To LetPROMINENT RETAIL UNIT

25, Outer Circle Road, Lincoln, Lincolnshire, LN2 4QD

Description

A single storey modern retail unit, providing 99.33 sq m (1,069 sq ft) retail area.

location

The property is situated opposite The Carlton Centre, the largest commercial and shopping destination to the north of Lincoln City Centre, with over 10,000 living within walking distance.

The shopping catchment covers the whole uphill area of the city and a number of large affluent villages to the north and east, including Nettleham and Welton.

Lincoln is the administrative and major shopping centre within the county of Lincolnshire and is rated 4th in the East Midlands Experian Centre Rankings behind Nottingham, Derby and Leicester. It has a population circa 100,000 and a catchment of 300,000. The City Centre has a CACI retail ranking of 60 and an established comparison spend of £231m, with a total catchment spend of £864m.

TOWN AND COUNTRY PLANNING

The property has consent for A1 (Retail) consent under the Town and Country Planning (Use Classes) Order 1987 (as amended).

The property is not Listed nor is it located within a Conservation Area.

TENURE

The property is available by way of a new lease for a multiple of three years on Full Repairing and Insuring terms.

SERVICE CHARGE

A contribution towards the upkeep of communal areas will be required. Further details are available upon request.

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

LEGAL COSTS

The ingoing tenant is to be responsible for the Landlord’s reasonable costs incurred in the preparation and grant of a new lease.