city centre retail units city square centre sincil street lincoln, ln5 7et
CITY CENTRE RETAIL UNITS From 4.16 sq m (45 sq ft)
CITY SQUARE CENTRE SINCIL STREET LINCOLN, LN5 7ET
Unit 5
Unit 6
TO LET
GOAD PLAN
Centrally located retail units Part of a busy shopping centre adjacent to the bus station City Square Centre is anchored by a Co-op Foodstore, Boyes and The Post Office Flexible lease terms, ideal for new businesses Small Business Rate Relief may be available
LOCATION
RENT
Both units are situated at, or close to the entrance into the City Square Centre from Sincil Street. The scheme occupies a central location within the City centre, opposite Waterside Shopping Centre and the Cornhill/Central Market and adjacent to the City Bus Station. There is also a multi-storey car park at the Centre.
Rents are exclusive of VAT and Business Rates. Rent is payable quarterly in advance with the first quarter due on completion.
The City of Lincoln has a population of approximately 100,000, a catchment of about 300,000 and is ranked fourth in the East Midlands Experian City Centre rankings behind Nottingham, Derby & Leicester.
SERVICE CHARGE
PROPERTIES / ACCOMMODATION
VAT
Ground floor only retail premises consisting of the following:
VAT will be charged in addition to the rental, at the prevailing rate.
Unit
Sales area Sq m Sq ft
Planning Use
5
22.1
238
A1(Retail)
6
4.16
45
A1 (Retail)
Mains services to include water, drainage and electricity are available and connected to the property.
RATES
UBR: Period:
A service charge contribution is required. information is available on request.
Further
LEGAL COSTS Each party is to be responsible for their own costs.
ENERGY PERFORMANCE CERTIFICATE An Energy Performance Certificate for Unit 5 is attached.
SERVICES
Charging Authority: Description: Rateable value:
Unit 5 - £8,000 per annum exclusive. Unit 6 - £7,000 per annum exclusive.
City of Lincoln Council Shop and Premises Unit 5 - £9,400 Unit 6 - £6,000 0.493 2015 - 2016
VIEWING 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/SN/260-U5&U6/B14 (EC/B14/JES/G14) (SN/B15/JES/C15)
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. Small Business Rate Relief may be applicable, please contact Lincoln City Council for further information.
TENURE Both units are available on new leases on the equivalent of full Repairing and Insuring terms for a term of years to be agreed, guaranteeing a maximum term certain of 18 months. The flexible leases will be contracted outside the provisions of the Landlord and Tenant Act 1954. Longer lease terms without Landlord break options are not available on these units.
CITY SQUARE CENTRE SINCIL STREET LINCOLN, LN5 7ET
Unit 5
Unit 6
TO LET
GOAD PLAN
Centrally located retail units Part of a busy shopping centre adjacent to the bus station City Square Centre is anchored by a Co-op Foodstore, Boyes and The Post Office Flexible lease terms, ideal for new businesses Small Business Rate Relief may be available
LOCATION
RENT
Both units are situated at, or close to the entrance into the City Square Centre from Sincil Street. The scheme occupies a central location within the City centre, opposite Waterside Shopping Centre and the Cornhill/Central Market and adjacent to the City Bus Station. There is also a multi-storey car park at the Centre.
Rents are exclusive of VAT and Business Rates. Rent is payable quarterly in advance with the first quarter due on completion.
The City of Lincoln has a population of approximately 100,000, a catchment of about 300,000 and is ranked fourth in the East Midlands Experian City Centre rankings behind Nottingham, Derby & Leicester.
SERVICE CHARGE
PROPERTIES / ACCOMMODATION
VAT
Ground floor only retail premises consisting of the following:
VAT will be charged in addition to the rental, at the prevailing rate.
Unit
Sales area Sq m Sq ft
Planning Use
5
22.1
238
A1(Retail)
6
4.16
45
A1 (Retail)
Mains services to include water, drainage and electricity are available and connected to the property.
RATES
UBR: Period:
A service charge contribution is required. information is available on request.
Further
LEGAL COSTS Each party is to be responsible for their own costs.
ENERGY PERFORMANCE CERTIFICATE An Energy Performance Certificate for Unit 5 is attached.
SERVICES
Charging Authority: Description: Rateable value:
Unit 5 - £8,000 per annum exclusive. Unit 6 - £7,000 per annum exclusive.
City of Lincoln Council Shop and Premises Unit 5 - £9,400 Unit 6 - £6,000 0.493 2015 - 2016
VIEWING 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/SN/260-U5&U6/B14 (EC/B14/JES/G14) (SN/B15/JES/C15)
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. Small Business Rate Relief may be applicable, please contact Lincoln City Council for further information.
TENURE Both units are available on new leases on the equivalent of full Repairing and Insuring terms for a term of years to be agreed, guaranteeing a maximum term certain of 18 months. The flexible leases will be contracted outside the provisions of the Landlord and Tenant Act 1954. Longer lease terms without Landlord break options are not available on these units.
