LOCATION
The property is prominently located on Newport within the popular Cathedral Quarter of Lincoln, close to the Bailgate retail area and the tourist attractions including Steep Hill, Cathedral and the Castle. The property is also located within a popular residential area with neighbouring properties comprising a mixture of retail and residential accommodation.

DESCRIPTION
Ground Floor Office/Retail Premises To Let - We are pleased to offer to let this prominently located, recently refurbished office/retail unit, which extends, in total, to 60 sq.m (650 sq.ft) comprising the Main Office/Showroom, Rear Lobby, Rear Office, Kitchen and WC Compartment with the benefit of a parking space to the rear. The property is located within the popular 'Uphill' district of Lincoln, close to the Bailgate Shopping District, Cathedral and Castle and is considered suitable for a variety of uses.

ACCOMMODATION
Main Office/Showroom - 5m x 5.4m

Rear Lobby - 1.6m x 4.5m

Rear Office - 2.8m x 2.8m

Kitchen - 3m x 4.8m

WC/Locker Room - 3m x 1.3m


OUTSIDE
To the rear of the property is one allocated car parking space.

SERVICES
Mains drainage, electricity and water are connected.

EPC Rating - C

TERMS
The property is available to let under the terms of a new Lease for a term of years to be agreed at a rental of £9,000 per annum. The lease will be excluded from 1954 Act and it will be an internal & insuring lease. Apportioned Buildings insurance will be charged back to the ingoing tenant and a deposit equivalent to three months’ rent will also be payable.

OUTGOINGS
Rateable Value - £7,600

Retail, Hospitality and Leisure Multiplier (2026/2027) 38.2p in the £.

The property may qualify for small business rates relief.

Prospective tenants should make their own enquiries regarding Small Business Rates Relief.

VAT
We understand that VAT is not payable in addition to the rent.

LEGAL COSTS
The prospective tenant will be responsible for the payment of a referencing fee of £150 inc. VAT and in addition, the ingoing tenant will be responsible for the Landlord’s reasonable costs for the preparation of the Lease. Further details are available on request.

VIEWING
By prior appointment through Mundys Commercial.