To LetRestaurant/Leisure Units - High End Mixed Use Development

One The Brayford, Brayford Wharf North, Lincoln, Lincolnshire, LN1 1YT

Description

One The Brayford is an exciting new mixed use development that will provide 3 restaurant/leisure units laid out over ground and part first floor and 6 further floors of high end residential and office accommodation. The 3 restaurant leisure units will have full height glazing along each frontage and provide first floor south facing balconies/outside seating areas, offering stunning views southward over the Brayford Pool. This means that there will be around 200 residents living in the 80 apartments on site, as well as 120-150 staff working within the office accommodation. There are 2,719 student bedrooms within 300 metres of the development and we understand that the Double Tree Hilton adjacent runs at an occupancy rate of around 85% - providing over 200 potential customers per night staying adjacent to the scheme.

location

One The Brayford is situated in a stunning location on the North side of the Brayford Pool opposite the main city centre University campus. Brayford Wharf North is the prime leisure pitch within Lincoln City Centre. Nearby national multiples located on Brayford Wharf North include Zizzi, Wagamama, Ask, Prezzo, Handmade Burger, Chimichanga, Lloyds No. 1 and an Odeon multi-screen cinema. In addition there are Hilton Double Tree and Holiday Inn Hotels adjacent.

uNITS

The 3 restaurant/leisure units will provide the following accommodation:

Unit 1 GF - 4,048 sq ft, FF - 2,273 sq ft

Unit 2 GF - 2,665 sq ft, FF - 1,182 sq ft

Unit 3 GF - 3,663 sq ft, FF - 1,938 sq ft

TERMS

The units are available on new leases drawn on the equivalent of full repairing and insuring terms for a minimum term of 20 years subject to 5 yearly reviews.

TIMING

 The units should be ready for occupation by Spring 2017.