Ground Floor Retail Unit, 5-6 High Street, Lincoln, Lincolnshire, LN5

Location
The property is prominently located along the southern stretch of High Street, close to the junction with St. Catherines roundabout, within a busy business district, with neighbouring occupiers comprising local and national retailers, together with residential properties. There is ample street parking available close-by.

Description
A substantial double-fronted retail showroom unit to let - We are pleased to offer this retail/showroom property to let, which is currently being used as a Hairdressing and Beauty Salon, but considered suitable for a variety of business uses. The accommodation is currently configured to provide for a large retail space together with offices/treatment rooms off, but could be made more open-plan if required. The floor area extends to 102 sq.m (1,090 sq.ft) and viewing is highly recommended.

Accommodation
The property is currently configured to comprise a salon/showroom with a frontage of 6.6m and a depth of 7.5m and in addition, there are two further treatment rooms off (4.3m x 5m and 4.3m x 2.6m respectively). These treatment rooms are partitioned off the main showroom area and could be opened up if a larger open-plan space is required. In addition to the rear, there is a further treatment room 3m x 2.5m and kitchen/WC facilities together with a rear storeroom, giving access to the rear of the building. The overall internal floor area extends to 102 sq.m (1,090 sq.ft).

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

EPC Rating - C

Lease Terms
The property is available to let for a term of years to be agreed, for a minimum term of three years, on an Internal Repairing Basis.

The ingoing Tenant is responsible for the Agent's referencing fee of £120 inc VAT per named person on the Lease and the Landlord's reasonable legal costs incurred in preparing the Lease.

A deposit equivalent to three months' rent will also be payable, together with a contribution towards Buildings Insurance. Further details are available on request.

Rates
Rateable Value - £10,500

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 charged.

Viewing
Viewing via Mundys Commercial.

Parking
On-street parking