Description
The scheme comprises 5 newly renovated retail units fully fitted to a quality specification with luxury vinyl tiles, painted and plastered walls and ceilings, painted beams and skirting and a range of mounted LED lighting. Each unit is also fitted with kitchenettes and accessible WCs with basins.
A walk-through video that sufficiently portrays the latest finishes and lighting can be accessed using the below link.
https://vimeo.com/742391960/6175390501
EPC’s will be provided upon completion.
Location
Situated towards the north of Sincil Street, the units are at the heart of The Cornhill Quarter - a £70m redevelopment scheme which has significantly rejuvenated Lincoln’s retail offering and city centre. The fitted out shop units overlook the new £8 million Lincoln Central Market redevelopment which, on completion, will create an attractive regional footfall. The regeneration will provide a quality modern market destination with a strong emphasis on the food sector.
The overall regeneration zone has delivered in excess of 150,000 sq ft of mixed-use commercial space and has already accounted for significant improvements to city centre infrastructure links, including a £30 million Transport Hub which accommodates a new multi-storey car park and bus station.
The Cornhill Quarter contains a vibrant mix of occupants including restaurants The Botanist, The Cosy Club, Tortilla, Pho and Three Joes as well as national retailers such as Hobbs, Phase Eight and Whistles. The area also benefits from a 4-screen Everyman Cinema, Lakeland and 200 Degrees Coffee.
Lincoln is the administrative centre and largest city in Lincolnshire with an urban population of 130,000 and a total catchment population of 545,000, giving it a total comparison goods expenditure of over £985 million. Lincoln also benefits from its ever-growing Universities. The student and academic staff population is estimated to be circa 15,000 and contributes over £250 million to the local economy.
Services
We understand that mains supplies 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 properties have 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).
Tenure
The properties are available To Let by way of new Full Repairing and Insuring leases, for a term to be agreed.
Service Charge
A service charge is payable by all the occupiers to cover the upkeep and maintenance of the common parts.
VAT
VAT will be charged in addition to the rents at the prevailing rate.
Legal Costs
Each party is to be responsible for their own legal costs incurred in documenting the transaction.