LOCATION
The property is prominently positioned, being located centrally along Silver Street, which is particularly popular with Estate Agents, Solicitors and other professional services providers, together with a range of leisure operators.
DESCRIPTION
Mundys are pleased to offer 'To Let' a retail/office unit consisting off a retail/office area at 17 sq. m. (183 sq. ft) and the added benefit of communal W.C and kitchen facilities. There is also a store room/office measuring 15 sq. m (161 sq. ft.). Being located on Silver Street, it is in the heart of the City Centre and Lincoln's prime High Street business district are in close walking distance as is the Lincoln Transport Hub and Lincoln University.
SERVICES
Mains electricity, water and drainage are all connected to the property. The electricity and water are sub-metered and charged back to the Tenant by the Managing Agent. Heating and cooling is provided by an air-conditioning unit.
EPC Rating - C
TERMS
The property is available 'To Let' under the terms of a new Internal Repairing & Insuring Lease for a term of years to be agreed. A deposit will also be payable.
The ingoing Tenant is responsible for the Estate Agent's Referencing Fee (£150 inc VAT), together with the Landlord's reasonable fees for producing the Lease. Further details are available on request.
OUTGOINGS
Rateable Value - £6,400
Retail, Hospitality and Leisure Multiplier (2026/2027) 38.2p in the £.
It may be possible to obtain Small Business Rates Relief, depending on individual circumstances.
VAT
VAT is not currently payable on the annual rent.
PARKING NOTES
30 min free parking is available along Silver Street and pay and display car parks are available close-by together with a nearby low-cost all day multi-storey parking.
PLANNING
The property is classified as being suitable for Class E Retail & Business uses as described by the Town & Country Planning (Use Classes Order) 1987 (as amended).
VIEWING
Via Mundys Commercial
