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LET AGREED

361 High Street, Lincoln, Lincolnshire, LN5

£1,250 pcm
£15,000 pa

£26.79 per sq ft

Business rates & charges may apply

Mundys Commercial, Lincoln
SIZE AVAILABLE

560 sq ft

52 sq m

SECTOR

High street retail property to lease

USE CLASSUse class orders: A1 Shops

A1

Lease details

Lease available date:
Ask agent
Lease type:
Long term
Furnish type:
Unfurnished

Key features

  • EPC - C
  • Parking Space
  • Available under a new Lease

Description

Location
The property is located on the southern fringe of Lincoln City Centre, just a short distance from Tentercroft Street and adjacent to the St. Marks Shopping Centre, with neighbouring occupiers comprising a mixture of local and national retail/consultancy businesses. The property is also located immediately adjacent to Lincoln County Court.

Description
We are delighted to offer to let this prominently located City Centre Retail Outlet located just south of Tentercroft Street and extending internally to 52 sq.m (560 sq.ft). The property further benefits from having an internal steel roller shutter security door covering the entire frontage and prior to a new Lease completing, the Landlord will be installing a new external shop front. To the rear of the property is a private car park and one parking space is allocated to the retail unit, accessible via Portland Street.

Accommodation
Retail Area - 6.2m x 8m
With roller shutter security door and the entire shop front is to be replaced with an aluminium double glazed display window and entrance door. Internally, the property benefits from a suspended ceiling throughout the retail space.

To the rear is a kitchen and WC facility to be installed by the Landlord prior to completion.

Services
Mains drainage, electricity and water are connected.

EPC Rating - To be confirmed.

Lease Terms
The property is available to let under the terms of a new Lease for a number of years to be agreed at an annual rental of £15,000 per annum, excluding Business Rates and all other outgoings.

The Lease is to be on an Internal Repairing basis, subject to three yearly rent reviews and the ingoing Tenant will be responsible to contribute towards the Landlord's Buildings Insurance.

A deposit will be payable by the ingoing Tenant and the ingoing Tenant will also be responsible for a referencing fee (£120 inc VAT per named Tenant) and Lease preparation fee (£300 inc VAT). Further details are available on request.

Rates
Business Rates are to be reassessed.

VAT
VAT may be payable in addition to the rent.

Viewing
Via Mundys

Parking
Yes

Energy Performance Certificates

EPC 1

Brochures

361 High Street, Lincoln, Lincolnshire, LN5

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Lincoln Central Station0.2 miles
  • Hykeham Station3.1 miles

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 361highstreet. 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 Mundys Commercial, Lincoln. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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