34 Silver Street, Lincoln
£17,500 pa
To Let











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Property summary
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William Downing
BSc (Hons) MRICS FNAEA MIoD MARLA FNAEA (Comm)
Director
More about the property
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.
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Accommodation
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.
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 Cross. Lincoln is 142m north of London, 75m from Leeds, 52m from Leicester, 36m from Nottingham, 60m from Peterborough and 48m from Sheffield.
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 Cross. Lincoln is 142m north of London, 75m from Leeds, 52m from Leicester, 36m from Nottingham, 60m from Peterborough and 48m from Sheffield.
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
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.
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.
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.
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.
The property has an CEPC rating of D.
LOCAL AUTHORITY
Lincoln City Council 01522 881188
Lincoln City Council 01522 881188
VAT
The rent is exclusive of VAT at the appropriate rate
The rent is exclusive of VAT at the appropriate rate
VIEWING
The property can be accessed by appointment through the agents Lincoln office, Pygott & Crone, 21 The Forum, North Hykeham, Lincoln, LN6 6HW TEL 01522 536777
Ask for William Downing, Jamie Thorpe or Jasper Caudwell.
The property can be accessed by appointment through the agents Lincoln office, Pygott & Crone, 21 The Forum, North Hykeham, Lincoln, LN6 6HW TEL 01522 536777
Ask for William Downing, Jamie Thorpe or Jasper Caudwell.