To LetRetail Unit

261, High Street, Lincoln, LIncolnshire, LN2 1HW

Description

The property comprises a mid terrace retail property, laid out over 3 floors, situated at the northern end of Lincoln High Street, with a double fronted glazed shop front to the High Street and staff and storage facilities on the upper floors.

Internally the retail area within the unit has been fitted out to a reasonable standard, with a solid laminate floor, painted plastered walls and a suspended acoustic ceiling. There is a toilet, staff and storage facilities on the upper floors. Servicing into the property is via the front door. 

There is a fire escape out to the rear from the upper floors.

LOCAtion

The property enjoys a prominent location within Lincoln’s pedestrianised precinct, towards the northern end of the High Street. Nearby retailers comprise a good mix of national, regional and local brands including Pizza Express, TGIs, Gere Menswear, Blacks, Caffe Nero, Carousel Bar Restaurant, Wildwood, Eqvvs, Coneys Menswear and Daniella Draper Jewellery.

Lincoln is one of England’s finest Cathedral cities and the administrative and major shopping centre for the County of Lincolnshire. It has an estimated population of circa 543,400 and an established total catchment spend of £984.40m.

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 £250m to the local economy.

services

We understand that mains water, electricity and drainage 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 and 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 not listed but is situated within a Conservation Area.

Interested parties are advised to make their own investigations with the Local Planning Authority

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 in documenting the transaction.