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Former Tokyo Nightclub 18 Silver St 19,515 SF Retail Building Lincoln LN2 1EW $3,001,275 ($153.79/SF)
INVESTMENT HIGHLIGHTS
- Occupying the basement of this very impressive Victorian 3 storey brick built corner property under pitched slate roof coverings
- The property is in a good central position capable of attracting trade from across the city centre.
- Lincoln is an attractive city with a significant student population.
EXECUTIVE SUMMARY
PROPERTY FACTS
AMENITIES
- Security System
- Storage Space
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- POSITION
- AVAILABLE
Leasehold: A new lease will be granted on FRI and free of tie terms at a guide rent of £50,000pa. A service charge will be payable in relation to shared costs with the other 2 units. NB The Ground and First Floor units are available by separate lease or together if required. The freehold is also available off a guide price of £2.25m for the whole building.
The space compromises 7,795 sf of ground floor retail accommodation. A new lease will be granted on FRI and free of tie terms at a guide rent of £75,000pa. A service charge will be payable in relation to shared costs with the other 2 units. NB The first floor and basement nightclubs are available to let separately or together if required. The Freehold of the whole property is also available at a guide price of £2.25m.
Leasehold: A new lease will be granted on FRI and free of tie terms at a guide rent of £75,000pa. A service charge will be payable in relation to shared costs with the other 2 units. NB The ground floor and basement units are available to lease separately or in addition if required.
| Space | Size | Space Use | Position | Available |
| Basement | 5,152 SF | Retail | In-Line | Now |
| Ground | 7,975 SF | Retail | In-Line | Now |
| 1st Floor | 6,388 SF | Retail | In-Line | Now |
Basement
| Size |
| 5,152 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
Ground
| Size |
| 7,975 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
1st Floor
| Size |
| 6,388 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
Basement
| Size | 5,152 SF |
| Space Use | Retail |
| Position | In-Line |
| Available | Now |
Leasehold: A new lease will be granted on FRI and free of tie terms at a guide rent of £50,000pa. A service charge will be payable in relation to shared costs with the other 2 units. NB The Ground and First Floor units are available by separate lease or together if required. The freehold is also available off a guide price of £2.25m for the whole building.
Ground
| Size | 7,975 SF |
| Space Use | Retail |
| Position | In-Line |
| Available | Now |
The space compromises 7,795 sf of ground floor retail accommodation. A new lease will be granted on FRI and free of tie terms at a guide rent of £75,000pa. A service charge will be payable in relation to shared costs with the other 2 units. NB The first floor and basement nightclubs are available to let separately or together if required. The Freehold of the whole property is also available at a guide price of £2.25m.
1st Floor
| Size | 6,388 SF |
| Space Use | Retail |
| Position | In-Line |
| Available | Now |
Leasehold: A new lease will be granted on FRI and free of tie terms at a guide rent of £75,000pa. A service charge will be payable in relation to shared costs with the other 2 units. NB The ground floor and basement units are available to lease separately or in addition if required.
NEARBY MAJOR RETAILERS
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Former Tokyo Nightclub | 18 Silver St
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