Mundys Property Listings

Featured
£5,100

To Let – Retail/Office

High Street, Bassingham, Lincoln

LOCATIONBassingham is located approximately 10 miles south of Lincoln and 9 miles north east of Newton-on-Trent. The property is located within the centre of the village along High Street and is well-known to all Residents, being the former Post Office.
For satellite navigation purposes, please use the postcode LN5 9JZ
DESCRIPTIONBUSINESS UNAFFECTED – Detached Retail Premises within Popular Village Location. This ground floor retail outlet has been recently refurbished and is very well-presented throughout. The property benefits from being prominently positioned on the High Street, within the particularly popular village of Bassingham, which is a vibrant community with a range of local shops and small businesses. This property is considered suitable for a variety of retail uses.
This compact retail unit is principally open-plan comprising; a sales area with double-frontage windows and a central entrance door. The sales area has LED strip lighting, carpet tile flooring and blinds to the windows. To the rear of the sales area is a lobby/store and WC compartment.
ACCOMMODATIONMain Sales Area (3.9m x 5.6m)
WC Compartment & Rear Store/Lobby (Accessed directly off Sales Area)
SERVICESMains electricity, water and drainage are understood to be connected to the property. There is electric wall heating and a water heater over the sink to the WC Compartment.
EPC Energy Rating – Not Applicable
TERMSThe property is available To Let for a term of years to be agreed at an annual rental of £5,100 per annum (£425 pcm). The rent is exclusive of utility costs and Business Rates, if applicable.
OUTGOINGSRateable Value: £2,500
Given current Small Business Incentives, it is unlikely that the ingoing Tenant will be required to pay Business Rates, but interested parties should make their own enquiries
LEGAL COSTSThe ingoing Tenant will be responsible for a Referencing Fee of £100 inc VAT, together with the Landlord’s reasonable legal costs for the production of a Lease.
VIEWINGVia Mundys Commercial – 01522 566088.

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£12,900

To Let – Offices

Carholme Road, Lincoln

LOCATIONFrom Lincoln City Centre, Carholme Road (A57) is the main arterial route on the western fringe of the City Centre, providing a direct link between the City and A46 Bypass. The property is located within walking distance of the City Centre, surrounded by a variety of office and residential uses, within close proximity of the University of Lincoln.
DESCRIPTIONThis recently refurbished office building offers extensive office space at ground and first floor level, which has been recently refurbished to a high standard throughout to include gas fired central heating, uPVC double glazing and perimeter trunking for data cabling etc. At ground floor level, there is a large sales office together with two further offices to the rear. To the first floor, there are two further offices together with a kitchen and shower room/WC facilities. The overall floor area extends to 86.9 sq.m (935 sq.ft).
This very well-presented and recently refurbished office property provides accommodation at ground and first floor level. The ground floor office space is considered essentially suitable for retail uses (subject to any necessary Planning Permissions).
All five offices within the building are finished to a high standard, benefitting from uPVC double glazed windows, gas central heating and perimeter trunking for data cabling etc.
The property benefits from being prominently located on Carholme Road (A57) on the western fringe of Lincoln City Centre. The accommodation is considered ideally suitable for professional services (Solicitors, Accountants, Architects etc), but could also be suitable for other retail and office uses.
ACCOMMODATIONGround Floor:
Front Office – 4.6m x 4.5m
With uPVC double glazed retail frontage, radiator and perimeter trunking.
Rear Office 1 – 4.6m x 3.6m
Rear Office 2 – 2.1m x 6.9m
Providing access to an enclosed rear yard area.
First Floor:
Front Office – 4.6m x 3.7m
Rear Office – 3.5m x 2.8m
Kitchen – 2.2m x 3.8m
Fitted with a modern range of units.
Shower Room/WC
In addition, there is a storage cupboard off the first floor landing area. The internal floor area is calculated to be 86.9 sq.m (935 sq.ft).
SERVICESMains drainage, gas, electricity and water are all understood to be connected. Gas fired central heating systems are installed serving radiators throughout.
EPC Rating to follow.
TERMSThe property is available to let under the terms of either an assignment of the existing Lease or alternatively, a renewed Lease direct from the Landlord. The current rent is £12,900 per annum. The current Lease expires on 10th June 2026. Further details are available on request.
The ingoing Tenant is responsible for the Agent’s referencing fees (£100 inc VAT), together with the legal costs associated with the assignment of the existing Lease or a new Lease.
OUTGOINGSRateable Value – £3,350
In the event that a full rating liability is required, the current rates payable would be £1,600 (Rate to the pound for 2017/18 is 47.9 pence).
Prospective Tenants are likely to qualify for Small Business Rates Relief which, under the current framework, would give up to 100% exemption of rates liability, but interested parties should make their own enquiries.
VATVAT may be applicable.
VIEWINGVia Mundys Commercial – 015225 66088

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Featured
£25,000

A5 – Take Away Business For Sale

Scorer Street, Lincoln

LOCATIONThe property is located on the corner of Scorer Street and Cross Street. Scorer Street is located directly off Lincoln High Street and Cross Street provides direct access to Lincoln City Football Club Ground. In addition, the premises are located within a densely populated residential district, providing an excellent catchment area.
DESCRIPTIONThis fully equipped Fish & Chip Shop is located within a densely populated residential district and close to Lincoln City Football Ground and benefits from having an excellent reputation and trading history. The ground floor premises are available on Lease and the business is fully equipped. In addition to a healthy turnover, the business benefits from a ‘Food Hygiene Rating of 5’.
The ground floor premises have been refurbished in recent years and are well-presented, having a Sales Area with seating open-plan to the principal Kitchen equipped with Food Preparation Rooms and Stores, together with a WC Compartment.
The overall Gross Internal Floor Area extends to 43.7 sq.m (470 sq.ft).
The long-established business enjoys a healthy, steadily increasing turnover and profitability. Further information is available on request.
ACCOMMODATIONThe ground floor premises briefly comprise;
Sales Area – 3.8m x 3m
With breakfast bar style seating areas and uPVC double glazing.
Cooking Area – 2.5m x 4.8m
Fitted with a full frying range and ancillary catering equipment and storage areas off.
Preparation Area 1 – 1.7m x 3.1m
Fully equipped to include a freestanding oven and microwave, sink unit and refrigeration equipment.
Preparation Area 2 – 2.9m (max) x 2.7m
Incorporating further food preparation space, catering equipment and refrigeration/freezer units. There is also access to an enclosed rear yard area and a Staff WC.
SERVICESMains electricity, gas, water and drainage are all understood to be connected.
EPC Rating – D
TERMSThe property is available to let under the terms of a new Lease for a period of six years, subject to a rent review at the end of the third year. The rent is £8,000 per annum, payable monthly in advance.
The ingoing Tenant will be responsible for a reference fee of £100 inclusive of VAT, together with a contribution towards the Landlord’s legal costs in preparing a Lease of £250 inclusive of VAT.
OUTGOINGSRateable Value £2,750. In the event that a full rating liability is required, the current rates payable would be £1,317.25 (Rate to the pound for 2017/18 is 47.9 pence).
Prospective Tenants are likely to qualify for Small Business Rates Relief which, under the current framework, would give up to 100% exemption of rates liability, but interested parties should make their own enquiries.
VATVAT may be applicable in addition to the rent and purchase price.
VIEWINGBy prior appointment through Mundys Commercial.

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Featured
£19,500

Offices, A1 – Centre, A2 – Financial Services

Silver Street, Lincoln

LOCATIONThe property is prominently positioned, being located centrally along Silver Street, which is particularly popular with Estate Agents, Solicitors and other professional services providers, together with a range of leisure operators.
The Cathedral City of Lincoln is the major administrative and shopping centre within Lincolnshire having a resident population in the region of 95,000.
DESCRIPTIONThis is a rare opportunity to acquire a substantial, prominently located Three-Storey City Centre Property which has, until recently, been trading as an Estate Agency Office. The property is, however, considered suitable for a variety of alternative business uses. The ground floor workspace which includes ancillary office accommodation extends to circa. 100 sq.m (1,076 sq.ft). In addition, there are offices at first and second floor level, together with ancillary Kitchen and WC facilities which extend, in total, to a further 123 sq.m (1,324 sq.ft), which can be sublet, if required, having the benefit of a separate access on Silver Street.
This prime office/retail building is well-presented throughout, having open-plan ground floor accommodation, together with ancillary offices and access to a large dry basement, whilst at first floor offices there are six generously proportioned offices, together with ancillary kitchen and WC facilities at second floor level. The upper floor offices have the advantage of being accessible via a second entrance onto Silver Street and are therefore capable of being sublet, if required.
The ground floor accommodation is air-conditioned and the entire building has the benefit of a gas fired central heating system serving radiators throughout.
ACCOMMODATIONGround Floor
Sales Area/Reception – 10.1m x 7.2m
With suspended ceiling incorporating air-conditioning units providing an excellent environment for showroom/open-plan workspace.
Rear Office – 2m x 5.7m
With suspended ceiling tiles and radiator.
Additional Office/Staff Room – 3m x 4.6m
Accessed via a rear lobby giving access to an enclosed rear courtyard and access to the large cellar.
Cellar
The property benefits from having a large dry cellar suitable for use as storage areas, divided into various rooms but extending, in total, to provide a floor area of approximately 76.5 sq.m (823 sq.ft).
First Floor
Stairs/Landing
Office 1 to Front – 5.03m x 4.7m
Recently decorated with new carpeting, original fireplace, sash window and incorporating two radiators.
Office 2 to Front – 4.9m x 4.7m
Attractively presented and incorporating two sash windows and radiator.
Office 3 to the Rear – 2.9m x 5.2m
With wall and ceiling lights and radiator.
Second Floor
Office 4 to Front – 5m x 4.7m
Attractively presented with original disused Period fireplace and sash window and radiator.
Office 5 to Front – 4.9m x 4.7m
With radiator and two sash windows.
Office 6 to Rear – 2.9m x 5.2m
With sash window and radiator.
In addition to the office accommodation as described above, there are kitchen and WC facilities at second floor level.
Floor Areas
The floor areas as set out below are measured on a Net Internal Basis:
Ground Floor Showroom/Open Plan Office – 72.7 sq.m (783 sq.ft)
Rear Office – 11.4 sq.m (123 sq.ft)
Staff Room/Office – 13.8 sq.m (148 sq.ft)
First Floor Office Accommodation – 61.6 sq.m (663 sq.ft)
Second Floor Office Accommodation – 61.5 sq.m (662 sq.ft)
= 221 sq.m (2,379 sq.ft)
SERVICESMains electricity, water, drainage and gas are all connected to the property. A gas fired central heating system is installed serving radiators throughout and the ground floor office space also has the benefit of independent air-conditioning units.
EPC Rating – E.
TERMSThe property is available ‘To Let’ under the terms of a new Full Repairing & Insuring Lease for a term of years to be agreed, subject to three yearly Rent Reviews at an initial rent of £26,000 per annum, exclusive of Business Rates and all other outgoings.
The ingoing Tenant is responsible for the Estate Agent’s Referencing Fee, together with the Landlord’s reasonable legal fees for producing the Lease.
OUTGOINGSThe property is currently assessed as having three individual Rateable Values, the main building comprising ground floor basement and some upper floor accommodation has a Rateable Value of £19,750. In addition, two of the upper floor offices have separate Rateable Values being £1,925 and £2,100 respectively, given that they have previously been sublet. The ingoing Tenant will be responsible for reallocating the Rateable Values into a single unit, if required.
VATVAT may be applicable in addition to the rental levels as set out above.
PLANNINGThe Town & Country Planning
We are advised by the Local Planning Authority that the property has consent for uses falling within Class A2 (Professional Services) of The Town & Country (Uses Classes) Order 1987. The property is deemed appropriate for a range of office, retail and leisure uses, subject to receipt of the necessary Planning Permissions that may be required.
VIEWINGBy prior appointment with Mundys Commercial.

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Featured
£100,000

LIFEstyle Home and Giftware Business For Sale

Bailgate, Lincoln

LOCATIONLocated in the Bailgate Cathedral Quarter the shop enjoys the bonus of customer parking directly outside. The location includes being directly situated next to thriving local cafes, restaurants, bars, independent stores in the uphill shopping village of the Bailgate.
DESCRIPTIONFor the Lease and Business (plus stock at valuation)
We are pleased to offer a rare opportunity to purchase a successful store in Lincoln’s most sought after locations. LIFEstyle home and giftware is a well established business within the Bailgate Cathedral Quarter. The shop has a local client base, plus all year round tourism. The shop location also benefits from being in the heart of all uphill events including the lucrative Lincoln Christmas Market, which brings over 200,000 visitors to the Bailgate each year. Full business details are available to seriously interested prospective purchasers.
LIFEstyle prides itself on being a special shopping experience. The business benefits from having exclusive deals with big name brands that can only be found in high end department stores such as Neom Organic, LSA Glassware, Maxwell and Williams crockery and Lightstyle London.
The store is open between 9.30am – 5pm. However, this is flexible and during Christmas late night shipping and peak summer season, the shop opens later to maximise the sales opportunities.
The current owner has kept stock levels low and is able to move quickly for a prospective buyer, in order for them to maximise the up coming Lincoln Christmas Market. They are only looking to sell due to on-going professional overseas commitments.
ACCOMMODATIONBenefiting from a large modern glazed open shop frontage and having full disabled access, the shop consists off:
Store Room (2.7m x 1.5m) – Having access of the main retail space and leading to the W.C.
W.C (2m x 1.5m) – Having W.C and sink, plus extra storage room.
Retail Space A (4.9m x 5.2m) – The main shop floor area, having display units on all walls and a large front shop window.
Retail Space B (5.7m x 3.6m) – Located at the back end of the shop and having more display units on the walls and a till area. Also giving access into the store room.
SERVICESHaving water and electricity connected. Electricity is on a sub meter.
TERMSThe property is held on a Leasehold basis. The current Lease expires in March 2023 and the rent until that time is £18,000 p/a. Full details in respect of the tenancy agreement are available on request.
The stock is subject to a separate valuation.
The ingoing tenant is responsible for referencing fees in the sum of £100 in VAT.
The ingoing tenant is responsible for the landlords reasonable legal costs for transferring ownership of the existing lease.
The current lease has recently been renewed, offering a 5 year term with a secured right to renew, sub let or re assignment.
OUTGOINGSRateable Value – £16,000
In the event that a full rating liability is required, the current rates payable would be £7664 (Rate to the pound for 2017/18 is 47.9 pence).
Prospective Tenants are likely to qualify for Small Business Rates Relief which, under the current framework, would give up to 100% exemption of rates liability, but interested parties should make their own enquiries.
VATVAT may be applicable in addition to the sale price.
VIEWINGViewing via prior arrangement through Mundys on 01522 556088

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Featured
£59,500

A5 – Take Away Business For Sale

Burton Road, Lincoln

LOCATIONThe property is located centrally on Burton Road, an established and busy mixed commercial/residential district, within the ever popular uphill district of Lincoln, convenient for all of Lincoln’s tourist attractions including the Cathedral, Castle and Bailgate/Steep Hill shopping districts. The area is also densely populated, being a prosperous residential area.
DESCRIPTIONProminently located on the popular and vibrant Burton Road Shopping Area, we are pleased to offer for sale this established and thriving Hot Food Takeaway Business, with living accommodation above. The property is held on Lease with 17 years remaining on very competitive Lease terms and the business has successfully traded for many years and offers further potential for expansion. The premises are fully equipped and in addition to the ground floor takeaway premises, the property has the benefit of first floor living accommodation.
The premises comprise a ground floor hot food takeaway facility comprising a spacious Reception/Seating Area, together with a fully equipped Kitchen, Preparation Rooms and refrigerated storage.
At first floor level, there is a Living Room, Bedroom and Bathroom/WC combined.
The business accommodation is fully equipped with a range of catering equipment and a full inventory of fixtures and fittings is available.
The business has been successfully trading for a number of years and financial accounts are available to all seriously interested parties. The business has the benefit of a 4* Food Hygiene Rating.
ACCOMMODATIONThis briefly comprises;
Ground Floor:
Retail Area/Reception – 3.5m x 3.8m.
Equipped with a serving counter, laminate flooring and a seating area.
Kitchen – 3.6m x 3.8m
Fully equipped to catering standards, having a tiled floor and stainless steel equipment including gas burners with extractor hood and ovens.
Preparation Room 1 – 1.8m x 4m
Once again, fully equipped with stainless steel catering equipment.
Preparation Room 2 – 1.6m x 3m
Also finished to a catering standard, with tiled floor and stainless steel sink units and associated fixtures.
Externally, there is a refrigeration unit and a large, secure store, all located to the rear.
First Floor:
Living Room (to front) – 3.6m x 3.6m
With bay window overlooking Burton Road.
Rear Lobby and Bedroom – 3.6m x 3.9m.
Bathroom/WC – 1.8m x 4m
Fitted with a three piece white suite comprising; panel bath, pedestal wash hand basin and shower unit.
SERVICESMains drainage, gas, electricity and water are all understood to be connected.
EPC Rating to follow.
TERMSThe property is available by way of assignment of an existing Lease, which expires on 3rd July 2034. The current Passing Rent for the entire building is £9,000 per annum and the next Rent Review date is 31st May 2021. Further details are available on request.
The ingoing Tenant will be responsible for a referencing fee in the sum of £100 inc VAT, together with a contribution towards the Landlord’s reasonable legal costs associated with the assignment of the Lease.
OUTGOINGSThe current Rateable Value is £3,400.
In the event that a full rating liability is required, the current rates payable will be in the region of £1,630 per annum. Prospective Tenants are, however, likely to qualify for Small Business Rates relief which, under the current framework, would give up to 100% exemption of rates liability. Interested parties should make their own enquiries.
VATVAT may be applicable in addition to the purchase price.
VIEWINGBy prior appointment through Mundys.

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£57,500

A5 – Freehold Take Away For Sale

Victoria Road, Mablethorpe

LOCATIONVictoria Road is one of the prime retail areas within Mablethorpe Town Centre, being close to its junction with High Street.
Mablethorpe is a popular Town along the Lincolnshire Coast, having a population of 10,000 and an excellent range of amenities. The Town is thriving during the summer months due to the influx of holiday makers.
DESCRIPTIONThis well-presented, prominently located Retail Unit has the benefit of Planning Consent for Retail or Hot Food Takeaway Uses and is situated within the popular holiday resort of Mablethorpe. The property provides a total floor area of 25.4 sq.m (273 sq.ft).
ACCOMMODATIONPrincipal Sales Area – 2.7m x 6m
Fully equipped to catering standards with panelled walls and stainless steel extractor unit, together with non-slip flooring and LED lighting. The frontage is finished in uPVC having the added benefit of a serving hatch and remote controlled security roller shutter.
Preparation Area – 2.7m x 2.4m
Finished to a similar high specification catering standard, with stainless steel sinks, work surfaces and wash hand basin.
A mezzanine storage area is located above the rear lobby and WC, which runs across the rear of the property and gives access to a shared enclosed rear courtyard, suitable for refuse storage.
Outside
To the front of the property, there is the benefit of an open-plan courtyard area, with fixed customer seating.
SERVICESMains electricity, water and drainage are understood to be connected. Some additional installations internally are also included, such as a water filter and built-in fat trap as required by Hygiene Standards within the Food Preparation Area.
EPC Rating – E
TERMSThe property is understood to be held on a Freehold basis and is being offered with Vacant Possession.
OUTGOINGSThe Rateable Value is currently assessed as being £4,950, however, under current Small Business Relief incentives, 100% Rates Relief is likely to be available. Further enquiries should be made with East Lindsey District Council.
VATAll figures within this brochure exclude VAT, which may be applicable.
VIEWINGBy prior appointment through Mundys Commercial – 01522 556088.

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Featured
£37,500

Coffee Shop Business For Sale – Price Reduced!

Newport, Lincoln

LOCATIONThe business is prominently located, adjacent to the historic Newport Arch, providing an entrance to the Bailgate Shopping Area, one of Lincoln’s most historic streets, with a range of independent boutiques, shops and restaurants.
DESCRIPTIONLocated just off the Bailgate within a highly prominent location, we are delighted to offer for sale this beautifully equipped Coffee Shop Business, which has become popular with local residents and tourists, given that it is situated in a prime residential area, close to the Bailgate and tourist attractions including the Cathedral and Castle. In addition to the busy daytime trade, there is potential to extend opening hours to further grow income, if desired.
The current owners have created a highly successful coffee shop and eatery, which is fully equipped to professional catering standards and fitted-out to a style and contemporary specification, which can accommodate approximately 18 covers internally, together with a further external seating area providing an additional 10 covers, which could be extended if required.
In addition to the main open-plan Kitchen and Dining Area, there is a useful storeroom and customer WC fitted to a high specification.
A full inventory of fixtures and fittings is available on request to interested parties.
ACCOMMODATIONThe ground floor premises comprise;
Large open-plan Kitchen and Dining Area – 6.1m x 4.8m
Fully furnished with tables and chairs including three bar stools and a window seating area.
There is also a Store Room and Customer WC located to the rear.
In addition to the indoor seating area, a further set of bistro tables and chairs provide outdoor seating for 10 visitors, but this could be increased, if required.
SERVICESMains electricity, water and drainage are connected.
EPC Rating – C.
TERMSThe property is available ‘To Let’ under the terms of the existing three year Lease covering this self-contained ground floor retail unit. The rent payable is £7,500 per annum and rent is paid monthly in advance. Further information in respect of the Lease terms is available on request.
The ingoing Tenant will be responsible for a referencing fee in the sum of £100 inc VAT, together with the Landlord’s reasonable legal costs associated with the assignment of the Lease.
OUTGOINGSRateable Value of £4,850.
In the event that a full rating liability is required, the current rates payable would be £2,323.15 (Rate to the pound for 2017/18 is 47.9 pence).
Prospective Tenants are likely to qualify for Small Business Rates Relief which, under the current framework, would give up to 100% exemption of rates liability, but interested parties should make their own enquiries.
VATVAT may be applicable in addition to the sale price.
VIEWINGBy prior appointment through Mundys Commercial – 01522 556088.

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£580,000

Residential (land)

Boultham Park Road, Lincoln

DESCRIPTIONFull Planning for mixed-use commercial and 14 residential dwellings – Land for sale within Lincoln City in an area with a new hive of activity. The land fronts Boultham Park Road and is situated on the old Victory public house site. The land has full planning permission granted under application number 2015/0038/F. The site is prime, for immediate development, as the current vendor has carried out the necessary works to enable any developer to commence their build.
The site is a mixed use site, with the following units granted…
Fronting Boutlham Park Road is a block of units consisting of four commercial units with parking with A2 and B1 usage and a further eight two bedroom apartments above with garage and are of duplex style living and roof terraces.
The second block is a coach house style block with parking beneath for the commercial units and two apartments above with garages.
The rear third block is a row of four two bedroom town houses, these are three-story houses and come with garages.
TERMSThe land is believed to be owned upon a Freehold basis.
VIEWINGBy prior appointment through Mundys.

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£350,000

Offices For Sale or To Let

Low Moor Road, Lincoln

LOCATIONLocated just off Doddington Road in Lincoln, giving easy access on to the A46, the centre of Lincoln or North Hykeham.
DESCRIPTIONWe are pleased to offer for sale or to let this well-presented office building extending to 255.66 meters sq. (2751 sq. ft.) (Measured on a Net Internal Floor Area basis). This detached building comprises of a reception area, seven offices of which the main office can be separated into 3 more offices with the use of the bi-folding doors, kitchen area, toilet facilities, store room and server room having air conditiong and gas central heating. The unit sits within landscaped grounds and includes a car park which provides 18 spaces for staff and customers.
ACCOMMODATIONEntrance Porch – Having two double glazed front doors and a further two double glazed doors giving access into reception both doors having roller shutters, key code entry pad, door bell, alarm control panel, fire alarm control panel, post box, radiator and two double glazed windows.
Reception (5.5 x 5.4) – Having carpet, 2 uPVC double glazed windows, radiator x2 and air conditioning unit.
Office 1 (6.6 x 5.5) – Having carpet flooring, 4 uPVC double glazed windows and air conditioning unit.
Office 2 (6.2 x 4.7) – Having carpet flooring, air conditioning unit, radiator x2, fire exit door with roller shutter, 2 uPVC double glazed windows.
Office 3 (3.3 x 3.3) – Having carpet flooring, 1 uPVC double glazed window and air conditioning unit.
Office 4 (4.2 x 5.6) – Having carpet flooring, radiator and giving access into the store room.
Store Room – Having tiled flooring, electricity consumer unit and 2 wall mounted boilers.
Hallway – Having carpet flooring, radiator, access to toilets, stairs to first floor landing and fire exit door with roller shutter.
Toilets – Male and Female facilities both having tiled flooring, wash hand basin with tile surround, radiator, extractor fan and W.C.
First Floor Landing – Having carpet, uPVC double glazed windows, wall mounted cupboards, stairs to ground floor and access to toilets.
Toilets – Male and Female facilities both having tiled flooring, wash hand basin with tile surround, radiator, extractor fan and W.C.
Office 5 (4.2 x 5.6) – Having 3 uPVC double glazed windows, radiator, carpet flooring and air conditioning unit.
Hallway – Having carpet flooring, radiator and loft access.
Office 6 (11 x 5.6) – Having 3 separate access doors, carpet flooring, 7 uPVC double glazed windows, 3 air conditioning units, 2 radiators. This office also has two bi-folding doors which separates the one office into 3 smaller offices, which when separated all have their own access door.
Server Room (3.1 x 4.8) – Having carpet, radiator, uPVC double glazed window and air conditioning unit.
Kitchen – Having a range of eye and base units, sink and drainer with tiled surround, uPVC double glazed window, radiator and tiled flooring.
Office 7 (3.8 x 3.3) – Having carpet flooring, radiator, uPVC double glazed window and air conditioning unit.
Outside – Landscaped grounds and private parking with 18 spaces.
Overall the building is 255.66 meters sq. (2751 sq. ft.) measured on a Net Internal Floor Area basis.
SERVICESMains gas, water, drainage and electricity are all connected to the building.
TERMSThe property is held on a Freehold basis and is available either for sale or to let.
In the event of a Lease, the property will be let for a term of years to be agreed at an annual rental of £28,500. The property will be let on a Full Repairing & Insuring Basis and the Tenant will be responsible for all other outgoings such as Business Rates, electricity, water and gas.
In the event of a Lease, the ingoing Tenant is responsible for the Estate Agent’s referencing fee together with the Landlord’s reasonable legal fees associated with producing the Lease. Further information is available on request.
OUTGOINGSRateable value of £28,052.
In the event that a full rating liability is required, the current rates payable would be £13,437 per annum (Rate to the pound for 2017/18 is 47.9 pence).
VATVAT may be applicable in addition to the sale price/rent at the prevailing rate.
VIEWINGBy prior appointment through Mundys Commercial on 01522 556088

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£200,000

A4-Pubs/Bars/Clubs, Residential, Commercial

High Street, Blyton, Gainsborough

LOCATIONThe village of Blyton is a popular residential area, with a thriving community and a population of circa. 1,450 residents.
DESCRIPTIONWe are pleased to offer for sale this very competitively priced Public House, with living accommodation and ancillary detached bungalow, which is being offered as a fully equipped, trading family-run Village Pub, with excellent expansion possibilities, prominently located within the popular village of Blyton
This well-presented Public House is fully equipped internally with the welcoming bar/lounge area to the front and a large function room/dining room to the rear, which has also been used as a snooker room. At first floor level, there is generously proportioned three bedroomed living accommodation and externally, there is a large car park with covered smoking/seating area and further outdoor dining/play areas. In addition, the property has the added benefit of a detached bungalow, providing refurbished one bedroomed living accommodation, currently generating a healthy income.
ACCOMMODATIONGROUND FLOOR
Principal Bar Lounge Area – 10.5m x 4m
A large open-plan space, with feature fireplace and bar.
Dining Room/Function Room – 6.1m x 9.5m
Attractively furnished and, once again, having a feature fireplace and wood-burner.
Kitchen & Preparation Room – 6.2m x 1.6m
Fitted to catering standards and incorporating a further store room off.
In addition, there are Male & Female WC Facilities, together with a Beer Cellar and access to the outdoor smoking area, having the benefit of a polycarbonate sheet roof and outdoor fireplace/barbeque.
FIRST FLOOR
Stairs/Landing.
Living Room – 4m x 4m
With electric fire in surround and access to a balcony area looking across the rear.
Kitchen – 2.3m x 3m
With a range of wall and base units and uPVC double glazing.
Bedroom 1 (To the Front) – 3.7m x 4m
With radiator and uPVC double glazing.
Bedroom 2 (To the Rear) – 3.3m x 2.8m
With radiator and uPVC double glazing.
Bedroom 3 (To the Rear) – 4.3m x 3.5m
With built-in wardrobes, radiator and uPVC double glazing.
Study/Office – 1.7m x 4.5m
With radiator and uPVC double glazing.
Bathroom/WC
Fitted with a white suite incorporating a shower over the bath, radiator and uPVC double glazing.
SERVICESMains drainage, LPG gas, electricity and water are all understood to be connected to the property. An oil-fired central heating system is installed serving radiators throughout the ground and first floor accommodation.
EPC Rating – C.
TERMSThe entire property is available for sale on a Freehold basis, with Vacant Possession. The detached annex bungalow to the rear is currently let under the terms of an Assured Shorthold Tenancy agreement, generating an income of £450 pcm. Further details are available on request.
OUTGOINGSTo be confirmed.
Prospective Tenants are likely to qualify for Small Business Rates Relief which, under the current framework, would give up to 100% exemption of rates liability, but interested parties should make their own enquiries.
VATVAT may be applicable in addition to the sale price.
PARKING NOTESAmple parking
VIEWINGViewings by prior appointment through Mundys Commercial – 01522 556088

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£50,000

Fully Equipped Laundry Business For Sale

High Street, Lincoln

LOCATIONThe property is prominently located on High Street, close to the Portland Street junction and is situated in-between the side streets of King Street and Chaplin Street. The property is therefore within close proximity and walking distance of the City Centre.
DESCRIPTIONFor the Lease, Business and all Business Equipment – This newly refurbished property has recently been fully equipped and set up as a Laundry Business and all fixtures and fittings including washing machines and tumble dryers are included in the sale. The property is prominently located on High Street, within a busy retail district and also benefits from being within close proximity within a densely populated residential area and therefore has excellent potential for growth.
The property was refurbished approximately 12 months ago and fully equipped to commence trading as a Laundrette. Over the past year, the owners have experienced significant growth in turnover and are of the opinion that there is further potential for increased trade. The premises are equipped to a high standard, with tiled floors, panelled walls and there are 8 industrial specification washing machines, 2 of which are extra large to accommodate bulky loads. There are a further 5 heavy duty, industrial grade tumble dryers. In addition to the main public Reception Area, there are Stores and Staff Rooms/WC Facilities to the rear of the premises.
The main Reception Area extends to 30.7 sq.m (330 sq.ft) and in addition the Stores, Staff Areas and WC Facilities provide for a further 8 sq.m (85 sq.ft) of floor area.
SERVICESMains electricity, water and drainage are understood to be connected.
EPC Rating – B.
TERMSThe property is available under the terms of a Lease for a term of 3 years commencing 1st April 2017 at an annual rental of £6,000, exclusive of utility bills and Business Rates.
OUTGOINGSThe Rateable Value is £6,700.
In the event that a full rating liability is required, the current rates payable would be £3,209.30 (Rate to the pound for 2017/18 is 47.9 pence).
Prospective Tenants are likely to qualify for Small Business Rates Relief which, under the current framework, would give up to 100% exemption of rates liability, but interested parties should make their own enquiries.
VATVAT may be applicable, in addition to the sale price at the prevailing rate.
LEGAL COSTSThe ingoing Tenant is responsible for the Landlord’s reasonable costs for the assigning/restructuring the Lease, together with the Agent’s referencing fee. Further details are available on request.
PARKING NOTESThe property has the benefit of short-stay parking immediately in front of the building, along High Street.
VIEWINGBy prior appointment via Mundys Commercial – 01522 55688.

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£225,000

SOLD S.T.C – Investment Property

High Street, Lincoln

LOCATIONThe property is prominently located on the southern section of High Street, approximately one mile south of the City Centre within a busy commercial/residential district.
ACCOMMODATIONThe ground floor accommodation comprises a sales area, fully equipped kitchens and preparation rooms. The living accommodation is self-contained, having separate access from the rear. At first floor level there are two reception rooms. kitchen and bathroom/WC. At second floor level, there are two bedrooms.
There is also the option to purchase additional land to the rear which has Planning Permission for the erection of a single storey industrial building (Application No: 217/0502/FUL). Further details are available on request.
TERMSTenure
The Freehold property, subject to the existing tenancy as described above, is being offered.
Lease Terms
The entire property is currently let under the terms of a ten year Lease commencing 26th October 2011. The Passing Rent is £18,750 per annum, representing a yield of 8.3%. Full details are available on request.
OUTGOINGSRateable Value £6,400
VATVAT may be applicable in addition to the sale price at the prevailing rate.
PLANNINGClass A5 (Hot Food & Takeaway) and Residential
VIEWINGBy prior appointment via Mundys Commercial – 01522 556088.

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£775,000

Offices, B8 – Warehouse / Distribution

Old Wood, Skellingthorpe, Lincoln

LOCATIONSkellingthorpe is located very close to the A46 Western Lincoln Bypass, and the property is on the outskirts of the village. It occupies a very substantial site of 2 acres and provides warehousing and office space.
DESCRIPTIONWe are pleased to offer this fantastic opportunity to purchase a substantial warehouse/light industrial building which provides an overall floor area of 1,565 sq.m (16,850 sq. ft). comprising a three-bay warehouse/industrial unit together with well-presented office accommodation with training facilities. Also boasting ample parking, loading areas and a large outdoor area providing expansion potential. The overall size of the site extends to 2 acres.
ACCOMMODATIONBay 1 – (14.4m x 25.4m) – Built-in full height with brick and a corrugated steel roof, having loading doors to the front and rear, sodium lighting and headroom of 5.3m.
Bays 2 and 3 (29.7m x 25.5m) – Brick and block work elevations with part insulated roof, having headroom of 5.3m, sodium lighting and new LED lighting, three loading doors of which two are to the front (one sliding) and one to the rear.
Bay 4 – Set over two floors and divided into offices and having oil central heating. The Ground floor level comprises of; Reception (5.03m x 2.2m), Office 1 (13.28m x 4.5m), Office 2 (3.66m x 3.23m), Kitchen/Staff Room (4.5m x 2.97m), male and female W.C’s (8.3m x 6m), Training room, loading back (8.9m x 13.6) having loading door to the rear and 4.6m headroom.
The first floor level comprises of; Office 3 (4.62m x 3.23m), Office 4 (6.45m x 4.5m), Office 5 (6.55m x 4.5m), Office 6 (3.3m 6.4m) Kitchen (3.56 x 3.38m) and WC Compartment.
SERVICESMains electricity and water are available to the property. Drainage via septic tank. Oil Fired central heating system heats the offices.
EPC Rating – D.

TERMSFreehold
OUTGOINGSThe Rateable Value is £30,250 p/a.
In the event that a full rating liability is required, the current rates payable would be approx. £14,489 p/a (Rate to the pound for 2017/2018 is 47.9 pence)
VATVAT may be applicable in addition to the purchase price at the prevailing rate.
VIEWINGBy prior appointment through Mundys.

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£750,000

A3 – Restaurants / Cafes, Residential, Commercial

Boston Road, Heckington, Sleaford

LOCATIONThe property is located prominently on Boston Road (A17) within the village of Heckington, located approximately 8 miles east of Sleaford and 10 miles west of Boston.
Being located on a layby off the A17, this roadside café is particularly popular with holidaymakers travelling to Norfolk.
DESCRIPTIONWe are pleased to offer for sale this long-established and well-regarded Café with ancillary Bungalow, all occupying a large plot, understood to extend to circa. 1.3 acres. The roadside café has been fully refurbished by the current owners in recent years and includes fully equipped Catering Standard Kitchens, indoor seating for 60 diners together with outside seating, ancillary WC and Shower Room Facilities providing total floor area of 145 sq.m (1,560 sq.ft). In addition, there is a large well-presented attached bungalow comprising; Entrance Hall, Large Living Room, Fitted Kitchen, Three Double Bedrooms (Hand basin and WC to Master) and Family Bathroom/WC combined.
The café premises and indeed the adjoining bungalow have all been refurbished to a high standard by the current owners. The café premises comprise; three interconnecting Dining Areas, with adjoining Kitchen and Preparation Areas, all fully equipped to catering standards. Also accessible via the Entrance Lobby are Male, Female and Disabled Access WC Facilities, together with Two Shower Rooms, which have also been recently fitted to an excellent standard. The premises have been awarded the highest Food Hygiene Rating of 5 and has a Trip Advisor Rating of 4.5 as at the date of listing. The café has also been nominated and awarded top 10 position of Britain’s Classic Cafes, awarded by ‘Practical Classics’ Magazine in 2017.
The accommodation has the benefit of an oil-fired central heating system, serving radiators throughout the residential and business premises and in addition to the large gravelled parking area to the front, there are attractively landscaped lawns to the rear, which currently accommodate six disused kennels providing further business opportunities to prospective purchasers.
The living accommodation is self-contained from the café and comprises; Entrance Hall, Large Living Room overlooking the gardens to the rear, a modern fitted Kitchen, Three Bedrooms (Hand basin and WC to Master) and a newly fitted Four Piece Bathroom Suite.
The living accommodation floor areas are set out below:
Living Room – 6.1m x 6.1m
Kitchen – 4.5m x 2.7m
Bedroom 1 – 4.5m x 3.2m
Bedroom 2 – 4.5m x 3m
Bedroom 3 – 4.5m x 3m
Bathroom/WC – 4.5m x 2.2m
SERVICESMains, electricity and water are connected. Heating is provided via an oil-fired central heating system and drainage is to a private septic tank.
TERMSThe land and property are available on a Freehold basis.
OUTGOINGSThe Rateable Value is £14,000 per annum.
In the event that a full rating liability is required, the current rates payable would be £6,706 (Rate to the pound for 2017/18 is 47.9 pence).
The bungalow is Council Tax Band ‘B’.
VATVAT may be applicable in addition to the purchase price at the prevailing rate.
VIEWINGBy prior appointment with Mundys Commercial.

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£289,500

A1 – High Street, Residential Conversions

High Street, Waddington, Lincoln

LOCATIONThe property is located centrally within the popular Village of Waddington, which offers a good range of local amenities, including a variety of Shops, Public Houses, a Primary School and Doctor’s Surgery. Waddington is located approximately five miles South of Lincoln and also accommodates an active RAF Base, which assists the busy local economy.
DESCRIPTIONThis property is located centrally within the particularly popular Village of Waddington and is considered suitable for a variety of retail uses, together with having the benefit of generously proportioned four bedroomed living accommodation at first floor level. The property is also considered to have excellent potential for redevelopment, given its size and location.
The property is an attractive stone built cottage-style property beneath slate and pantile roofs. The ground floor principally comprises retail space together with ancillary stores, whilst the first floor accommodation is separately accessed and particularly spacious. The property also benefits from an attractive courtyard garden, an outbuilding and off-road parking space.
ACCOMMODATIONThe retail space is double-fronted, being accessed directly off High Street and extends to 78m² (840ft²). In addition, the ground floor stores and ancillary space, including offices and kitchen facilities extend to a further 50m² (540ft²).
The first floor living accommodation is accessed via an external staircase and is therefore capable of separate occupation, if desired and briefly comprises;
Dining Kitchen – 5.6m x 3.9m
Living Room – 5.2m x 5.2m
Bedroom 1 – 4m x 4m
Bedroom 2 – 4.6m x 3.3m
Bedroom 3 – 4.5m x 2.1m
Bedroom 4 – 3.4m x 1.6m
In addition, there is a large Landing/Study Area and Bathroom/WC with luxury four piece suite.
The living accommodation benefits from uPVC double glazing throughout and a modern gas fired central heating system installed serving radiators throughout the ground and first floor accommodation.
Outside, the property has an attractive private enclosed garden to the rear, a large brick outbuilding and a driveway/off-road parking space.
SERVICESAll mains services are understood to be connected. A gas fired central heating system is installed serving radiators throughout.
EPC Rating = C (Ground Floor)
EPC Rating = D (First Floor)
TERMSThe property is being sold on a Freehold basis.
OUTGOINGSRateable Value – £12,500
VATVAT may be applicable in addition to the sale price at the prevailing rate.
PARKING NOTESOn-Street parking and one parking space to the rear of the property.
VIEWINGVia prior appointment with Mundys Commercial.

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£315,000

Work/Live Accommodation For Sale

Lissington Road, Holton

LOCATIONThe property is located within a most attractive semi-rural area, with open-views across farmland to the front and rear. Holton-cum-Beckering is located approximately five miles south of Market Rasen and two and a half miles north of Wragby, which both offer a range of local day-to-day amenities. The Cathedral City of Lincoln is located approximately twelve miles to the south west, accessible via the A158.
DESCRIPTIONThis is a rare opportunity to acquire a long-established and highly regarded Motorhome and Caravan Service/Repair Business, together with modern, tastefully appointed living accommodation occupying a large secluded plot, with countryside views. This property is only suitable for prospective purchasers who would meet the current planning requirements for live/work accommodation. The business is available by separate negotiation.
The property was completely refurbished to a high specification approximately five years ago and comprises approximately 100 sq.m (1,076 sq.ft) of workshop accommodation together with beautifully appointed living accommodation. Externally, the property occupies a plot extending to approximately 0.63 acres, comprising ample yard space for the workshop accommodation, together with an extensive range of outbuildings and attractive landscaped grounds.
This property is fully refurbished and provides interconnecting workspace and living accommodation. The workshop accommodation is open-plan extending to 100 sq.m (1,076 sq.ft), with 4m minimum working headroom, a mechanically operated roller shutter vehicle access door and two hydraulic lifting ramps, specifically designed for working underneath caravans and trailers. The workspace has the benefit of a customer personnel access door, customer WC facilities and a waiting room and store. A mezzanine area provides useful storage accommodation above and there is a works office. The accommodation is very energy efficient having a wood pellet heating system and solar panels.
The living accommodation extends to 110 sq.m (1,184 sq. ft) and has been finished to a high specification, with flexibility in mind as two of the ground floor reception rooms could easily be used as additional bedrooms.
The accommodation is very energy efficient having a wood pellet heating system and solar panels. There is also CCTV and security system in place.
Externally, the property occupies a secluded site, extending to approximately two thirds of an acre and is accessed via mechanically operated gates, which provides access to the principal building and a large hard-standing space provides customer parking, together with ample space for outside storage of several vehicles. In addition, there is a large high bay double garage, which can accommodate a commercial vehicle/motorhome, in addition to a conventional car. Grounds are very attractively landscaped, comprising lawns, together with a wooded area screening the property from the road, thus providing a high degree of privacy. There are attractive farmland views to the rear and the gardens have been thoughtfully landscaped to comprise patio areas, a vegetable garden and numerous outbuildings including two traditional Nissen hut/stores, a further modern workshop/store, a ‘log cabin’ style summerhouse and a aluminium/glazed greenhouse.
ACCOMMODATIONACCOMMODATION
Workshop Space – 12.9m x 7.6m
With built-in floor mounted ramps and a electronically operated roller shutter vehicle access loading door (3.6m wide x 3.5m high). The workshop is fully equipped with a range of equipment which will be included in the sale (full details upon request). The workshop also incorporates the wood pellet boiler linked to a convector heater and the central heating system throughout the living accommodation. A customer WC, waiting room and store has been created at ground level and there is mezzanine accommodation above for useful storage of parts.
Beyond the workshop is a Works Office – (3.2m x 1.9m)
With radiator and uPVC double glazing.
LIVING ACCOMMODATION
Entrance Hall
With composite double glazed entrance door and staircase off.
Open-Plan Living Room/Kitchen – (4.6m x 3.1m)
Tastefully decorated, having a full height uPVC double glazed window to take advantage of the farmland views to the rear and incorporating a range of modern wall and base units with integrated appliances to provide an open-plan living kitchen space.
Utility Room/Kitchen – (4.3m x 2.1m)
Fully equipped with a range of wall and base units, incorporating a sink unit and plumbing for washing machine, dishwasher and Kinetico water softener etc.
Rear Porch
Being of a modern specification, constructed in full-height uPVC double glazed units.
Cloakroom/WC Compartment
Fitted with a modern white suite comprising WC and wash hand basin and having uPVC double glazed window and radiator. There is an ancillary cloakroom off the WC Compartment.
Dining Room/Bedroom 2 – (3.4m x 3.3m)
With radiator and uPVC double glazed window overlooking the gardens to the front.
Study/Bedroom 3 – (2.3m x 3.3)
With radiator and dual-aspect uPVC double glazed windows.
First Floor Stairs/Landing
Living Room – (4.6m x 3.1m)
A most attractively appointed reception room with radiator and uPVC double glazing, overlooking the generous gardens to the side, together with Velux windows providing a light and airy space.
Kitchenette – (1.5m x 1.8)
Fully fitted with wall and base units incorporating a sink unit, fridge and having the benefit of a daylight tunnel to provide ample natural light.
Workroom/Store
With radiator, light and power. A useful large storeroom or useful hobby room etc
Master Bedroom – (3.4m x 4.3m)
A generously proportioned bedroom with a range of high quality fitted wardrobes, drawers and bedside units, radiator and Velux window to the front.
Bathroom/WC
Having a high-quality suite comprising large walk-in shower cubicle, freestanding bath, WC and wash hand basin together with a radiator, partially tiled walls and a Velux window to the rear.
The accommodation has been designed to offer flexible, contemporary and well-appointed living accommodation and workspace throughout with the benefit of low running costs given the wood pellet heating system and solar panels to general electricity.
In our opinion, this is an excellent opportunity for someone interested in a unique live/work opportunity and whilst the existing business is established and successful, there is an opportunity for diversification.
SERVICESMains electricity and water are connected. The central heating system throughout the workspace and living accommodation is via the efficient wood pellet boiler located within the workshop. Photovoltaic panels mounted on the roof space generate electricity, resulting in very low running costs. Drainage is understood to be to a septic tank.
EPC Rating – D.
TERMSThe property is being offered for sale on a Freehold basis.
OUTGOINGSRateable Value – £5,000
In the event that a full rating liability is required, the current rates payable would be in the region of £2,395 per annum.
(Rate to the pound for 2017/2018 is 47.9 pence).
Based on current incentives being offered by Local Government, a substantial reduction or even complete Rates Relief may be available. Further enquiries should be made with the Local Rating Authority.
Council Tax – Band A
VATVAT may be applicable in addition to the sale price at the prevailing rate.
PLANNINGThe property was granted Planning Consent in 2012 for its existing use, providing for the workshop to be used for any ‘B1’ Light Industrial/Workshop use alongside the residential accommodation. Full details are available on request.
VIEWINGBy prior appointment with Mundys Commercial – 01522 556088

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£30,000

Serviced Offices To Let

Sadler Road, Lincoln

LOCATIONJarvis House is prominently located close to the junction of Sadler Road with Kingsley Road, located centrally within Lincoln’s largest Business Park District. Neighbouring occupiers include Marshall Land Rover Dealership and Booker Wholesale Cash and Carry.
DESCRIPTIONJarvis House is a modern high quality business unit and we are pleased to offer ‘To Let’ this refurbished first floor office suite, which is available fully furnished, if required, and has the benefit of including 20 allocated car parking spaces.
ACCOMMODATIONThe well-presented accommodation is accessed via a shared, serviced reception where there will be an opportunity for the occupier to have corporate logos etc.
The office suite is located at first floor level, directly off reception and comprises a large open-plan floor area, currently fully furnished to provide for 22 workstations. In addition, there are 3 glazed executive offices and there is further expansion space for additional workstations if required. In addition to the workstations, there are ancillary lockers/storage cabinets and there is an attractive modern, fully fitted kitchen incorporating integrated fridge, together with male and female WC facilities.
The Net Internal Floor Area extends to 245.5 sq.m (2,642 sq.ft). This excludes the kitchen and WC facilities.
Immediately outside the office suite, there are 20 allocated car parking spaces.
SERVICESMains water, electricity and gas are all connected. The office accommodation has the benefit of a gas fired central heating system and air conditioning throughout.
TERMSThe office suite is available ‘To Let’ under the terms of a Sub-Lease for a term of years expiring May 2022, although consideration will be given to a shorter term occupancy arrangement, if required.
The office suite is available ‘To Let’ at a rental of £30,000 per annum, exclusive of Business Rates and Service Charge.
OUTGOINGSThe office suite will be reassessed by the Valuation Office once a letting has been negotiated. Prospective Tenants should make their own enquiries with Lincoln City Council Valuation Office.
VATVAT may be applicable in addition to the rental levels as set out above.
LEGAL COSTSThe ingoing Tenant is to be responsible for their own legal costs incurred in the preparation of the Sub-Lease documentation.
SERVICE CHARGEA Service Charge will be levied to contribute towards the running costs of the building including cleaning and maintenance of communal areas, heating and lighting. Further details are available on request.
PARKING NOTES20 Allocated car parking spaces.
VIEWINGBy prior appointment through Mundys Commercial – 01522 556088.

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£75,000

A1 – Laundry Business For Sale

High Street, Lincoln

LOCATIONThe property is prominently located on High Street, close to the Portland Street junction and is situated in-between the side streets of King Street and Chaplin Street. The property is therefore within close proximity and walking distance of the City Centre.
DESCRIPTIONFor the Lease, Business and all Business Equipment – This newly refurbished property has recently been fully equipped and set up as a Laundry Business and all fixtures and fittings including washing machines and tumble dryers are included in the sale. The property is prominently located on High Street, within a busy retail district and also benefits from being within close proximity within a densely populated residential area and therefore has excellent potential for growth.
The property was refurbished approximately 12 months ago and fully equipped to commence trading as a Laundrette. Over the past year, the owners have experienced significant growth in turnover and are of the opinion that there is further potential for increased trade. The premises are equipped to a high standard, with tiled floors, panelled walls and there are 8 industrial specification washing machines, 2 of which are extra large to accommodate bulky loads. There are a further 5 heavy duty, industrial grade tumble dryers. In addition to the main public Reception Area, there are Stores and Staff Rooms/WC Facilities to the rear of the premises.
The main Reception Area extends to 30.7 sq.m (330 sq.ft) and in addition the Stores, Staff Areas and WC Facilities provide for a further 8 sq.m (85 sq.ft) of floor area.
SERVICESMains electricity, water and drainage are understood to be connected.
EPC Rating – B.
TERMSThe property is available under the terms of a Lease for a term of 3 years commencing 1st April 2017 at an annual rental of £6,000, exclusive of utility bills and Business Rates.
OUTGOINGSThe Rateable Value is £6,700.
In the event that a full rating liability is required, the current rates payable would be £3,209.30 (Rate to the pound for 2017/18 is 47.9 pence).
Prospective Tenants are likely to qualify for Small Business Rates Relief which, under the current framework, would give up to 100% exemption of rates liability, but interested parties should make their own enquiries.
VATVAT may be applicable, in addition to the sale price at the prevailing rate.
LEGAL COSTSThe ingoing Tenant is responsible for the Landlord’s reasonable costs for the assigning/restructuring the Lease, together with the Agent’s referencing fee. Further details are available on request.
PARKING NOTESThe property has the benefit of short-stay parking immediately in front of the building, along High Street.
VIEWINGBy prior appointment via Mundys Commercial – 01522 55688.

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