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14 The Strait 592 SF of Retail Space Available in Lincoln LN2 1JD



Highlights
- Surrounding businesses comprising a mixture of niche retailers, coffee shops and restaurants
- Occupies an excellent position on The Strait
- High footfall and tourist trade visiting Lincoln's Historic Cathedral Quarter
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| Ground | 592 SF | Negotiable | $77.03 CAD/SF/YR $6.42 CAD/SF/MO $45,604 CAD/YR $3,800 CAD/MO | Fully Repairing & Insuring |
Ground
The accommodation is largely open-plan comprising a ground floor retail/dining area extending to 226 sq.ft. In addition, there is an open-plan kitchen extending to 129 sq.ft and at first floor level there is further restaurant/retail accommodation extending to a further 237 sq.ft, along with ancillary customer and staff toilets and stores, resulting in a total floor area 778 sq.ft. The accommodation is refurbished and benefits from a gas fired central heating system.
- Use Class: E
- Located in-line with other retail
- Private Restrooms
- Display Window
- Smoke Detector
- Benefits from a gas fired central heating system
- Kitchen equipment and restaurant furnishings
- Open-plan kitchen
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 broker 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 | 592 SF | Gross Leasable Area | 778 SF |
| Property Type | Retail | Year Built | 1920 |
| Property Subtype | Storefront |
| Total Space Available | 592 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 778 SF |
| Year Built | 1920 |
About the Property
The property occupies an excellent position on The Strait (adjacent The Jews House Restaurant), a pedestrianised link between Lincoln's prime High Street and famous Steep Hill district, famed for its eclectic mix of boutiques and restaurants located within the historic tourist district of Lincoln. Lincoln has a population of around 130,000 residents and is a vibrant city which, in addition to its rich cultural history, has a vast growing University and other excellent facilities, resulting in Lincoln being a popular tourist destination and place to live. Surrounding businesses comprising a mixture of niche retailers, coffee shops and restaurants, taking advantage of the high footfall and tourist trade visiting Lincoln's Historic Cathedral Quarter. The property is currently trading as a restaurant and benefits from a gas fired central heating system and extraction equipment within the kitchen. The current business fixtures and fittings are available if of interest to ingoing Tenant including kitchen equipment and restaurant furnishings etc by separate negotiation and the opportunity to continue the current restaurant business. Further information is available on request.
- 24 Hour Access
- Storage Space
- Smoke Detector
Nearby Major Retailers
Presented by
14 The Strait
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