To LetCity Centre Retail Premises

53-57, Clasketgate, Lincoln, Lincolnshire, LN2 1LA

Description

The property comprises a large open plan ground floor retail unit with ancillary accommodation to the rear.

The retail area has a prominent double entrance door onto Clasketgate and there is a return frontage to Danesgate, looking eastwards towards Monks Road.

The ancillary accommodation to the rear includes an office, large store room, kitchen and male/female WCs. A fire escape at the rear of the property leads onto a service yard with ample bin storage, car parking and loading/unloading space, from Danesgate.

LOCATION

The property is located on the ground floor of Danesgate House on Clasketgate, in the centre of Lincoln. Clasketgate enjoys a busy location, connecting the pedestrianised High Street to the large residential Monks Road area.

The property benefits from its proximity to a number of office staff based locally, as well as shoppers from the High Street, tourists from the nearby Cultural Quarter, students and local residents. Lincoln College’s main campus is situated just 400m away on Monks Road.

Nearby occupiers include Kaspa’s Desserts, The New Theatre Royal, Optima Design and a number of offices such as Thomas Parker House, Aquis House and Queensgate House.

SERVICES

We understand that mains services of gas, water, electricity and drainage are available and connected to the property.

These have not been tested and interested parties are advised to make their own investigations to the relevant utility service providers.

TOWN AND COUNTRY PLANNING

We understand the property has consent for uses falling within Class E (Commercial, Business & Services Use) of the Town & Country Planning Use Classes Order 1987 (amended 2020).

Following changes to the Use Classes Order that came into effect on 1st September 2020, Class E now encompasses a number of uses including A1 (Shops), A2 (Professional & Financial Services), A3 (Restaurant & Café), B1 (Business) and D2 (Assembly & Leisure).

RATES

Charging Authority:  City of Lincoln Council
Description:  Shop and Premises
Rateable value:  £26,000
UBR:  0.512
Period:  2020-2021

Multiplying the Rateable Value figure with the UBR multiplier gives the annual rates payable, excluding any transitional arrangements which may be applicable. For further information, please contact the Charging Authority.

TENURE

The property is available To Let on a new effective Full Repairing and Insuring lease for a term of years to be agreed.

SERVICE CHARGE

No service charge will be levied to the property. Any necessary works carried out to the common parts of the property will be recharged proportionately.

VAT

VAT may be charged in addition to the rent at the prevailing rate.

LEGAL COSTS

Each party is to be responsible for their own legal costs incurred in documenting the transaction.