To Let - Under OfferGround floor retail unit with upper floor storage/flat

137-141, Burton Road, Lincoln, Lincolnshire, LN1 3LN

Description

The property comprises an open plan retail unit on the ground floor with storage rooms, an office and WC facilities to the rear.

Laid out over the first floor is a large self-contained flat with access from the rear that would be suitable for either commercial or continued residential use.

The property also benefits from a reasonably sized garden to the rear.

LOCATION

The property is located on the busy and popular Burton Road, north of Lincoln city centre and a short walk from the world famous Cathedral and Medieval Castle.

The shops on Burton Road serve a large nearby residential catchment.

The unit is situated on the eastern side of Burton Road easily accessible from the city centre and the A46 Bypass. There is on-street parking directly outside the property.

Lincoln is one of Britain’s finest Cathedral cities and is the administrative and major shopping centre within Lincolnshire. It is ranked 4th in the East Midlands Experian Centre ratings behind Leicester, Nottingham and Derby. Lincoln has a total catchment population of 543,367 and a total catchment spend of £985m.

TOWN AND COUNTRY PLANNING

We understand that the property has consent for uses falling within Class A1 (Shops) and C3 (Dwellinghouses) of the Town and Country Planning (Use Classes) Order 1987 (as amended).

Alternative uses may be appropriate subject to receipt of necessary Planning Consent.

TENURE

The property is available To Let by way of the assignment of two Full Repairing and Insuring leases expiring on the 5th February 2022.

Alternatively, a new lease(s)may be available, subject to a separate negotiaton with the Landlord.

VAT

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

LEGAL COSTS

The ingoing tenant will be responsible for the Landlord’s and outgoing tenants reasonable legal costs incurred in connection with the assignment of the lease.