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LOCATION
Newark Road (A1434) is one of the main arterial routes running south of Lincoln City Centre and located approximately one mile south of the City, within a mixed residential and commercial district, close to a full range of amenities.
DESCRIPTION
We are pleased to offer TO LET this ground floor retail unit located on the south side of Lincoln City Centre. Comprising of Retail Area, Kitchen/Store Area and a W/C. Having a floor area of 547 sq. ft. (51 sq. meters). Suitable for a variety of business uses.
SERVICES
Electricity and mains drainage are connected to the property.
EPC - C
TERMS
Lease Terms - The property is available to let for a term of years to be agreed. The property is to be let on a Internal Repairing & Insuring Terms. A deposit will also be payable. Further details are available on request.
OUTGOINGS
Rateable Value - £6,100
Small Business Multiplier (2024/2025) 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 annual rent
LEGAL COSTS
The ingoing Tenant will be responsible for a referencing fee of £150 inc VAT and the Landlord's reasonable legal costs associated with the preparation of a Lease. Further details are available on request.
VIEWING
Via Mundys Commercial