city centre retail unit 5 cornhill pavements lincoln ln5 7he
CITY CENTRE RETAIL UNIT 148.00 sq m (1,593 sq ft)
5 CORNHILL PAVEMENTS LINCOLN LN5 7HE
TO LET
GOAD PLAN
Strong retailing pitch close to Waterstones, W H Smith, Thomas Cook, Game, Lush, Card Factory, Savers and Bright House Prominent location in City Centre close to the Bus Station Total sales 104 sq m (1,118 sq ft) plus upper floor ancillary areas Available on a new lease
LOCATION
RATES
The property is located in a prominent location on Cornhill Pavements in Lincoln city centre on what is a strong retailing pitch. Nearby retailers include Waterstones, W H Smith, Game, McDonald’s, Lush, Thorntons, Thomas Cook and a variety of banks including Halifax and Santander.
Charging Authority: Description: Rateable value: UBR: Period:
Lincoln is the shopping and administrative centre for the county of Lincolnshire. It has a resident population of circa 100,000 with a catchment within a 20 mile radius of th 300,000. Lincoln is ranked 4 in the Experian East Midlands Retail Rankings behind Nottingham, Leicester and Derby.
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 premises are available on a new lease for a term of five years or multiples thereof, subject to five yearly rent reviews on effectively Full Repairing with Insuring Terms through the payment of a service charge.
A ground floor retail unit with a full height/width glazed frontage to Cornhill Pavements together with upper floor storage and staff accommodation.
Lincoln City Council Shop and Premises £43,000 0.493 2015-2016
TENURE
RENT ACCOMMODATION £45,000 per annum exclusive Ground Floor Sales First Floor storage/staff
104 sq m
1,118 sq ft
44 sq m
478 sq ft
Shop depth
22m
72 ft 1 in
Internal width
5.2m
17 ft 1 in
SERVICES
VAT VAT will be charged in addition to the rental at the prevailing rate.
LEGAL COSTS The ingoing tenant is to be responsible for all legal costs incurred in documenting the transaction.
All mains services including gas, water, drainage and electricity are available and connected to the property.
ENERGY PERFORMANCE CERTIFICATE
TOWN AND COUNTRY PLANNING
An Energy Performance Certificate is attached.
The existing and long established use of the property falls within Class A1 (Retail) of the Town and Country Use Classes Order 1987 (as amended), but it may also be suitable for alternative uses falling within Class A2 (Financial & Professional Services) and A3 (Restaurants & Cafes), subject to the receipt of planning permission.
VIEWING To view the premises and for any additional information please contact the sole agents.
Contact: Tel: Email:
James Butcher 01522 544515 [email protected]
Ref:
JRB/SJ/SMH/314-5/D13 (JES/D14/C15)
5 CORNHILL PAVEMENTS LINCOLN LN5 7HE
TO LET
GOAD PLAN
Strong retailing pitch close to Waterstones, W H Smith, Thomas Cook, Game, Lush, Card Factory, Savers and Bright House Prominent location in City Centre close to the Bus Station Total sales 104 sq m (1,118 sq ft) plus upper floor ancillary areas Available on a new lease
LOCATION
RATES
The property is located in a prominent location on Cornhill Pavements in Lincoln city centre on what is a strong retailing pitch. Nearby retailers include Waterstones, W H Smith, Game, McDonald’s, Lush, Thorntons, Thomas Cook and a variety of banks including Halifax and Santander.
Charging Authority: Description: Rateable value: UBR: Period:
Lincoln is the shopping and administrative centre for the county of Lincolnshire. It has a resident population of circa 100,000 with a catchment within a 20 mile radius of th 300,000. Lincoln is ranked 4 in the Experian East Midlands Retail Rankings behind Nottingham, Leicester and Derby.
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 premises are available on a new lease for a term of five years or multiples thereof, subject to five yearly rent reviews on effectively Full Repairing with Insuring Terms through the payment of a service charge.
A ground floor retail unit with a full height/width glazed frontage to Cornhill Pavements together with upper floor storage and staff accommodation.
Lincoln City Council Shop and Premises £43,000 0.493 2015-2016
TENURE
RENT ACCOMMODATION £45,000 per annum exclusive Ground Floor Sales First Floor storage/staff
104 sq m
1,118 sq ft
44 sq m
478 sq ft
Shop depth
22m
72 ft 1 in
Internal width
5.2m
17 ft 1 in
SERVICES
VAT VAT will be charged in addition to the rental at the prevailing rate.
LEGAL COSTS The ingoing tenant is to be responsible for all legal costs incurred in documenting the transaction.
All mains services including gas, water, drainage and electricity are available and connected to the property.
ENERGY PERFORMANCE CERTIFICATE
TOWN AND COUNTRY PLANNING
An Energy Performance Certificate is attached.
The existing and long established use of the property falls within Class A1 (Retail) of the Town and Country Use Classes Order 1987 (as amended), but it may also be suitable for alternative uses falling within Class A2 (Financial & Professional Services) and A3 (Restaurants & Cafes), subject to the receipt of planning permission.
VIEWING To view the premises and for any additional information please contact the sole agents.
Contact: Tel: Email:
James Butcher 01522 544515 [email protected]
Ref:
JRB/SJ/SMH/314-5/D13 (JES/D14/C15)
