LOCATION
Redwood Drive is situated within a popular and established residential area within the suburb of Waddington, located approximately 4 miles south of Lincoln City Centre, accessed via Newark Road and Brant Road respectively. The property sits within a busy parade of shops offering a range of businesses serving the local community.
DESCRIPTION
Self-Contained Retail Unit within a Busy Parade of Shops and an Established Residential Area - This property has, until recently, traded as a cafe/coffee shop and is considered ideally suited to this use or a number of other retail businesses. The accommodation benefits from a disabled access compliant WC and a well-equipped kitchen. The overall internal floor area extends to 37 sq.m (400 sq.ft). Outside the property can be accessed to the rear via a shared loading yard, with allocated parking space and in addition, visitor parking is available to the front along Redwood Drive.
ACCOMMODATION
The single-storey property is principally open-plan comprising a retail/dining area to the front with kitchen off, together with a storeroom/preparation room and a disabled access compliant WC compartment. To the rear of the property, there are two allocated vehicle parking spaces together with a refuse storage area.
The principal retail space has a frontage of 4 metres and a depth of 5 metres.
SERVICES
Mains water, electricity and drainage are understood to be connected.
EPC - D
TERMS
The property is available to let under the terms of a new Full Repairing & Insuring Lease for a term of years to be agreed exclusive of Business Rates and all other outgoings. 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 - £4,150 (effective 1st April 2026)
Small Business Multiplier (2025/2026) 49.9p in the £.
The property may qualify for small business rates relief.
It is possible that a Tenant will be able to claim 100% small business rates relief. Prospective Tenants should make their own enquiries with the local council.
VAT
VAT is not payable on 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.
PARKING NOTES
Two allocated car parking spaces to the rear and visitor parking is available to the front along Redwood Drive.
PLANNING
The property is understood to be classified as Class 'E' Retail under the Town & Country Planning Act Use Classes Order 1987 (as amended).
OTHER
Note - The photographs within this advertising are for illustration purposes only.
VIEWING
By prior appointment through Mundys Commercial.
