LOCATION
The property is prominently located along Lincoln's High Street, within a busy commercial/residential district, situated approximately half a mile south of Lincoln's City Centre.

The Cathedral City of Lincoln is a vibrant University City, famous for its Cathedral, Castle and having a population of circa. 100,000 residents, together with a much wider catchment given the surrounding villages and towns.

DESCRIPTION
Ground Floor Retail Unit To Let - This is a rare opportunity to rent a very well-presented, self-contained retail unit extending to 19.5 sq.m (210 sq.ft), which has just been refurbished and is ready for immediate occupation. The property is considered suitable for a variety of business uses.

ACCOMMODATION
The retail premises have a frontage of 3.4m and a total depth of 6.4m, with a modern WC compartment located towards the rear of the property, together with a fire escape access. The accommodation is presented to a high standard, having been recently redecorated throughout.

SERVICES
Mains electricity, water and drainage are connected.

EPC Rating - C

TERMS
The property is available To Let, on conventional internal repairing obligations for a term of years to be agreed. The annual rent is £7,200pa.. The Tenant will also be liable for contributing towards buildings Insurance via the Service Charge.

OUTGOINGS
Rateable Value - £4,700

The property may benefit from full exemption from the payment of Business Rates under the 'Small Business Rates relief' scheme. in the event that a full rates liability is required, the reduced 'Retail, Hospitality & Leisure' Multiplier of £38.2p in the pound (2026/2027) will apply.

VAT
The property is understood to be elected for VAT, which will be chargeable in addition to the rent.

LEGAL COSTS
The ingoing Tenant will be responsible for a credit referencing fee of £125 plus VAT, together with a lease preparation fee of £450 plus VAT

SERVICE CHARGE
A service charge will be levied to contribute towards external building maintenance and buildings insurance. Further details are available on request.

PLANNING
The property is understood to be classified as Class 'E' Retail under the Town & Country Planning (Use Classes Order) 1987 (as amended). The unit may be suitable for a variety of uses subject to the necessary planning consents being obtained and it is the responsibility of the ingoing Tenant to ensure that the property has the permitted use for their intended business and occupation

VIEWING
By appointment with Mundys Commercial