Office to let in The Gateway, Ruston Way, Lincoln LN6

£14,700 pa (£19.71/sq. ft. pa)
746 sq. ft*
Interested in this property? Call +44 1522 397760 * or Request Details

* Calls to this number will be recorded for quality, compliance and training purposes.

Property description

A modern ground floor office unit, with a full width glazed frontage and 4 car parking spaces to the rear.

EPC Rating – B38


Location


The property enjoys a prominent location within the ground floor of The Gateway, one of the largest purpose built blocks of student accommodation in Lincoln City Centre.

The unit overlooks the Ropewalk/Tritton Road/Brayford Way roundabout, adjacent to the Holiday Inn Express and opposite a McDonalds Drive Thru.

The University Campus is about 2 minutes’ walk to the east and the City Centre is about 5 minutes’ walk to the east.

Lincoln is the administrative and major shopping centre within the County of Lincolnshire. It has a catchment of circa 543,367 and an established total catchment spend of £984.40 million. It is a growing University City, with close to 15,000 students and academic staff based at the main campus in Lincoln, contributing an estimated £250 million a year to the local economy.


Town and country planning


The current use of the property is Class B1 (Offices). In our view the property would be suitable for alternative A1 (Retail), A2 (Financial and Professional Services) and A3 (Food and Drink) uses, subject to the receipt of Planning Permission.

Interested parties are advised to make their own investigations to the Local Planning Authority.


Tenure


The property is available by way of a new sub-lease contracted out of the Security of Tenure and Compensation Provisions of the 1954 Landlord and Tenant Act for a term of years to be agreed, (maximum term expiring 14th September 2025).

There is a Tenant’s break option on 15th September 2020.

The lease is drafted on the equivalent of Full Repairing and Insuring terms, by way of a service charge.

VAT may be charged in addition to the rental at the prevailing rate.


Legal costs


The ingoing tenant will be responsible for the landlords’ reasonable legal costs incurred in documenting the transaction.


Viewing


To view the premises and for any additional information please contact the sole agents.

Property info

Nearby transport

  • Lincoln (0.5 miles)
  • Hykeham (2.9 miles)
  • Saxilby (5.5 miles)
  • Robin Hood Airport (25.4 miles)
  • Humberside Airport (25.5 miles)
  • East Midlands Airport (42.3 miles)
  • Hull Ferry Terminal (37.6 miles)
  • West Lynn Ferry Landing (50.9 miles)
  • King's Lynn Ferry Landing (51.0 miles)

Nearby schools

View all schools in Lincoln
  • The Lincoln St Peter at Gowts Church of England Primary School (0.5 miles)
  • The St Faith and St Martin Church of England Junior School, Lincoln (0.6 miles)
  • The St Faith's Church of England Infant and Nursery School, Lincoln (0.6 miles)
  • Catch 22 (SEN) (15.2 miles)
  • Build-a-Future Independent School (18.5 miles)
  • Bridge House Independent School (27.0 miles)
  • Springwell Lincoln City Academy (0.6 miles)
  • Athena School (SEN) (0.8 miles)
  • Lincoln Minster School (1.0 mile)
Note: Distance is shown as a straight line measurement

Local info for Lincoln

* Sizes listed are approximate. Please contact the agent to confirm actual size.

Arrange Viewing

For more information about this property, please contact
Banks Long & Co, LN1 on +44 1522 397760 * (local rate)

Contact Banks Long & Co about this property

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Banks Long & Co, and do not constitute property particulars. Please contact Banks Long & Co for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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