To LetRetail Units

8-10 St Mary's Street, Lincoln, Lincolnshire, LN5 7EQ

Description

The properties comprise of three recently renovated units, each benefitting from a full white box fit out, to include decorations, vinyl flooring to the ground floor and carpet tiles on first floor areas (where applicable), full electrical fit out, toilet and a kitchenette.

8 St Mary’s Street is the smaller of the three, occupying ground floor only with a well-proportioned retail area to the front. To the rear of the
property is a kitchenette and WC with a door leading to the rear yard.

9 St Mary’s Street is the middle unit and has a large ground floor retail area, with stairs to the rear of the property leading to the first floor. On
the first floor, the property benefits from two large and versatile areas that could be utilised as office or storage space. To the rear is located
the kitchenette and WC.

10 St Mary’s Street has ground floor retail area spanning the entire length of the property, with the stairwell located in the centre leading
to the first floor, which benefits from a large office or store, kitchenette and WC

Location

The recently renovated properties occupy a prominent position on St Mary’s Street in Lincoln city centre, directly opposite Lincoln Central Train Station and close to the recently redeveloped city bus station/city council transport hub. The Cornhill Quarter - Lincoln’s newest city centre shopping redevelopment is located close by, where there are a wider range of local, national and international retailers/leisure occupiers represented including The Botanist, Everyman Cinema, Cosy  Club, Sea Salt, Hobbs, Whistles and Phase Eight

Services

We understand that mains supply of gas, water, electricity and drainage are available and connected to the properties

Town & Country Planning

We understand the properties have consent for uses falling within Class E (Commercial, Business & Services Use) of the Town & Country Planning Use Classes Order 1987 (amended 2020). Following changes to the Use Classes Order that came into effect on 1st September 2020, Class E now encompasses a number of uses including A1 (Shops), A2 (Professional & Financial Services), A3 (Restaurant & Café), B1 (Business) and D2 (Assembly & Leisure).

Tenure

The properties are To Let by way of a new effective Full Repairing and Insuring lease, for a term of years to be agreed.

Legal Costs

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