10-12, Clasketgate

Lincoln, Lincolnshire LN2 1JS

£15,000 per annum

LOCATION

Lincoln is a cathedral city and the county town of Lincolnshire with an urban population of 130,200 (2011 Census). The city is located approximately 33 miles north east of Nottingham, 41 miles south east of Sheffield and 48 miles north of Peterborough. The property is situated on the southern side of Clasketgate (B1308) approximately 20 metres to the east of its junction with the High Street. Nearby occupiers include Tesco Express, Pizza Express, Carluccios and Caffe Nero.

DESCRIPTION

The property comprise a self-contained unit currently arranged as a bar over ground and first floor levels with basement cellar.

ACCOMMODATION

Ground Floor Retail Sales 25.47 sq m (274 sq ft)
First Floor Retail Sales 54.74 sq m (589 sq ft)
Male and Female WCs
Basement Cellar 12.05 sq m (130 sq ft)

Total NIA 92.26 sq m (993 sq ft)

PLANNING

The property has planning permission for use as a drinking establishment within Class A4 of the Town and Country Planning (Use Classes) Order 1987 (as amended). The property would however suit a variety of alternative uses including shops, offices, financial / professional services and restaurants / cafés without the need for planning permission for a change of use.

Interested parties are advised to contact City of Lincoln Council Planning Department on 01522 881188 to verify the current use and to enquire if planning permission will be required for any alternative uses not listed above.

SERVICES

Mains gas, electricity, water and drainage are connected to the property.

TENURE

The premises are available to let upon a new internal repairing and insuring lease for a term to be agreed.

GUIDE RENT

£15,000 per annum exclusive.

BUSINESS RATES

Rateable Value (2017 List): £5,800
Business Rate Multiplier (2017/18): 47.9p in the £
Small Business Multiplier (2017/18): 46.6p in the £

Interested parties are advised to contact City of Lincoln Council on 01522 873342 to verify the above and to enquire about their eligibility for small business rate relief (which may amount to 100% depending on circumstances).

VAT

The guide rent quoted in these particulars is exclusive of VAT. At the time of preparation of these particulars (September 2017)
we understand that the landlord has elected to charge VAT.

Energy Performance Asset Rating

D79. The front page of the Energy Performance Certificate (EPC) can be found at the end of these particulars. The full EPC and Recommendation Report are available to interested parties upon request

LEGAL COSTS

Each party is to be responsible for their own legal costs.

AGENT

For further information or to arrange a viewing please contact sole agents JHWalter:

Andrew France BSc (Hons) MRICS
01522 504319 07795 657792 andrewfrance@jhwalter.co.uk

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