Pub to rent

Silver Street, Lincoln, Lincolnshire, LN2

7,627 sq. ft. | £95,000 pa| £7,917 pcm

Property Description

Commercial information

  • 7,627 sq ft (708 sq m)
  • Use class orders: A4 Drinking Establishments

Key features

  • Prominent bar/restaurant unit - partially fitted out
  • Central location
  • On city centre leisure circuit
  • Close to a number of existing A4/A3 operators
  • Available on new lease with ingoing premium
  • Rent: 95,000 pax

Full description

The accommodation is arranged over ground and basement levels, within Thomas Parker House, a large 3-storey building also comprising 2 further ground floor units, and 2 upper floors predominantly occupied by Serco.

Access into the unit is from the entrance off Silver Street, which is visible from the High Street, with a return frontage and servicing from Bank Street.

The unit is fitted out as a bar/restaurant and these fixtures and fittings may be available by way of further negotiation.

The most recent use of the property was as a bar falling within Class A4 (Drinking Establishment) of the Town and Country Use Classes Order 1987 (as amended). Alternative uses falling within Classes A1, A2 and A3 are permitted without the need to obtain planning permission.

The property is located on Silver Street within the heart of the city centre a short walk to the east of High Street. There is a mix of leisure, retail and office uses in the immediate vicinity including Brewhaus, Moka and Shack and Gala Bingo as Silver Street forms part of the city's night time leisure circuit. The Drill Hall - one of the city's main live music venues is also located a short distance away.

Lincoln is a Cathedral city and is the administrative and shopping centre for the county of Lincolnshire. It has a resident population of circa 100,000 and a catchment within a 20-mile radius of 300,000. It is ranked 4th in the Experian East Midlands retail rankings behind Nottingham, Derby and Leicester. It is a University city - with the main campus about a mile to the south west with over 14,000 students and staff in situ, contributing an estimated 250 million into the local economy.

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 through the payment of a service charge.

The estimated service charge for the period up to year end 30th June 2017 is 7,321.

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


More information from this agent

Nearest stations

  • Lincoln Central (0.2 mi)
  • Hykeham (3.5 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

  • Lincoln Central (0.2 mi)
  • Hykeham (3.5 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 JRBM364Ystat. 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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