Unit 2 (Ground Floor), St. Benedicts Square, Lincoln, Lincolnshire, LN5

Unit 2 (Ground Floor)

Property
The property is 689 sq. ft and situated on the junction of the pedestrianised element of the High Street and St Benedic'ts Square and forms part of the prime retail pitch of Lincoln City Centre. The immediate area hosts a wide range of well recognised national brands including M&S, FatFace, Starbucks and Laura Ashley.
Waterside Shopping Centre is situated a short 3 minute walk (0.1 miles) to the north east, hosting numerous national tenants including New Look, Superdrug, H.Samuel and Carphone Warehouse.
Local transport links are excellent, with numerous local bus services available on Wigford Way (A57), adjacent to the rear of the property and Silver Street to the north. Lincoln Rail Station is situated only a 4 minute walk from the property to the south east with regular services to Leeds, Nottingham and London.

Services
We understand that all mains supplies are available and connected to the property. These have not been tested and interested parties are advised to make their own investigations to the relevant utility service providers.

Planning
The Tenant shall be responsible for obtaining any necessary permission required for the proposed use. No warranty is given that any such application would be successful.
connected to the mains drainage system.

Rates
Charging Authority: City of Lincoln Council
Description: Shop and Premises
Rateable Value: £17,000.00 (Please note, this is not the amount you will pay)

Rateable values are calculated with the business rates bill by multiplying the rateable value of the property by the multiplier or 'poundage', which the government sets from 1st April each year for the whole of England. The government normally changes the multiplier every year to move in line with inflation.

For further information, please contact the Charging Authority.
Telephone:   
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Tenure
The property is available To Let by way of a new Full Repairing and Maintenance lease for a minimum of 10 years. Subject to 5 yearly upward only rent reviews.

Rent
Rental offers invited

VAT
VAT will be charged in addition to the rent at the prevailing rate.


This property is available by way of a new Lease.
The Lease will be full repair and maintenance together with reimbursement of the annual property insurance premium to the Landlord.
The Tenant will be responsible for all utility and other costs in respect of the property.
Legal Costs
The Tenant shall be responsible for payment of the Council's Legal and Surveyor's costs of £650.00

PLEASE NOTE

* We have made every effort to ensure accuracy of these details, although it cannot be guaranteed. Errors and omissions will be excepted.
* These particulars are an outline for guidance for prospective purchasers or lessees and do not constitute an offer of contract.
* Purchasers or lessees must rely on their own inspection of the property to satisfy themselves of any statement within these particulars.
* Services and appliances (including all mechanical and electrical have NOT been tested, although any appropriate information will be made available upon request for information purposes only and cannot be relied upon). We recommend that a suitably qualified person inspects all appliances/ services/structures before any contractual commitment
* Any measurements or areas are approximate and for guidance purposes only.
* Prospective purchasers are advised to contact the appropriate council departments independently for clarification and verification of rating, highways or planning matters

The council has a statutory duty to remain open to offers on any land or property until contracts are exchanged or an appropriate council approval is obtained. The council will not be liable for fees attributable to any abortive lease.