Lincoln is a popular Cathedral City benefiting from over 3.7m annual tourists and has an growing University population of over 15,000. The property is at the Southern end of High Street, and within walking distance of the key tourist attractions, namely Lincoln Cathedral and Lincoln Castle.
The unit occupies a prominent position on High Street, situated between the Waterside Shopping Centre and The Cornhill Quarter. New occupiers announced recently to the city include Pho, Everyman Cinema, Sea Salt, The Botanist, Hobbs and Phase Eight. It was recently announced the House of Fraser on High Street will be redeveloped to provide a new Radisson 4 Star Hotel showing positive signs of investment into the City.
The premises are arranged over two principle floors comprising a total of approx. 3,000sqft of sales trading area. Loading is via City Square to the rear.
Ground Floor 146.6sqm 1,578sqft
Ground Floor anc. 13.7sqm 148sqft
First Floor 149.3sqm 1,607sqft
Total 309.6sqm 3,333sqft
Areas are quoted on a net internal area basis.
A new full repairing and insuring lease is available for a term of years to be agreed. The property is currently let to Crew Clothing and will be subject to obtaining vacant possession.
The property has A1 Retail planning. The owners will consider a change of use to a range of uses, subject to planning permission.
The property has a current rateable value of £111,000.
Ben Taylor, SPACE-Retail Property Consultants – 0345 900 3903 / 07870 682 050 / email@example.com
James Lutton, Legat Owen – 01244 408244 / 07860 943732 / firstname.lastname@example.org