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House of Fraser 226-231 High St 2,411 sq ft of Retail Space Available in Lincoln LN2 1AY
Highlights
- Strong secondary trading location at the northern end of Lincoln High Street
- High Footfall
- Frontage to the High Street
Space Availability (1)
Display Rent as
- Space
- Size
- Term
- Rate
- Type
| Space | Size | Term | Rate | Type | ||
| Ground | 2,411 sq ft | 15 Years | £35.26 /sq ft pa £2.94 /sq ft pcm £85,000 pa £7,083 pcm | Fully Repairing & Insuring |
Ground
The property comprises a prominent ground floor lock up retail unit, occupying the north eastern corner of part of the ground floor of the former House of Fraser Department Store, which has now been let to Mountain Warehouse. The property has a glazed frontage to the High Street and, internally, has been left in an enhanced shell specification ready to take an ingoing occupiers’ fit out. The unit is situated in a strong secondary trading location at the northern end of Lincoln High Street, close to a wide variety of national, regional and local retail and restaurant occupiers. In addition, there is up to 40,000 sq ft available on the first and second floors. Further information is available on request. The property is available To Let by way of a new lease drawn on the equivalent of Full Repairing and Insuring terms by way of a service charge, for a minimum term of 15 years, subject to 5 yearly upward only rent reviews.
- Use Class: E
- Located in-line with other retail
- Security System
- Secure Storage
- Display Window
- Smoke Detector
- Glazed frontage to the High Street
- Ready for the ingoing occupiers’ fit out
- High Footfall
Service Types
The rent amount and service type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The service type will vary depending upon the services provided. Contact the listing agent for a full understanding of any associated costs or additional expenses for each service type.
1. Fully Repairing & Insuring: All obligations for repairing and insuring the property (or their share of the property) both internally and externally.
2. Internal Repairing Only: The tenant is responsible for internal repairs only. The landlord is responsible for structural and external repairs.
3. Internal Repairing & Insuring: The tenant is responsible for internal repairs and insurance for internal parts of the property only. The landlord is responsible for structural and external repairs.
4. Negotiable or TBD: This is used when the leasing contact does not provide the service type.
Property Facts
| Total Space Available | 2,411 sq ft | Net Internal Area (NIA) | 78,628 sq ft |
| Property Type | Retail | Year Built | 1974 |
| Property Subtype | Department Store |
| Total Space Available | 2,411 sq ft |
| Property Type | Retail |
| Property Subtype | Department Store |
| Net Internal Area (NIA) | 78,628 sq ft |
| Year Built | 1974 |
About the Property
The property comprises a corner building providing retail accommodation arranged over four floors. The property is located on the corner of Mint Street and the pedestrianised section of High Street. The town has excellent road communications, being located in close proximity to both the A1 (M) and the M1 motorway. Both of these major arterial routes are easily accessed via the A57 and the A46 which run directly into Lincoln. The A46, A57 and A15 also provide strong communication links to neighbouring towns of Scunthorpe, Grimsby and Newark-on-Trent.
- Security System
Nearby Major Retailers
Presented by
Company Not Provided
House of Fraser | 226-231 High St
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