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Former Tokyo Nightclub 18 Silver St
5,152 - 19,515 SF of Retail Space Available in Lincoln LN2 1EW
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.
Space Availability (3)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| Basement | 5,152 SF | Negotiable | $17.58 CAD/SF/YR $1.47 CAD/SF/MO $189.24 CAD/m²/YR $15.77 CAD/m²/MO $7,548 CAD/MO $90,579 CAD/YR | Fully Repairing & Insuring | ||
| Ground | 7,975 SF | Negotiable | $17.04 CAD/SF/YR $1.42 CAD/SF/MO $183.38 CAD/m²/YR $15.28 CAD/m²/MO $11,322 CAD/MO $135,868 CAD/YR | Fully Repairing & Insuring | ||
| 1st Floor | 6,388 SF | Negotiable | $21.27 CAD/SF/YR $1.77 CAD/SF/MO $228.94 CAD/m²/YR $19.08 CAD/m²/MO $11,322 CAD/MO $135,868 CAD/YR | Fully Repairing & Insuring |
Basement
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.
- Use Class: E
- Partially Built-Out as a Drinking Establishment
- Located in-line with other retail
- Secure Storage
- Private Restrooms
- Feature dome roof
- Provides a series of interconnecting rooms
- 3.30am Licence
Ground
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.
- Use Class: E
- Partially Built-Out as a Drinking Establishment
- Located in-line with other retail
- Secure Storage
- Private Restrooms
- Outside courtyard
- Feature dome roof
- Marin corner frontage
1st Floor
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.
- Use Class: E
- Partially Built-Out as a Drinking Establishment
- Located in-line with other retail
- Secure Storage
- Private Restrooms
- Lobby area
- Impressive spiral staircase
- High ceilings
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 FOR 18 Silver St , Lincoln, LIN LN2 1EW
| Property Type | Retail | Gross Leasable Area | 19,515 SF |
| Property Subtype | Bar | Year Built | 1895 |
| Property Type | Retail |
| Property Subtype | Bar |
| Gross Leasable Area | 19,515 SF |
| Year Built | 1895 |
About the Property
The property comprises the former Lincoln Constitutional Club which is understood to have been constructed circa 1895 in a Flemish Renaissance Revival style. The property is mainly of solid brick construction with terracotta dressings under pitched roofs with slate coverings and is arranged over four floors. The property is located at the eastern end of Silver Street, at its junction with Broadgate. Lincoln has the benefit of being connected to the A46 dual carriageway linking to the main A1 and the national motorway network. It is approximately 15 minutes from Newark Northgate Railway Station which benefits from a regular National Express service to London Kings Cross with a minimum journey time of 1 hour 20 mins. Lincoln is 142 miles north of London, 75 miles from Leeds, 52 miles from Leicester, 36 miles from Nottingham, 60 miles from Peterborough and 48 miles from Sheffield.
- Security System
- Storage Space
Nearby Major Retailers
Presented by
Former Tokyo Nightclub | 18 Silver St
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