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RETAIL UNIT
121.40 sq m (1,307 sq ft)
UNIT 13, 5 ALEXANDER WALK
THE CARLTON CENTRE
OUTER CIRCLE ROAD
LINCOLN
LN2 4FJ
Not to Scale
NOT TO SCALE
SITE PLAN
INSERT PHOTO HERE
TO LET
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© Tele Atlas NV/Crown Copyright; Reproduced by Permission of Tele Atlas NV
LOCATION PLAN
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Mid terraced retail unit located on busy retail park/neighbourhood centre
Largest retail development to the north of the City Centre serving large affluent catchment
Occupiers on the park include Argos, Dunelm Mill, Halfords, Pets at Home, Poundstretcher,
Brantano, Boots, Lidl, McDonalds, Betfred, Peacocks, Costa Coffee, Co-op Travel and Food
Stores
Available on a new lease
Reconfigured and improved car parking arrangements
LOCATION
RATES
The property is situated within the neighbourhood element
of 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.
Charging Authority:
Description:
Rateable value:
UBR:
Period:
About 80% of the space within the retail park has now
been built, with only about 2,800 sq m (30,000 sq ft) still to
be built within Phase 4. Current occupiers within the retail
park include Argos, Dunelm Mill, Halfords, Pets at Home,
Poundstretcher, Brantano, Boots, Lidl, McDonalds, Costa
and Peacocks. The Neighbourhood Centre to the rear of
the park, within which the unit is located serves the 90
acres of housing on Bunkers Hill immediately to the east
and occupiers within this element of the park include a
Lincolnshire Co-operative Post Office and Convenience
Store, Norwich and Peterborough Building Society, Co-op
Travelcare and Betfred.
The Carlton Centre is located about 2 miles to the north of
Lincoln City Centre on Outer Circle Road which forms part
of the City’s inner ring road.
Lincoln City Council
Shop and Premises
£16,000
0.493
2015-2016
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 property is available on a new lease for a minimum
term of 10 years, subject to 5 yearly upwards only rent
reviews. The lease is drawn on the equivalent of Full
Repairing and Insuring terms subject to a two stage
service charge. Further details are available on request.
RENT
£16,950 per annum exclusive
VAT
PROPERTY
A mid terraced two storey retail unit laid out to provide a
ground floor retail unit with upper floor ancillary
accommodation, located on the walkway through from the
main car park which has recently been reconfigured to
increase capacity and improve circulation, to the large area
of housing behind.
80.55 sq m
40.89 sq m
121.40 sq m
EPC
An EPC is available.
LEGAL COSTS
ACCOMMODATION
Ground floor GIA
First floor GIA
TOTAL GIA
VAT will be payable at the prevailing rate in addition to the
rent.
(867 sq ft)
(440 sq ft)
(1,307 sq ft)
SERVICES
All mains services will be connected and available within
the property.
The ingoing tenant will be responsible for the Landlord’s
reasonable legal costs incurred in the preparation and
grant of the lease.
VIEWING
To view the premises and for any additional information
please contact the sole agents.
TOWN AND COUNTRY PLANNING
Contact:
Tel:
Natalie Davies or James Butcher
01522 544 515
The unit benefits from an Open A1 (Retail) consent under
the Town & Country Use Classes Order (1987) as
amended.
Email:
natalie.davies@bankslong.com
james.butcher@bankslong.com
Ref:
JRB/EC/M380-U13/D15
The property is not listed and nor is it located within a
Conservation Area.