CURRENTLY AVAILABLE

Bailgate, Lincoln

ALL ENQUIRIES: 01522 512200

Prominent Retail Unit To Let On Lincoln’s Prestigious Bailgate

NOW LET

• Retail area approx. 491 sq ft (36.4 sq m).
• Prominent location in popular tourist area.
• Prime position with strong footfall.
• Rent £12,500 per annum exclusive.

LOCATION

The property is situated on Lincoln’s historic Bailgate, in an excellent position for tourist trade and up-market local trade. The location is very close to the historic Cathedral, Castle and Steep Hill and is home to a wide variety of specialist retailers. The previous tenant has been in occupation for the last 25 years and is only vacating due to retirement. This offers a rare opportunity to acquire a retail unit in a prime Bailgate location.

ACCOMMODATION

Retail area:

Max width: 14’ 1” (4.29 m)

Max depth: 30’ 1” (9.16 m)

Total area: 391 sq ft (36.4 sq m)

Rear office / store: 74 sq ft (6.9 sq m)

WC facilities

Rear access for loading.

SERVICES

Mains electricity, water and drainage are available to the property. None of these services have been tested and interested parties are advised to satisfy themselves in this regard.

OUTGOINGS

2010 Rateable Value: £11,500

Rate in the pound 2010/11: 41.4p

TENURE

To let on a new full repairing and insuring lease for a minimum period of five years or longer by negotiation.

RENTAL

£12,500 per annum exclusive, payable quarterly in advance.

LEGAL COSTS

In the usual manner, the ingoing tenant will be responsible for the landlord’s legal costs.

VIEWING

By appointment with Taylor Lindsey Ltd, 98 Searby Road, Lincoln, LN2 4DT. Tel: 01522 512200