city centre retail unit 26-27 sincil street lincoln ln5 7et - Amazon Web ...
CITY CENTRE RETAIL UNIT 242.14 sq m (2,606 sq ft)
26-27 SINCIL STREET LINCOLN LN5 7ET
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TO LET
GOAD PLAN
(insert/photo/from file) Prominent City Centre Unit Close to the Waterside Shopping Centre, Bus Station and range of national multiples About 107.8 sq m (1,160 sq ft) of ground floor sales and 134.34 sq m (1,446 sq ft) of upper floor ancillary accommodation Available on a new flexible Contracted-out Lease
LOCATION
TENURE
The property is located within the heart of the City of Lincoln, the administrative and major shopping centre of the County of Lincolnshire. The City has a population of about 100,000, a catchment of about 300,000 and is ranked 4th in the East Midlands Experian City Centre rankings behind Nottingham, Derby and Leicester. The City has a CACI ranking of 60 with an established comparison spend of £231m and a total catchment spend of £864m.
The property is available on a new Full Repairing and Insuring lease, contracted out of the security of Tenure and Compensation provisions of the 1954 Landlord & Tenant Act. The lease will incorporate a mutual break clause after 12 months with 6 months written notice and thereafter a rolling mutual 6 monthly break clause.
The unit enjoys a prominent location on Sincil Street close to the Waterside Shopping Centre and adjacent to the Bus Station. Nearby retailers include Wilkinsons, Greenwoods, Savers Health and Beauty, WH Boyes, Co-op Foodstore and the main City Post Office and within the Waterside Shopping Centre opposite Next and H&M.
£25,000 per annum exclusive of VAT and business rates, payable quarterly in advance.
PROPERTY A City Centre retail unit laid out over three floors, providing sales and ancillary storage and staff accommodation.
ACCOMMODATION Having measured the property in accordance with the prevailing RICS Code of Measuring Practice we calculate that the property has the following floor areas and dimensions:Ground Floor Sales First Floor Storage/Ancillary Second Floor
Total:
107.80 sq m 58.90 sq m
1,160 sq ft 634 sq ft
75.44 sq m
812 sq ft
242.14 sq m
2,606 sq ft
RENT
VAT VAT will be charged in addition to the rental at the prevailing rate.
LEGAL COSTS The ingoing tenant will be responsible for the landlord’s reasonable legal costs incurred in connection with the preparation and grant of the lease.
ENERGY PERFORMANCE CERTIFICATE An Energy Performance Certificate is attached.
VIEWING To view the premises and for any additional information please contact the sole agents.
Contact:
James Butcher or Harriet Hatcher
Tel: Email:
01522 544515 [email protected] [email protected]
Ref:
JRB/EC/92/G14 (JES/D15)
SERVICES All mains services to include gas, water, drainage and electricity are available and connected to the property.
TOWN AND COUNTRY PLANNING The current use of the property falls within Class A1 (Retail) of the Town & Country Use Classes Order 1987 (as amended).
RATES Charging Authority: Description: Rateable value: UBR: Period:
City of Lincoln Council Shop and premises £21,000 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.
26-27 SINCIL STREET LINCOLN LN5 7ET
INSERT PHOTO HERE
INSERT PHOTO HERE – Please do not remove this text box. Photographs should be inserted within a text box to successfully and efficiently create a PDF of the brochure.
TO LET
GOAD PLAN
(insert/photo/from file) Prominent City Centre Unit Close to the Waterside Shopping Centre, Bus Station and range of national multiples About 107.8 sq m (1,160 sq ft) of ground floor sales and 134.34 sq m (1,446 sq ft) of upper floor ancillary accommodation Available on a new flexible Contracted-out Lease
LOCATION
TENURE
The property is located within the heart of the City of Lincoln, the administrative and major shopping centre of the County of Lincolnshire. The City has a population of about 100,000, a catchment of about 300,000 and is ranked 4th in the East Midlands Experian City Centre rankings behind Nottingham, Derby and Leicester. The City has a CACI ranking of 60 with an established comparison spend of £231m and a total catchment spend of £864m.
The property is available on a new Full Repairing and Insuring lease, contracted out of the security of Tenure and Compensation provisions of the 1954 Landlord & Tenant Act. The lease will incorporate a mutual break clause after 12 months with 6 months written notice and thereafter a rolling mutual 6 monthly break clause.
The unit enjoys a prominent location on Sincil Street close to the Waterside Shopping Centre and adjacent to the Bus Station. Nearby retailers include Wilkinsons, Greenwoods, Savers Health and Beauty, WH Boyes, Co-op Foodstore and the main City Post Office and within the Waterside Shopping Centre opposite Next and H&M.
£25,000 per annum exclusive of VAT and business rates, payable quarterly in advance.
PROPERTY A City Centre retail unit laid out over three floors, providing sales and ancillary storage and staff accommodation.
ACCOMMODATION Having measured the property in accordance with the prevailing RICS Code of Measuring Practice we calculate that the property has the following floor areas and dimensions:Ground Floor Sales First Floor Storage/Ancillary Second Floor
Total:
107.80 sq m 58.90 sq m
1,160 sq ft 634 sq ft
75.44 sq m
812 sq ft
242.14 sq m
2,606 sq ft
RENT
VAT VAT will be charged in addition to the rental at the prevailing rate.
LEGAL COSTS The ingoing tenant will be responsible for the landlord’s reasonable legal costs incurred in connection with the preparation and grant of the lease.
ENERGY PERFORMANCE CERTIFICATE An Energy Performance Certificate is attached.
VIEWING To view the premises and for any additional information please contact the sole agents.
Contact:
James Butcher or Harriet Hatcher
Tel: Email:
01522 544515 [email protected] [email protected]
Ref:
JRB/EC/92/G14 (JES/D15)
SERVICES All mains services to include gas, water, drainage and electricity are available and connected to the property.
TOWN AND COUNTRY PLANNING The current use of the property falls within Class A1 (Retail) of the Town & Country Use Classes Order 1987 (as amended).
RATES Charging Authority: Description: Rateable value: UBR: Period:
City of Lincoln Council Shop and premises £21,000 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.
