Office to rent

Newton House, 38 Grantham Street, Lincoln, Lincolnshire

427 sq. ft. | £5,000 pa| £417 pcm

Property Description

Commercial information

  • 427 sq ft (39 sq m)
  • Use class orders: B1 Business

Letting information:

Furnishing: Unfurnished

Full description

Office suite to let - 427 sq ft - First floor suite with kitchen & WC facility - Situated jus off the High Street - Immediate occupation available - Potential for alternative uses (subject to planning consent)

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 northern side of Grantham Street, approximately 50 metres to the east of its pedestrian junction with the High Street and 75 metres to the west of its junction with Flaxengate, within the heart of Lincoln City Centre. Nearby occupiers include Tesco Express, Carluccios and Caffe Nero.

Description - The premises comprise a first floor office suite incorporating a kitchen and WC facility. Specification includes perimeter trunking with Cat 5 data cabling from server cabinet, wall mounted electric convector heaters, strip fluorescent lighting, double glazed windows, door entry intercom system and carpeting throughout.

Accommodation - Measured on a net internal area (NIA) basis the premises provide the following accommodation:

Office 401 sq ft (37.2 sq m)
Kitchen 26 sq ft (2.4 sq m)
WC (not measured)
Total NIA 427 sq ft (39.6 sq m)

Planning - We understand that the premises currently benefit from planning consent for use as an office within Class B1 of the Town and Country Planning (Use Classes) Order 1987 (as amended). The property would however suit a variety of alternative uses subject to gaining the necessary planning and landlord consents. Interested parties should make any planning enquiries to City of Lincoln Council Planning Department on 01522 881188.

Services - Mains electricity, water and drainage are connected to the property.

Terms - The premises are available to let by way of an assignment of an existing internal repairing and insuring lease for a term of 3 years from 23 March 2015 (approximately 13/4 years unexpired) at a current rent of £5,000 per annum exclusive. The lease provides for payment of a £300 per annum service charge by the tenant for servicing and upkeep of common parts. The tenant is also responsible for paying one third of the water rates for the building. A copy of the lease is available to interested parties upon request.

Business Rates - Rateable Value (2010 List): £3,350
Business Rate Multiplier (2016/17): 49.7p in the £
Small Business Multiplier (2016/17): 48.4p in the £

Interested parties are advised to contact City of Lincoln Council on 01522 873342 to verify the above and to enquire about their eligibility for small business rate relief.

Vat - We understand that VAT will not be applicable to the rent.

Energy Performance Asset Rating - The assignor has appointed an energy assessor to provide an energy performance certificate which will be available upon request in due course.

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

You may download, store and use the material for your own personal use and research. You may not republish, retransmit, redistribute or otherwise make the material available to any party or make the same available on any website, online service or bulletin board of your own or of any other party or make the same available in hard copy or in any other media without the website owner's express prior written consent. The website owner's copyright must remain on all reproductions of material taken from this website.


More information from this agent

Nearest stations

  • Lincoln Central (0.4 mi)
  • Hykeham (3.5 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

JHWalter, Lincoln

1 Mint Lane, Lincoln, LN1 1UD

03339 873646 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

  • Lincoln Central (0.4 mi)
  • Hykeham (3.5 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

JHWalter, Lincoln

1 Mint Lane, Lincoln, LN1 1UD

03339 873646 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.

Disclaimer - Administration fees may apply when renting a property in England, Wales or Northern Ireland. For more details, please contact the agent.

Property reference 26384194. 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 JHWalter, Lincoln.

Please refer to our Renting Guides for further information on how to safely rent a property.

Map data OpenStreetMap contributors.