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Office to rent

High Street, Lincoln, Lincolnshire

£15,750 pa
1,542 sq. ft.

Property Description

Commercial information

  • 1,542 sq ft (143 sq m)
  • Use class orders: B1 Business

Letting information:

Furnishing: Unfurnished

Full description

Self contained office unit forming part of new mixed use development - Prominently situated on the High Street - Approximately 1,542 sq ft - Suitable for a variety of alternative uses (subject to planning) - Completion of development scheduled for Q3 2017

Location - Lincoln is a cathedral city and the county town of Lincolnshire with an urban population of 130,200 (2011 Census).

The subject property is situated on the western side of the High Street (B1262) at its junction with Tealby Street, approximately 125m to the north of its roundabout junction with South Park / St Catherines (A15). Neighbouring uses include a range of local retail, office and motor trade occupiers as well as high density residential.

Description - The premises will comprise a new self-contained ground floor unit forming part of a mixed use development fronting the High Street. Completion of construction is scheduled for Q3 2017.

Accommodation - Approximately 1,542 sq ft (143 sq m). Please note that the floor area has been calculated using measurements taken off plan.

Services - We understand that all mains services will be connected to the unit.

Planning - We understand that the premises have planning consent for office use within Class B1 of the Town and Country Planning (Use Classes) Order 1987 (as amended). The premises would however suit a variety of alternative uses. Interested parties are advised to contact City of Lincoln Council Planning Department on 01522 881188 to establish the likelihood of obtaining planning consent, where required, for a change of use.

Rateable Value - To be assessed upon completion of the development.

Terms - Virtual freehold interest available to purchase or to let upon a new effective full repairing and insuring lease for a term to be agreed.

Guide Price - Guide price - £195,0000

Guide rent - £15,750 per annum exclusive

Vat - We understand that VAT will be applicable to the sale price / rent.

Energy Performance Asset Rating - To be assessed upon completion of the development.

Legal Costs - Each party is to be responsible for their own legal costs.

Agent - For further information or to arrange a viewing please contact sole agents JHWalter LLP.

Andrew France BSc (Hons) MRICS
01522 504319 / 07795 657792 / andrewfrance@jhwalter.co.uk

John Elliott BSc (Hons) MRICS ACIArb MNAVA
01522 504304 / johnelliott@jhwalter.co.uk

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