About this property

Detailed Description

A Ground Floor Café/Retail Unit located just north of Lincoln High Street. The Retail Space has been divided to create a Café/Sales Area
to the front with a detached kitchen/store & WC to the rear along with a shared yard. The fixtures and fitting are to be available by separate negotiation.

Location

Lincoln is a Cathedral City with an urban population of 130,200 (2011 Census). The City is located approximately 33 miles North East of
Nottingham, 41 miles South East of Sheffield and 48 miles North of Peterborough. The subject property is located in the heart of the City centre just off the High Street and is approximately 0.4 miles from Lincoln Central Railway Station.

The premises benefits from a large amount of footfall with The Strait being a key pedestrian route connecting Steep Hill with Lincoln High Street.

Accommodation

The property has been measured on a Net Internal Area basis:

Cafe/Sales Area - 38.3 sq m / 412 sq ft
Kitchen/Store - 12.2 sq m / 131 sq ft
WC
TOTAL NIA - 50.5 SQ M / 543 SQ FT

Business Rates

The property is assessed under the 2023 Rating List as a Shop and Premises with a Rateable Value of £8,300.

Subject to the ingoing tenant meeting certain criteria, it is possible to claim up to 100% exemption from the payment of Non-Domestic
Business Rates utilising the Government's Small Business Rate Relief Initiative. We would recommend that prospective tenants contact
Lincoln City Council regarding this matter Tel: 01522 881188.

Services

We understand that the property is connected to mains electricity, water and drainage.

Prospective tenants are advised to check upon the adequacy and provision of services with the relevant Statutory Authorities prior to
making an offer to take a new lease in respect of this property.

Viewing

For further information or to arrange a viewing please contact:

William Gaunt
01522 504322
07919 694235
william.gaunt@brown-co.com

James Cameron
01522 457172
07768 465753
james.cameron@brown-co.com

VAT

We understand that VAT will not be charged upon the rent.

Legal Costs

Each party will be responsible for their own legal costs incurred in respect of any letting negotiated.

Other

TOWN AND COUNTRY PLANNING
The property has been used as a Cafe and as such has an established use which is now covered by Use Class E of The Use Classes Order 2020. We would recommend that prospective tenants discuss any planning related enquiries with the Planning Department at Lincoln City Council prior to making an offer to take a lease in respect of this property. Tel: 01522 881188.

EPC
The property has an EPC rating of D82.

Terms

LEASE TERMS
The property is made available by way of a new effective full repairing and insuring lease for a minimum initial term of 5 years.

RENTAL TERMS
We are quoting a rent £15,000 per annum in respect of this property.