Retail Unit on Popular Shopping Centre To Let
The Forum Shopping Centre, is prominently located on Newark Road in North Hykeham, a very large suburb to the South West of Lincoln, having a population in excess of 10,000. The shopping centre is exceptionally busy, occupiers include Tesco Express, Nottingham Building Society, Lloyds TSB, Martin McColl Ltd and Done Bros.
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The unit benefits from double frontage, providing additional window display area and excellent onsite customer parking provisions.
To Let on a new equivalent full repairing and insuring lease for a minimum term of 5 years or longer by negotiation.
£15,000 per annum exclusive, payable quarterly in advance.
A service charge is payable for the maintenance and upkeep of the common areas of the estate.
Mains electricity, water and drainage are available to the property. None of these services have been tested and prospective tenants are advised to satisfy themselves in this regard.
The rateable value: £14,250
Rate in the pound 2021/22: 51.2p
Contact: Matt Johnson MRICS – Management Surveyor
Adrian Bower MRICS – Estates Manager