To Let - Under OfferRetail Premises

41, Steep Hill, Lincoln, Lincolnshire, LN2 1LU

Description

The property comprises a Grade II listed mid-terrace lock up retail unit located on Steep Hill, in a highly desirable and popular uphill area of Lincoln, close to the Cathedral and Castle. The shop floor has glazed frontage onto the cobbled street of Steep Hill, and comprises a largely square retail area, with downstairs WC.

EPC - The property is Grade II Listed and therefore exempt.

LOCATION

The property is located in the popular Uphill Bailgate/Steep Hill area which is populated with a wide range of high end retailers and restaurants. The world famous Cathedral and Castle are situated within close proximity, therefore the area attracts significant tourist visitors as well as local shoppers. The latest tourist figures show over 3.5m visitor trips per year to the City.

Lincoln is one of England’s finest Cathedral Cities and is 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 main campus in Lincoln, contributing an estimated £250 million to the local economy.

Services

We understand that mains supplies of electricity and water 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.

Town & Country Planning

We understand that the property has consent for uses falling within Class E (Commercial, Business & Services Use) of the Town and Country Planning (Use Classes) Order 1987 (as amended).

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).

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

Tenure

The property is available To Let by way of an effective Full Repairing and Insuring lease for a term to be agreed.

VAT

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

Legal Costs

Each party is to be responsible for their own legal costs incurred in documenting the transaction.