Retail Property (high street) to rent

The Lindsey Centre, Market Place, Gainsborough, Lincolnshire, DN21

£14,583 pcm
41,271 sq. ft.

Property Description

Commercial information

  • 41,271 sq ft (3,834 sq m)
  • Use class orders: A1 Shops

Key features

  • Prominent location on Market Place
  • Car park to the rear
  • Available on a new lease

Full description

A substantial retail unit laid out over multiple levels, with a frontage to both the Market Place and Beaumont Street. There is a dedicated service area to the side accessed from Heaton Street. The improved pedestrian link from Marshall's Yard and new Lidl car park will be available later this year. There is the potential to increase the size of the ground floor trading area through incorporating another unit on the Market Place.

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

LOCATION
The unit is located within The Lindsey Centre, at the heart of the market town of Gainsborough. The unit has a frontage to Market Place and a return frontage to the new Lidl store (currently under construction) and car park, which will form part of a new improved pedestrian link between the award winning Marshall's Yard retail scheme and the Market Place. Tenants on Marshall's Yard include Next, M&S Simply Food, Laura Ashley, Costa, Poundland, Browns Department Store, Prezzo, Mountain Warehouse and Halfords. Other nearby retailers include Boots, Superdrug, W H Smith, Peacocks and Poundstretcher. Travelodge are proposing to open close by on Lord Street.
Gainsborough is an historic market town that has seen considerable inward investment in recent years, and is situated about 15 miles north west of Lincoln and about 10 miles south of Scunthorpe.

TENURE
The property is available on a new lease for a minimum term of 10 years, subject to 5 yearly upward only rent reviews. The lease will be drawn on the equivalent of Full Repairing and Insuring terms by way of a service charge.

RENT
For the existing unit the rent will be 175,000 per annum exclusive of business rates and service charge. Further information on the rent for the attached unit is available on request.

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

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


More information from this agent

Nearest stations

  • Gainsborough Central (0.3 mi)
  • Gainsborough Lea Road (1.0 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Banks Long & Co Ltd, Lincoln

26 Westgate Lincoln LN1 3BD

01522 418033 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Gainsborough Central (0.3 mi)
  • Gainsborough Lea Road (1.0 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Banks Long & Co Ltd, Lincoln

26 Westgate Lincoln LN1 3BD

01522 418033 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

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Property reference JRB30U5. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Banks Long & Co Ltd, Lincoln.

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