The property comprises a self-contained retail unit with WC facilities.
The unit is located within a densely populated residential estate on a small parade of shops. Occupiers include the Lincolnshire Co-operative Foodstore and Post Office.
Queen Elizabeth Road is located to the north of Lincoln City Centre and benefits from regular bus services.
Lincoln is the administrative and major shopping centre within the County of Lincolnshire. It has a population catchment of 543,367 and an established total spend of £985 million.
It is also a growing University city with close to 15,000 students and academic staff based at the city’s main campus, contributing an estimated £250 million to the local economy.
TOWN AND COUNTRY PLANNING
The current use of the property falls within Class A1 (Retail) of the Town and Country Use Classes Order 1987, as amended.
The property may be suitable for other uses, subject to planning.
It is understood that qualifying small businesses will benefit from up to 100% Small Business Rates Relief.
Any prospective tenant is advised to check with the Local Charging Authority.
The unit is available by way of a new lease for a term of years to be agreed. The lease will be drawn on Full Repairing and Insuring terms.
VAT may be charged in addition to the rental, at the prevailing rate.
Each party is to be responsible for their own legal costs incurred in documenting the transaction.