To LetRetail Showroom Premises

429, High Street, Lincoln, Lincolnshire, LN5 8HZ

Description

A single storey showroom/retail unit with a glazed frontage to the High Street.

There is parking available on the surfaced car park adjoining the adjacent Nationwide Autocentre premises.

location

The property is situated in a busy location on the lower section of Lincoln High Street close to Nationwide Autocentre, Domino’s Pizza, Lloyds TSB and KFC and opposite the Dixon Street junction. 

The city centre is located about 1½ miles to the north and there are large residential areas to the east and west. Lincoln is the administrative and major shopping centre for the County of Lincolnshire and is ranked fourth in the East Midlands Experian City Centre retail rankings behind Nottingham, Derby and Leicester. It has a population of circa 100,000 and a catchment of 300,000.

TOWN AND COUNTRY PLANNING

The property has planning consent for Retail Showroom use falling within Class A1 (Retail) of the Town and Country Use Classes Order 1987 (as amended).

TENURE

The property is available to let on a new lease for a minimum term of five years or multiples thereof subject to five-yearly rent reviews.

The lease will be drawn on the equivalent of full repairing and insuring terms.

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

LEGAL COSTS

The ingoing tenant will be responsible for the landlord’s reasonable legal costs incurred in connection with the preparation and grant of the lease.