To LetRETAIL

190-191, High Street, Lincoln, Lincolnshire, LN5 7AL

Description

A retail unit arranged over ground, first, second and third floors, with an attractive period frontage to the High Street and servicing to the rear.

EPC Rating – D80

LOCATION

The unit enjoys a prominent 100% prime location on the High Street. There are a wide range of national multiple retailers located nearby including Boots, Starbucks, M&S, River Island, Costa, the new McDonalds restaurant, as well as the Cornhill Quarter, where Flying Tiger, Lakeland and Moss Bros are located, with units also now let to Everyman Cinema, Seasalt and The Botanist.

Lincoln is one of England’s finest Cathedral Cities and the administrative and major shopping centre within the County of Lincolnshire. It has a population of circa 543,367 and an established total catchment spend of £984.40 million. It is also a growing University City, with close to 15,000 students and academic staff based at the city’s main campus, contributing an estimated £250 million to the local economy.

SERVICES

Mains water, electricity and drainage are connected to the property.

TOWN AND COUNTRY PLANNING

The property has an established use as a retail unit falling within Class A1 (Retail) of the Town & Country Planning (Use Classes) Order 1987 (as amended).

The changes to the Use Classes Order to be introduced on 1st September 2020, will mean the unit can be used for a variety of A2 and A3 uses without the need to secure a new planning permission. Further details available on request.

The property is Grade II Listed and is located within a Conservation Area.

TENURE

The property is available by way of a new Full Repairing and Insuring lease for a term of years to be agreed.

VAT

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

LEGAL COSTS

The ingoing tenants will be responsible for the Landlords reasonable legal costs incurred in documenting the transactions.