Restaurant / Retail Premises To Let
The property occupies an exceptionally prominent position fronting a major arterial road into Lincoln from the city’s bypass. The city’s historic core (comprising the Cathedral, Castle and Bailgate) is approximately one mile away. There is a park and ride site directly opposite and Nettleham Road is a major bus route into the city centre.
There is a KFC drive-thru immediately adjacent on the same development and a recently refurbished Waitrose supermarket directly opposite. Other occupiers in the immediate area include Starbucks, Energie Fitness and Chattertons Solicitors.
Nettleham Road Shopping Centre is located directly adjacent to the development (with a car and pedestrian link) and is home to a range of local and national occupiers including Iceland, Asda, Ladbrokes, Barnardos and the Post Office.
Gross internal floor areas:
Main Building: 3,167 sq ft (294.2 sq m)
Rear Storage: 489 sq ft ( 45.4 sq m)
External Store: 125 sq ft ( 11.6 sq m)
Entrance Lobby: 161 sq ft ( 15.0 sq m)
TOTAL: 3,942 sq ft (366.2 sq m)
If the recessed section at the front corner were to be added into the building the area increases to 4,115 sq ft (382.3 sq m).
There is ample on-site car parking and good delivery access.
The current lease ends on 10 July 2020.
We will consider altering and adapting the building to suit a potential occupier’s requirements. Please contact us to discuss.
The current planning permission is for restaurant use. We believe that a change of use to retail will not require planning permission but interested parties are advised to satisfy themselves in this regard. Other changes of use and external alterations may require planning permission, which we may be able to assist with.
To let on a new lease, terms by negotiation.
£45,000 per annum exclusive.
The common parts of the development are maintained by the landlord and the costs are recharged to the tenants through a modest service charge.
Mains electricity, gas, water and drainage are available to the property. None of the services have been tested and interested parties are advised to satisfy themselves in this regard.
Rateable Value: £62,000.
Standard Multiplier (2019/20) 50.4p in the £.
By appointment with Taylor Lindsey Ltd
98 Searby Road, Lincoln LN2 4DT.
Contact: Adrian Bower MRICS – Estates Manager or
Dan Race MRICS – Development Director.
T: 01522 512200
E: firstname.lastname@example.org or email@example.com.