Banks Long & Co. Chartered Surveyors

Size:

1,307 sq m / 14,069 sq ft

Location:

The property is located on Silver Street within the heart of the city centre a short walk to the east of High Street. There is a mix of uses in the immediate vicinity including J D Wetherspoons, Gala Bingo and Tokyo Industries as Silver Street forms part of the city’s night time leisure circuit. Lincoln is the administrative and shopping centre for the county of Lincolnshire. It has a resident population of circa 100,000 and a catchment within a 20-mile radius of 300,000. It is ranked 4th in the Experian East Midlands retail rankings behind Nottingham, Derby and Leicester.

Description:

The accommodation is arranged over ground and basement levels, within Thomas Parker House, a large 3-storey building also comprising 2 further ground floor units let to J D Wetherspoons and Wahoo and 2 upper floors currently occupied by the University of Lincoln. Access into the unit is from an entrance in Silver Street adjacent to J D Wetherspoons, with a return frontage and access to Free School Lane. The unit has been finished off to a shell specification, with a lift shaft linking the ground and basement levels and an opening has been cut into the ground floor slab for the future installation of a staircase. The unit has permission for use falling as a nightclub and other uses within Class D2 (Assembly and Leisure) of the Town and Country Use Classes Order 1987 (as amended). These include Gym, Concert and Bingo Halls.

Tenure:

Leasehold

Rent:

£115,000.00 pa

Viewing:

To view the premises and for any additional information please contact the sole agents.

Legal Costs:

The ingoing tenant will be responsible for all legal costs incurred in documenting the transaction.