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LOCATION
The property is prominently located with frontage onto Silver Street, Lincoln's established central business district, with neighbouring occupiers comprising a mixture of Estate Agents, Solicitors, Retailers and Leisure Operators. Silver Street is located directly off Lincoln's prime High Street of the City Centre, which is within walking distance of the Lincoln Transport Hub with its bus and rail connections and Lincoln University.
The Cathedral City of Lincoln is the major administrative and shopping centre within Lincolnshire, having a resident population in the region of 95,000.
DESCRIPTION
Prominently Positioned City Centre Office/Retail Unit - This Ground Floor Retail/Office Unit approx. 64 sq. meters (688 sq. ft) having the benefit of a double-frontage onto Silver Street, popular with Estate Agents, Solicitors, Retailers and Leisure Operators. In addition to the open-plan accommodation, there is ancillary Kitchen and WC accommodation and the property is considered suitable for a variety of occupiers.
ACCOMMODATION
The ground floor open-plan accommodation provides for generously proportioned open-plan accommodation, with the benefit of a double-frontage onto Silver Street. The open-plan accommodation extends to and in addition, there is a Private Office, Kitchen, WC Compartment and additional Storage. Approx. 64 sq. meters (688 sq. ft.)
SERVICES
The accommodation is self-contained, having mains electricity, water and drainage. Heating and cooling is provided by an air-conditioning unit.
EPC Rating - B
TERMS
The accommodation is available 'To Let' for a term of years to be agreed (min 3 years) on an Internal Repairing and Insuring Lease. The ingoing Tenant is responsible for the Landlord's reasonable legal costs in the production of the Lease agreement and the Tenant will also be responsible for a referencing fee of £120 inc VAT per person named on the Lease. A deposit may also be payable.
OUTGOINGS
Rateable Value is £7,900.
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 asking rent.
PARKING NOTES
30 min free parking is available along Silver Street and pay and display car parks are available close-by
VIEWING
Via Mundys Commercial