The property is to be comprehensively redeveloped to provide striking HQ style offices with feature reception at ground floor and a mixture of open plan and private offices plus staff and WC facilities over first and second floor levels.
There will be lift and stair access between the floors.
It can be let as a whole or with the ground/first floors as self-contained suites and the second floor as individual offices.
There is parking on site and nearby by way of separate agreement.
The property is located fronting Bank Street adjacent to the Waterside Shopping Centre within the heart of Lincoln City Centre. It is therefore surrounded by a range of retail, leisure, office and residential accommodation with views over St Swithin’s Square to the east.
Having scaled from Architect’s drawings, we calculate that the property will have the following floor areas:
Ground Floor: 315 sq m (3,390 sq ft)
First Floor: 378 sq m (4,068 sq ft)
Second Floor: 21 to 315 sq m (226 to 3,390 sq ft)
Total NIA: 1,008 sq m (10,848 sq ft)
We understand that mains supplies of gas, water, electricity and drainage are available and connected to the property. Interested parties are advised to make their own investigations to the service providers.
TOWN AND COUNTRY PLANNING
We understand that the property has consent for uses falling within Class E (Commercial, Business & Services Uses) of the Town and Country Planning (Use Classes) Order 1987 (as amended).
Following changes to the Use Classes Order that came into effect on 1st September 2020, Class E now encompasses a number of uses formerly known as A1 (Shops), A2 (Professional & Financial Services), A3 (Restaurant & Cafés), B1 (Business) and D1 (Clinics, Health Centre, Crèche & Day Nurseries)..
Charging Authority: City of Lincoln Council
Description: To be assessed
Rateable value: To be assessed
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.
The property is available To Let by way of a new Full Repairing and Insuring lease for a term of years to be agreed.
The offices are available either as a whole or as individual offices/suites.
VAT may be charged in addition to the rent.
The ingoing tenant is to be responsible for both parties’ proper and reasonable legal costs.