LOCATION
The Landings is located adjacent to the visitor car park, directly opposite the Marina and is situated within a development of retail/business units, with neighbouring occupiers including coffee shops, restaurants, specialist retail outlets and solicitors. Burton Waters Marina is located directly off the A57, providing a direct-link to the Cathedral City of Lincoln, some 4 miles to the east.
DESCRIPTION
Retail Premises To Let - We are pleased to offer this well-presented open-plan retail/office space to let, which extends to 44.6 sq.m (480 sq.ft) and benefits from air-conditioning, together with ancillary kitchen, storage and WC accommodation towards the rear. The property is located within the prestigious Burton Waters Marina Development, surrounded by a mixture of retail and professional service businesses and would be ideally suited to a general grocery store/delicatessen or similar retail uses. Burton Waters Marina is located approximately 4 miles west of Lincoln City Centre, accessible via the A57 and there is ample free visitor car parking available close-by.
SERVICES
Mains drainage, electricity and water are connected to the property. An air-conditioning unit provides heating and cooling.
EPC - To be confirmed.
TERMS
Lease Terms - The property is available to let for a term of 10 years, subject to three yearly rent reviews. The initial rent is £11,400 per annum plus VAT, exclusive of service charge and management fees.
The occupier is responsible for the payment of a service charge to Burton Waters Security (circa.£1,700 per year), who provide maintenance and security services across the entire marina development, also looking after all landscaped communal areas. In addition, a further payment of approximately £300 per annum is payable to contribute towards Buildings Insurance.
OUTGOINGS
Rateable Value - £10,000
It is possible that the ingoing Tenant will be eligible for Small Business Rates Relief, resulting in full exemption from the payment of Business Rates. However, in the event that Business Rates is payable, based on the Small Business Rate applied to retail, hospitality and leisure businesses (Retail, Hospitality and Leisure Multiplier (2026/2027) 38.2p in the £), the rates payable would be £3,820
VAT
VAT is payable in addition to the annual rent charged, service charge payments and buildings insurance contribution.
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.
SERVICE CHARGE
A Service Charge is payable.
PARKING NOTES
Free visitor parking
VIEWING
Via prior appointment through Mundys Commercial.
