LOCATION
The property is prominently located on Corporation Street, which is a continuation of Clasketgate and West Parade, located within the heart of Lincoln's central business district with neighbouring occupiers comprising a mixture of office, retail and leisure operators. Lincoln's prime High Street is in close walking distance as is the Lincoln Transport Hub providing the main line bus and rail connections.

DESCRIPTION
Four-Storey Office Building To Let - We are pleased to offer to let this City Centre Office Building with office accommodation across four floors providing accommodation, which, in total, extends to 85 sq.m (915 sq.ft). The property is considered suitable for a variety of business uses and viewing is highly recommended. Alternatively, the Landlord would consider a sale of the Freehold.

ACCOMMODATION
GROUND FLOOR
Open Plan Office - 4m x 5.5m
With electric storage heater, air-conditioning unit and glazed frontage onto Corporation Street. Towards the rear is a fire escape access and lobby with stairwell.

LOWER GROUND FLOOR/BASEMENT - 4m x 6.2m
Previously used as a staff room with panelled walls and stainless steel sink unit.

FIRST FLOOR
General Office - 4m x 4.5m
With power and data cabling, LED lighting and two sash windows overlooking Corporation Street.

Male & Female WC Facilities
With each compartment having a WC and wash hand basin.

SECOND FLOOR
Office 1 (to the front) - 1.9m x 3.8m
With electric heater and timber sash window to the front.

Office 2 (to the rear) - 1.9m x 3.8m
With electric panel heater and timber double glazed window overlooking the rear.

Office 3 - 2.1m x 2.5m
With electric storage heater and timber double glazed window overlooking the rear.

SERVICES
Mains drainage, electricity and water are connected. Heating is via electric heaters and an air-conditioning system.

EPC Rating - E

TERMS
Lease Terms - The property is available to let for a term of years to be agreed at an initial rental of £12,500 per annum. The Lease will be subject to three yearly rent reviews and the property is available on a conventional Full Repairing & Insuring basis. A deposit will be payable by the ingoing Tenant equivalent to three months' rent.

OUTGOINGS
Rateable Value - £6,600

Small Business Multiplier (2023/2024) 49.9p in the £.
The property may qualify for small business rates relief.

It may be possible to obtain Small Business Rates Relief, depending on individual circumstances.

VAT
VAT is not payable on the rent.

LEGAL COSTS
The ingoing Tenant will incur a referencing fee of £120 inc VAT per person named on the Lease, together with the Landlord's reasonable legal costs in association with the production of the Lease.

VIEWING
By prior appointment through Mundys Commercial.