- Well located Town Centre Office Premises.
- Mixture of cellular and open-plan space. Total NIA approximately 169.6 sq m (1,825 sq ft).
- Available by way of a new internal repairing and insuring sub-lease. Rent includes utilities and contributions towards external repairs and buildings insurance.
- Own entrance, Kitchen and WC facilities.
TOWN CENTRE OFFICE SPACE
FIRST FLOOR, 1 MINT LANE, LINCOLN, LN1 1UD
RENT: £25,000 P.A.X. LEASEHOLD - 1,825 SQ FT / 169.6 SQ M
About this property
A good quality first floor Office Suite with its own entrance from Mint Lane. Part of the space is currently divided creating six private offices around an open-plan area which benefits from high ceilings and large windows providing good natural light.
Lincoln is a Cathedral City 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 subject property is located in the heart of the City centre just off the High Street and is approximately 0.4 miles from Lincoln Central Railway Station.
The property provides the following accommodation and has been measured in accordance with IPMS 3 - Office:
Description m2 Sq.ft.
Office Space 164.7 1,773
Kitchen 4.9 53
WC's - -
Total NIA 169.6 1,825
The Office Suite is assessed for Business Rates under the 2017 Rating List as Offices & Premises with a Rateable Value of £16,750. This assessment will increase to £17,750 with effect from 1st April 2023. Prospective tenants are advised to check the level of Business Rates payable prior to entering into a commitment to take a new sub-lease in respect of this property. Lincoln City Council Tel: 01522 881188.
We understand that mains electricity, water and drainage are connected to the subject property.
Prospective tenants are advised to check upon the adequacy and provision of services within the relevant Statutory Authorities prior to making an offer to take a new sub-lease in respect of this property.
Strictly by appointment with the Sole Agents.
For further information or to arrange a viewing please contact:
All rent quoted is exclusive of, but may be liable to, VAT at the prevailing rate. Brown & Co / JHWalter have been advised by the client that they have not elected to charge VAT.
As is usual the ingoing tenant will be responsible for our clients' reasonable legal fees incurred in this transaction.
TOWN AND COUNTRY PLANNING
The premises have been used as offices for a number of years and, as such, have an established use covered by Use Class E.
The property has an EPC rating of D94.
LEASED RENTAL TERMS
A new internal repairing sub-lease is available at a rent of £25,000 per annum exclusive.
The rent includes sub-tenants contribution towards electricity, gas, central heating, water/drainage, external repairs and buildings insurance.
To arrange a viewing contact
Brown&CoJHWalter, 5 Oakwood Road, Lincoln, Lincolnshire, LN6 3LH
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