CITY CENTRE RESTAURANT UNIT 183 sq m (1,972 sq ft)
47 SILVER STREET LINCOLN LN2 1EH
TO LET GOAD PLAN
Central location in City Centre Open plan restaurant and kitchen ready for fit out with attractive double frontage Available on a new lease Close to a number of national and regional occupiers including Café Nero, Toni & Guy, Joules, House of Fraser and White Stuff
LOCATION
RATES
The unit is situated close to the pedestrianised section of the High Street. Silver Street itself is a busy through road and therefore the property benefits from strong passing trade and footfall. There are a wide range of national and regional occupiers located nearby including a House of Fraser department store, Café Nero, Joules, Toni & Guy, and White Stuff.
Charging Authority: Description: Rateable value: UBR: Period:
Lincoln is a historic Cathedral City and the shopping and administrative centre for the County of Lincolnshire. It has a resident population of circa 100,000 and a catchment of 300,000. It is also a growing university city with close to 15,000 students and academic staff now based at the main campus in the city centre, contributing an estimated £250,000,000 to the local economy.
PROPERTY An end terraced ground floor and basement restaurant unit with the following floor areas.
Ground Floor Bar Restaurant Kitchen Store Subtotal
Sq m 23.38 72.21 28.44 3.42 127.45
Sq ft 252 777 306 37 1,372
City of Lincoln Council Restaurant & Premises £31,250 0.497 2016-2017
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.
TENURE The property is available by way of a new lease for a term of years to be agreed on Full Repairing and Insuring Terms.
RENT £37,500 pax (Thirty Seven Thousand Five Hundred Pounds per annum exclusive)
SERVICE CHARGE A contribution towards the upkeep of communal areas will be required. Further details are available upon request.
VAT Basement Store 1 Store 2 Store 3 Bar Customer Toilets Subtotal
10.27 9.07 7.48 28.90 55.72
110 98 81 311 600
VAT may be charged in addition to the rental at the prevailing rate.
LEGAL COSTS The ingoing tenant will be responsible for the Landlords reasonable legal costs incurred in documenting the transaction.
The property has been measured in accordance with the prevailing RICS Code of Measuring Practice.
ENERGY PERFORMANCE CERTIFICATE
SERVICES
An EPC is attached.
We understand that mains water, drainage, gas and electricity are available and connected to the property. These have not been inspected and would encourage interested parties to make their own enquiries as to the relevant service providers.
VIEWING
TOWN AND COUNTRY PLANNING The current use of the unit falls within Class A3 (Restaurants and Cafés) of the Town and Country Planning (Use Classes) Order 1987 (as amended). The property is located within a Conservation Area, but is not Listed.
To view the premises and for any additional information please contact the joint agents.
Contact: Tel: Email:
Harriet Hatcher 01522 544515
[email protected] Ref:
HH/SN/1058/B17
OR
Matthew Johnson at Lambert Smith Hampton Tel: 01522 698888