No bars, no signal predictedOne bar, reliable signal unlikelyTwo bars, may experience problems with connectivityThree bars, likely to have good coverage and receive a data rate to support basic web servicesFull bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
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Office

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Office
0 bed
0 bath
1,367 sq ft / 127 sq m

Property description & features

  • Retail Unit
  • Former Estate Agents, Financial and Legal Services
  • A1, A2 Retail
  • Prominent city centre location
  • Retail space 98.7 sqm (1063 sqft) overall including shop
  • Basement storage 67 sqm (721.18 sqft)
  • Negotiable length of lease available
  • EPC Rating - D
An excellent opportunity to take a lease on this prime city centre retail unit which is recent years has been used for estate agency, financial services and legal services. The property fronts directly onto Silver Street. The property is available on negotiable lease terms.

Rooms

DESCRIPTION
The property comprises a highly prominent retail premises formerly used for retail estate agency, financial services and legal services in recent years. The property has a prominent frontage and comprises retail space with 2 basement areas. The property has a frontage onto Silver Street and a frontage to the rear onto Clasketgate.

LOCATION
The property fronts onto Silver Street which is a few hundred yards from the High Street. Lincoln City is experiencing major redevelopment and is rapidly expanding, The University and colleges are also adding to the prosperity of the City with over 25,000 students. It is an extremely popular tourist destination and it is estimated that the City receives approximately 1 million visitors per year with 75% being from within the UK or the majority of overseas visitors from neighbouring European Countries and a sizable contingent from American visitors. Lincoln now has the benefit of being connected to the A46 dual carriageway linking to the main A1 and the national motorway network together with dual carriageway to Leicester accessing the M1 motorway. It is approx 15 mins from Newark Northgate station which benefits from a regular LNER train service to London's Kings Cross with a minimum journey time of 1 hour 20 mins. Lincoln now has a daily service to London’s Kings (truncated)

ACCOMMODATION
Retail Area 98.7 sqm (1063 sqft) Basement Area 1 24.5 sqm (263.71 sqft) Basement Area 2 42.3 sqm (455.31 sqft) The property has WC and Kitchen

SERVICES
The property has all mains services connected however no services have been tested.

LEASE TERMS
The property is offered on a new 3 year lease on full repairing and insuring terms. The rent is £17,500 pax.

RATEABLE
The property has recently been split into 2 shops. We understand that the shop has yet to be reassessed.

CEPC
The property has an CEPC rating of D.

VAT
The rent is exclusive of VAT at the appropriate rate

Places of interest

    Request viewing/info
    Pygott and Crone have been established since 1991, originally founded with one office in Sleaford, the company now covers the whole of Lincolnshire, more recently expanding into Nottinghamshire and working throughout the UK within certain specialist departments. The company is a mixed practice covering Residential Sales, Financial Services, Auction, Residential and Commercial Letting, Commercial and Professional valuation, Surveying, Land and New Homes. Our specialist teams are happy to provide advice on all property matters. The company firmly believes it is important to provide a balance between personal service through our High Street offices combined with excellent technology to allow all customers to engage our services the most suitable way for any individual. We offer a 24/7 service to all our clients. The company is also members of the Land and New Homes Network which enables us to provide very bespoke services to developers and landowners, again we have a dedicated New Homes Specialist for each area ensuring we provide excellent advice. The mortgage market is an ever-changing world and having our own in-house mortgage team really helps us advise clients on the most suitable mortgage for their individual circumstances; being part of Mortgage Advice Bureau ensures we have a wide range of products to consider, currently with over 12,000 different products from over 95 lenders. Finally, and most importantly, we are very involved in our communities, the company firmly believes in supporting Charities, Schools and Sports and are proud to be involved with many local organisations.

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    Property reference SLE210315_L. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Pygott & Crone - Lincoln.

    OnTheMarket may have applied supplementary data to this property listing, including:

    Broadband availability and predicted speed

    Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:

    Basic: Up to 30 Mbit/s
    Super-fast: Between 30 Mbit/s and 300 Mbit/s
    Ultra-fast: Over 300 Mbit/s

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    Mobile phone signal availability and predicted strength

    Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:

    Clear: No bars, no signal predicted
    Red: One bar, reliable signal unlikely
    Amber: Two bars, may experience problems with connectivity
    Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
    Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services

    Energy Performance data and Internal floor area

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    *Call rate information

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