To LetRETAIL / OFFICES - Former Bank Premises

Unit 13, Stonebow Centre, Lincoln, Lincolnshire, LN2 1DY

Description

This former Bank premises comprises a ground floor area with frontage onto the Stonebow Centre covered arcade and Saltergate, and at first floor includes kitchen, offices, store rooms and WC facilities. The ground floor is predominantly open plan with two small offices.

LOCATION

The property is located within the Stonebow Centre in the heart of Lincoln’s city centre just a minute’s walk from the High Street. The Stonebow  Centre features a covered arcade that links Silver Street to the busy pedestrianised Saltergate, where access is available into Top Shop within the  Waterside Shopping Centre.

Current occupiers within the Centre include  nationwide companies Amplifon and Tui as well as some smaller independent retailers and other nearby retailers include Savers Health and Beauty.  

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

We understand that mains services including water, drainage, gas and electricity are available and connected to the property. These have not been tested and interested parties are advised to make their own investigations to the relevant utility service providers.

TENURE

The unit is available To Let on a new internal repairing lease for a term to be agreed, subject to the payment of a service charge to cover the cost of external maintenance and the upkeep of the common areas (see below).

SERVICE CHARGE

An annual service charge will be levied in addition to the rent to cover the upkeep, maintenance and repair of all common parts of the property. 

VAT

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

LEGAL COSTS

The ingoing tenant is to be responsible for their own legal costs incurred in documenting the transaction.