Unit 7, The Old Pumping Station, Great Northern Terrace, Lincoln, LN5 8HN

Location
The Old Pumping Station building is located on Great Northern Terrace on the eastern fringe of Lincoln City Centre, close to the Lincoln Transport Hub. This area is a popular and established business district and now has excellent communication links to the City Centre, via the East/- West Tentercroft Street link road

Description Retail/Office Premises To Let
We are delighted to offer to let this recently refurbished suite, trading until recently as a high quality hairdressing salon, but considered suitable for a variety of business uses, having open-plan accommodation at ground and first floor level, finished to a contemporary specification with bi-folding doors at both levels, with the first floor opening onto a patio area with fire escape stairs off and impressive cityscape views towards Lincoln Cathedral. The internal floor area extends to 93.6 sq.m (1,007 sq.ft) and the accommodation is self-contained, having separate access from the main building and its own kitchen and WC facilities. There is also ample parking on site within The Old Pumping Station grounds.

Accommodation
At ground floor level, there is an open-plan salon/workspace, having a maximum width of 6.3 metres and a depth of 9.5 metres, having an entrance doorway and feature bi-folding doors opening onto a gravelled area. Internally, the style of the accommodation is very much industrial with exposed brick and steelwork. The open-plan staircase gives access to the first floor accommodation, having a width of 5.5 metres and a depth of 6.4 metres, flooded with natural light via a glazed roof lantern and with bi-folding doors onto a balcony with fire escape staircase and having a kitchen/storeroom off, all as shown on the floor plan below.

Services
Mains electricity, water and drainage are connected. The accommodation has its own individual kitchen and WC facilities. Heating and cooling is provided via air-conditioning units.

EPC Rating - To be confirmed.

Lease Terms
The accommodation is available to let under the terms of a new Full Repairing Lease for a minimum term of three years.

Rates
Rateable Value - £9,100

Small Business Multiplier (2024/2025) 49.9p in the £.
The property may qualify for small business rates relief.

It may be possible to obtain Small Business Rates Relief, depending on individual circumstances.

VAT
VAT is payable in addition to the rent.

Legal Costs
The ingoing Tenant will be responsible for a referencing fee of £150 inc VAT, a deposit equivalent to three months' rent payable at the start of the tenancy and a Lease preparation fee of £480 inc VAT.

Viewing
Via prior appointment with Mundys Commercial.

Parking
Yes