Showroom, 69 High Street, Lincoln, LN5 8AD

Location
High Street is the main retail district within Lincoln City Centre, which has recently been subject to extensive highways improvements, further enhancing the southern section of High Street. Neighbouring occupiers comprise a mixture of niche local businesses and some national retailers such as Halfords and KFC.

Description
Substantial Retail/Showroom Premises to Let - We are pleased to offer this unique opportunity for a retailer to secure prominently located showroom premises extending to 405 sq.m (4,368 sq.ft) on the southern fringe of Lincoln City Centre. The property is considered ideally suited to a variety of retail and leisure uses and has recently been refurbished to include a replacement roof. The premises are ideally suited to operators looking for showroom or supermarket-type accommodation.

Accommodation
The accommodation will provide for a large open-plan retail/showroom space together with two display frontages onto High Street. The accommodation will be self-contained to include WC facilities.

Services
Mains drainage, electricity and water will be connected.

EPC Rating - D.

Lease Terms
The property is available to Lease on a Full Repairing & Insuring Basis, for a term of years to be agreed at an annual rental of £40,000 per annum, exclusive of utility costs and business rates. The Lease terms depend upon the requirements of the ingoing occupier.

Rates
Rateable Value - £33,500

Small Business Multiplier (2023/2024) 49.9p in the £.
The property may qualify for small business rates relief.

Prospective tenants should make their own enquiries regarding Small Business Rates Relief.

VAT
VAT is not payable on the rent.

Legal Costs
The ingoing Tenant will incur a referencing fee of £120 inc VAT together with the Landlord's reasonable legal costs in association with the production of the Lease.

Viewing
By prior appointment through Mundys Commercial.