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AGENT'S DETAILS


Retail Unit, The Carlton Centre, Outer Circle Road, Lincoln LN2 UX

To rent: £57,500.00 Per Annum|2543 Sq Ft|Retail, Leisure

PROPERTY DETAILS

TO RENT£57,500.00 Per Annum
SIZE2543 Sq Ft
ADDRESSRetail Unit, The Carlton Centre, Outer Circle Road, Lincoln LN2 UX
TYPERetail, Leisure
TENURETo Let
POSTED ON2nd November 2020

DESCRIPTION

Prime location on busy Retail Park/Neighbourhood Centre, largest retail development to the north of the City Centre serving large catchment, available on a new 10 year lease, occupiers on the park include Argos, Halfords, Dunelm Mill, Boots, Pets at Home, Shoezone, Costa Coffee, Poundstretcher, McDonalds and Peacocks

Unit 8B is centrally positioned in a prime location within the Carlton Centre, the largest commercial and shopping destination to the north of Lincoln City Centre, with over 10,000 people living within easy walking distance.

The shopping catchment covers the whole uphill area of the City and the numerous large and affluent villages to the north and east, including Nettleham and Welton.

Current occupiers within the retail park include Argos, Dunelm Mill, Halfords, Pets at Home, Poundstretcher, Boots, McDonalds, Shoezone, Costa and Peacocks.

Other occupiers within the Neighbourhood Centre to the rear include a Lincolnshire Co-operative Post Office and Convenience Store, Yorkshire Building Society, Co-op Travelcare and Betfred.

Other nearby occupiers include Lidl, B&M, JYSK and Tesco Superstore.

The Carlton Centre is located approximately 2 miles to the north of Lincoln City Centre on Outer Circle Road which forms part of the City’s inner ring road.

SERVICES
All mains services will be connected and available within the property.

Please note that these will not have been inspected and we would encourage interested parties to make their own enquiries with the relevant service providers.

TOWN AND COUNTRY PLANNING
We understand that the property has consent for uses falling within Class E (Commercial, Business and Services Uses) of the Town & Country Planning (Use Classes) Order 1987 (as amended).

Following changes to the Use Classes Order that came into effect on 1st September 2020, Class E now encompasses a number of uses including A1 (Shops), A2 (Professional & Financial Services), A3 (Restaurant & Café), B1 (Business) and D2 (Assembly & Leisure).

RATES
Charging Authority: City of Lincoln Council
Description: Shop and Premises
Rateable value: To be confirmed
UBR: 0.512
Period: 2020-2021

Multiplying the Rateable Value figure with the UBR multiplier gives the annual rates payable, excluding any transitional arrangements which may be applicable. For further information, contact the Charging Authority.

TENURE
The unit is available on a new lease for a minimum term of 10 years, subject to 5 yearly upwards only rent reviews.

The lease will be drawn on the equivalent of Full Repairing and Insuring terms subject to a two stage service charge. Further details are available on request.

RENT
£57,500 per annum exclusive

VAT
VAT will be payable at the prevailing rate in addition to the rent.

LEGAL COSTS
Each party is to be responsible for their own legal costs incurred in documenting the transaction.

VIEWING
To view the premises and for any additional information please contact the sole agents.

LOCATION

Location: Retail Unit, The Carlton Centre, Outer Circle Road, Lincoln LN2 UX

Lincoln Central (1.7 miles)

Hykeham (5.1 miles)

Saxilby (6.9 miles)

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