assessment available 0.493 2015-2016
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.
To view the premises and for any additional information please contact the sole agents.
Contact: Tel: Email:
Harriet Hatcher or James Butcher 01522 544515
[email protected] [email protected] Ref:
HH/SP/M364Y/I14 (LG/C15)