large city centre retail unit 10 - 11 sincil street lincoln ln5 7et

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LARGE CITY CENTRE RETAIL UNIT 294 sq m (3,169 sq ft)

10 - 11 SINCIL STREET LINCOLN LN5 7ET

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GOAD PLAN



Good secondary location close to a number of national multiples including Card Factory, Waterstones, Savers, Ladbrokes, Bon Marche and Heron Frozen Foods Large unit ground floor retail unit of 294 sq m (3,169 sq ft) with first floor ancillary space of 1,487 sq ft Ability to combine with next door property to create much larger unit

LOCATION

TENURE

The property is situated in a busy secondary location close to the City Bus Station, the market area and a large surfaced NCP car park. There are a number of national multiples located close by including Card Factory, Waterstones, Savers, Ladbrokes, Bon Marche and Heron Frozen Foods.

The property is available on a new lease drawn on Full Repairing and Insuring Terms for a term of five years.

Lincoln is the administrative and major shopping centre th within the County of Lincolnshire and is ranked 4 in the East Midlands Centre Rankings behind Nottingham, Derby and Leicester.

PROPERTY A large retail unit laid out on two floors, with a full width glazed frontage to Sincil Street. There is servicing to the rear.

RENT £50,000 pax (fifty thousand pounds per annum exclusive of VAT and Business Rates).

VAT VAT will be charged in addition to the rental at the prevailing rate.

LEGAL COSTS Each party is to be responsible for their own legal costs incurred in documenting the transaction.

Please note there is potential to combine this unit with the one next door (1 Cornhill Pavements) to create a unit extending in total to approximately 445.90 sqm (4,800 sq ft) at ground floor level.

ENERGY PERFORMANCE CERTIFICATE

ACCOMMODATION

VIEWING

Having measured the property in accordance with the RICS Code of Measuring Practice (Sixth Edition) we calculate that the property has the following floor area:-

To view the premises and for any additional information please contact the sole agents.

Net Frontage: 14.32 m Internal Width: 13.74 m Shop Depth: 23.47 m Ground Floor Sales: 294.40 sq m First Floor Storage: 138.15 sq m

Contact: Tel: Email:

(47 ft) (45.1 ft) (77 ft) (3,169 sq ft) (1,487 sq ft)

An Energy Performance Certificate is attached.

James Butcher 01522 544515 [email protected] Ref: JRB/JL/SP/315/F13 (JES/D14/JES/B15)(LG/C15)

SERVICES All mains services to include gas, water, drainage and electricity are available and connected to the property.

TOWN AND COUNTRY PLANNING The property has consent for Use Class A1 (Retail) of the Town and Country Planning (Use Classes) Order 1987 as amended.

RATES Charging Authority: Description: Rateable value: UBR: Period:

Lincoln City Council Shop and Premises £43,750 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.