Retail Unit To Let, 27 Mint Street, Lincoln, LN1 1U B

Location
Mint Street runs between Newland & High Street on the western fringe of the City Centre, within walking distance of a full range of City Centre facilities.

Lincoln is the administrative centre and the largest city within Lincolnshire, having a population of circa. 130,000 residents and a wider catchment population of circa. 600,000. Lincoln also benefits from its ever-growing University.

Description
Prominent Double-Fronted City Centre Retail Premises - This single-storey double-fronted retail unit fronts directly onto Mint Street, on the western-fringe of Lincoln City Centre and its principally open-plan internally having retail space, together with staff kitchen and WC facilities which extend, in total, to 42 sq.m (454 sq.ft). The property is considered suitable for a variety of business uses and viewing is highly recommended.

Services
Mains water, electricity and drainage are connected to the property. Heating and cooling is provided by an air-conditioning unit. Hot water is provided by an electric immersion heater.

EPC Rating - B(44)

Lease Terms
The property is available to let for a term of years to be agreed on a new Full Repairing & Insuring Lease. The rent is £9,000 per annum (£750 pcm) exclusive of VAT, which is chargeable in addition to the rent. A deposit will also be payable.

Rates
Rateable Value - £8,700

The ingoing Tenant is likely to be eligible for Small Business Rates Relief, resulting in a total exemption of Business Rates liability. Further details are available on request.

In the event of a full rates liability being necessary, the rates payable for 2026/2027 would be £3,323.40 (Retail, Hospitality and Leisure Businesses 38.2p).

VAT
VAT is not payable on the rent charged.

Legal Costs
The ingoing Tenant is responsible for a referencing fee of £150 inc VAT, together with the costs associated with preparing Lease documentation. Further details are available on request.

Viewing
Via Mundys Commercial

NOTE
Some of the photographs contained within our advertising have been digitally enhanced and are for illustration purposes only.