Commercial Property to rent

Portland Street/Charles Street, Lincoln, LN5

0.55 ac. | £50,000 pa| £4,167 pcm

Property Description

Commercial information

  • 0.55 acres (0.22 hectares)

Key features

  • Retail Commercial or Residential Development Potential
  • Leasehold
  • Site Area 0.558 acre (0.225 ha)
  • Design and Build Option
  • Busy Road Frontage
  • Prominent Location
  • EPC Exempt

Full description

An excellent opportunity to lease retail/commercial space or to acquire this existing development site on a joint venture basis which has great potential for residential or commercial development on a site area of 0.558 acre (0.225 ha). Alternatively the site can be leased subject to development for potential retail/commercial uses on a design and build basis with the landlord.


LOCATION 
The property is located on the corner of Portland Street and Charles Street in the centre of Lincoln.

DESCRIPTION 
The property comprises a prominent position onto the main arterial road coming into Lincoln on Broadgate and going over onto Pelham Bridge opposite Jacksons buildign Centre in an area suitable for retail and commercial uses or even residential. A freehold or leasehold pack is available. The site area is 0.558 acres (0.225 ha).

PRICE 
The owner would consider a sale however would more than likely agree a lease and design and build package on negotiable terms. There is a joint venture possibility.

EPC 
The owner is looking to sell/lease as a redevelopment so EPC is not required.

SERVICES 
Mains electricity, water, drainage and gas are connected to the property; however all prospective purchasers are advised to check upon the adequacy of these supplies for their own purposes.

VAT 
VAT may be charged in addition to the purchase price/rent at the prevailing rate.

OS PLAN 

LAYOUT 

LEASE INFORMATION 
Linhill are Software developers. Tenancy commenced 1st December 2000. They are now holding over. Rent £10,500 per annum monthly in advance. We think they will be covered by 1954 Act. Linhill have 3 car parking spaces.

SKETCH OPTION 1 

SKETCH OPTION 2 

SKETCH OPTION 3 

SKETCH 1 

SKETCH 2 

SKETCH 3 

3D SKETCH 

ACCOMMODATION SCHEDULE 

VIEWING 
Viewing is strictly by appointment with the sole agents: Tel: 01522 536777 Contact: Jamie Thorpe - jthorpe@pygott-crone.com Rob Waterhouse - rwaterhouse@pygott-crone.com William Downing – wdowning@pygott-crone.com

More information from this agent

Nearest stations

  • Lincoln Central (0.2 mi)
  • Hykeham (3.3 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Pygott & Crone, Lincoln - Commercial

36A Silver Street, Lincoln, LN2 1EW

01522 418156 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 (0.2 mi)
  • Hykeham (3.3 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Pygott & Crone, Lincoln - Commercial

36A Silver Street, Lincoln, LN2 1EW

01522 418156 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 LNC140083_L. 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 Pygott & Crone, Lincoln - Commercial.

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