Retail premises to let in Sincil Street, Cornhill Quarter, Lincoln LN5, £15,000 pa

15,000.00 per month

Offer Nr.:
62421952
Type of ad:
to Rent
Property type:
Retail premises to let
Contact name:
Banks Long & Co
Phone(s):
01522 397760

* Unfurnished
The scheme comprises 5 newly renovated retail units fully fitted to a quality
specification with luxury vinyl tiles, painted and plastered walls and
ceilings, painted beams and skirting and a range of mounted LED lighting. Each
unit is also fitted with kitchenettes and accessible WCs with basins.
A walk - through video that sufficiently portrays the latest finishes and
lighting can be accessed using the below link.
/ EPC’s will be provided upon completion.
**Location**
Situated towards the north of Sincil Street, the units are at the heart of The
Cornhill Quarter - a £70m redevelopment scheme which has significantly
rejuvenated Lincoln’s retail offering and city centre. The fitted out shop
units overlook the new £8 million Lincoln Central Market redevelopment which,
on completion, will create an attractive regional footfall. The regeneration
will provide a quality modern market destination with a strong emphasis on the
food sector.
The overall regeneration zone has delivered in excess of 150, 000 sq ft of
mixed - use commercial space and has already accounted for significant
improvements to city centre infrastructure links, including a £30 million
Transport Hub which accommodates a new multi - storey car park and bus station.
The Cornhill Quarter contains a vibrant mix of occupants including restaurants
The Botanist, The Cosy Club, Tortilla, Pho and Three Joes as well as national
retailers such as Hobbs, Phase Eight and Whistles. The area also benefits from
a 4 - screen Everyman Cinema, Lakeland and 200 Degrees Coffee.
Lincoln is the administrative centre and largest city in Lincolnshire with an
urban population of 130, 000 and a total catchment population of 545, 000,
giving it a total comparison goods expenditure of over £985 million. Lincoln
also benefits from its ever - growing Universities. The student and academic
staff population is estimated to be circa 15, 000 and contributes over £250
million to the local economy.
**Services**
We understand that mains supplies are available and connected to the property.
These have not been tested and interested parties are advised to make their
own investigations to the relevant utility service providers.
**Town & country planning**
We understand that the properties have consent for uses falling within Class E
(Commercial, Business & Services Use) of the Town and Country Planning (Use
Classes) Order 1987 (as amended).
Class E now encompasses a number of uses formerly known as A1 (Shops), A2
(Professional & Financial Services), A3 (Restaurant & Cafés), B1 (Business)
and D1 (Clinics, Health Centre, Crèche & Day Nurseries).
**Tenure**
The properties are available To Let by way of new Full Repairing and Insuring
leases, for a term to be agreed.
**Service charge**
A service charge is payable by all the occupiers to cover the upkeep and
maintenance of the common parts.
**VAT**
VAT will be charged in addition to the rents at the prevailing rate.
**Legal costs**
Each party is to be responsible for their own legal costs incurred in
documenting the transaction.

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