Chartered surveyor Banks Long & Co has helped to put an independent Lincoln business in the frame for a brighter and busier future.
The city agent has let a former High Street fashion outlet to Elliott’s, a picture-framing specialist who used to be based in Lincoln’s Waterside Shopping Centre.
Owner Richard Turner has made the leap from the shopping mall to a prime site in the upper High Street, at a time when the mall is undergoing a multi-million pound revamp.
“Elliott’s has been going for 20 years. I had worked for the business before I took it over two years ago,” said Richard.
“My lease was coming-up for renewal and, with the revamp of the mall also underway, I decided I would look for alternative city centre premises.”
Richard explored options in the section of the High Street between St Mary’s Street and Tentercroft Street, which is in line for potential pedestrianisation, a new footbridge over the railway and, of course, work linked to the creation of the city’s East-West Link Road.
“I also considered the Sincil Street area, where there are plans to build the Lindongate development, but on balance decided to take the opportunity of leasing the former Spinning Wheel in the upper High Street when I saw it was available,” said Richard.
“It is proving ideal as it means I am in a great position to catch the attention of tourists, resident shoppers and also passing trade. I am also well-placed to offer a service to galleries and other business in this area.
“The move went very smoothly because the owner of the premises, Gerry Garside, allowed me plenty of time to move over from my previous unit.”
Banks Long & Co Director James Butcher said: “Last year Mr Garside instructed us to look for tenants for his retail units in Lincoln and in Mercer Row, Louth – which he had operated for many years under the well-known Spinning Wheel fascia – after deciding he wanted to ease into retirement.
“We are delighted to have let the former Spinning Wheel premises in
Lincoln to Mr Turner on a five-year lease, after only a short burst of marketing,
which is a further sign of the improving market conditions.
