The premises are arranged over ground and first floor. The ground floor comprises a large sales area, customer toilets, large staff accommodation and large storage space. The basement provides additional storage space. Tenure The premises are available by way of an assignment of the existing lease expiring 24/12/2021. Alternatively, the premises are available by way of a sub-lease. Rent The current passing rent is £24,500, exclusive of all other outgoings. Rates We are verbally informed by the Local Rating Authority that the current Rateable Value of the shop is £23,500.00 and the rates payable are £11,726.50 pa. The UBR for 2019/2020 is 49.90p. Interested parties are advised to make their own enquiries with the Local Authority for verification purposesLess
The historic Cathedral city of Lincoln is the principle retail destination for the County of Lincolnshire and is situated approximately 32 miles north east of Nottingham, 48 miles to the north of Peterborough and 49 miles east of Sheffield. The subject property occupies a position on Silver Street and fronts High Street, which is the main retail provision in the city. National retailers in the vicinity include House of Fraser, Cafe Nero and NatWest.
Sizes and Measurements
DetailsRetail Ground Floor
Lease Information & Charges
- City Centre