To LetPrime retail premises

Units 6 & 8, The Carlton Centre, Outer Circle Road, Lincoln, LN2 4FJ

Description

Two retail units, Unit 6 comprises ground floor sales area and Unit 8 comprises of ground floor sales/storage areas together with first floor storage area.

location

The two units are positioned in a prime location within the Carlton Centre, the largest commercial and shopping destination to the north of Lincoln City Centre, with over 10,000 people living within easy walking distance. The shopping catchment covers the whole uphill area of the City and the numerous large and affluent villages to the north and east, including Nettleham and Welton.

About 80% of the space within the retail park has now been built, with approximately 2,800 sq m (30,000 sq ft) still to be built within Phase 4.

Current occupiers within the retail park include Argos, Dunelm Mill, Halfords, Pets at Home, Poundstretcher, Boots, McDonalds, Costa and Peacocks. Other occupiers within the Neighbourhood Centre to the rear include a Lincolnshire Co-operative Post Office and Convenience Store, Norwich and Peterborough Building Society, Co-op Travelcare and Betfred.

The Carlton Centre is located approximately 2 miles to the north of Lincoln City Centre on Outer Circle Road which forms part of the City’s inner ring road.

TOWN AND COUNTRY PLANNING

The units benefit from an Open A1 (Retail) consent under the Town & Country Use Classes Order (1987) as amended.

The building is not listed and nor is it located within a Conservation Area.

TENURE

Each unit is available on a new lease for a minimum term of 10 years, subject to 5 yearly upwards only rent reviews.

The leases will be drawn on the equivalent of Full Repairing and Insuring terms subject to a two stage service charge.

Further details are available on request.

Legal costs

The ingoing tenant will be responsible for the Landlord’s reasonable legal costs incurred in the preparation and grant of the lease.