To LetCity Centre Retail Unit

25, Guildhall Street, Lincoln, Lincolnshire, LN1 1TR

Description

Ground floor lock-up retail unit with a timber/glazed frontage to Guildhall Street and ancillary staff and storage accommodation to the rear.

LOCATION

The property is located on Guildhall Street within the heart of Lincoln city centre, close to the northern end of the prime High Street retailing pitch running southwards from The Stonebow.

Nearby national multiple retailers include Joules, Hotel Chocolat, H Samuel, Waterstones, Primark, Ann Summers, and next door well regarded local jewellers James Usher.

Lincoln is one of England’s finest Cathedral cities and the administrative and major shopping centre for the county of Lincolnshire. It has a population of circa 543,367 and an estimated total catchment spend of £984.40m.

It is also a growing University city with close to 15,000 students and academic staff based at the city’s main campus, contributing an estimated £250m to the local economy.

TOWN AND COUNTRY PLANNING

We understand that the property has an existing planning consent for uses falling within Class A1 (Retail) of the Town and Country Planning (Use Classes) Order 1987 (as amended).

The property may be suitable for alternative uses subject to planning.

The property is Grade II Listed and situated within a Conservation Area.

TENURE

The property is available To Let on a new lease for a term of years to be agreed, with the lease to be drawn on the equivalent of Full Repairing and Insuring terms.

VAT

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

LEGAL COSTS

The ingoing tenant will be responsible for the Landlord’s reasonable legal costs incurred in documenting the transaction.