Residential

437 HIGH STREET, LINCOLN, LN5 8HZ

Retail / Office Premises To Let

Location

Situated just off the High Street, to the south of Lincoln City Centre and a short distance to the north of St Catherine’s and South Park. This location offers excellent accessibility to the City Centre and road network around Lincoln.

Local occupiers include Belvoir Lettings, Coral Bookmakers, Kwik Fit, a range of takeaways and a number of public houses.

General

The property provides a ground floor retail area, currently laid out as a retail store selling cakes and associated products. To the rear there is a store and WC.
Rear yard for bin storage.

The first floor has two rooms, one set out as a kitchen and the other as a work area, but both would suit offices or additional retail space.

Tenure

The property is available to let on a full repairing and insuring lease on terms to be negotiated.

Rent

£6,500 per annum exclusive.

Services

Mains electricity, 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.

Outgoings

2019/20 Rateable value £5,745
Standard Multiplier (2019/20) 50.4p in the £
Small Business Multiplier (2019/20) 49.1 in the £

The current band-width for rates exemption is £15,000.

Interested parties are advised to contact Lincoln City Council to verify the above and to enquire about their eligibility for small business rate relief.

Viewing

By appointment only with Taylor Lindsey Ltd.
98 Searby Road, Lincoln LN2 4DT
Contact: Adrian Bower MRICS – Estate Manager
or, Dan Race MRICS – Development Director
T: 01522 512200
E: adrian.bower@taylorlindsey.co.uk or dan.race@taylorlindsey.co.uk

 

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