Unit 29, The Forum Shopping Centre, North Hykeham

Location

The Forum Shopping Centre is prominently located on Newark Road, North Hykeham, a large suburb to the South West of Lincoln, having a population in excess of 16,000. The centre benefits from an average vehicle passing of over 20,000 per day. The centre is, effectively, the ‘town centre’ for North Hykeham. It is a 35 unit scheme anchored by Tesco Express and is home to a number of national retailers supported by established regional and local trades.

Description

Unit 29 is an open plan ground floor retail unit which is currently undergoing refurbishment. The specification includes a new shop front, kitchenette, and w/c, painted plaster walls and suspended ceiling with inset lighting. The premises also benefits from a gas fired central heating system.

Rent/Size

£18,000p/a – approx. 759sqft (564 ITZA)

Rent payable quarterly in advance.

Tenure

The property is available To Let by way of a Full Repairing and Insuring lease at a term to be agreed.

VAT

The property is VAT registered, VAT is payable on all costs.

Service Charge

A service charge is payable for the upkeep and maintenance of the common areas of the estate.

Rateable Value

To be re-assessed on separation of the units by the Valuation Office.

Legal Costs