For Sale / To LetBrand New Hybrid Units

Valentine Business Park, Crusader Road, Tritton Road, Lincoln, Lincolnshire, LN6 7AS

Description

The development will comprise of 4 No. brand new hybrid units of steel portal frame construction, with brick/block walls surmounted by lined cladding.

Each unit will benefit from separate pedestrian and vehicular up and over door access.

The ground floor areas will provide open plan storage area with a solid concrete floor.

The first floor will be fitted out as open plan offices with carpeted floors, painted plastered walls and suspended ceilings with lighting and air conditioning.

Externally, each unit will benefit from allocated parking.

ACCOMMODATION

Architects drawings suggest that each of the 4 units will provide the following floor area:

Ground floor storage:  97 sq m (1,046 sq ft)
First floor offices:  97 sq m (1,046 sq ft)

Total:  GIA 194 sq m (2,092 sq ft)

Units can be combined with the full terrace totalling 777 sq m (8,368 sq ft)

LOCATION

Valentine Business Park is located on Crusader Road off Tritton Road, about 1½ miles south of Lincoln city centre.

It is surrounded by a range of shopping and leisure amenities. It is adjacent to the route of the proposed Western Growth Corridor.

The location also provides ease of access to the Lincoln bypass, which in turn leads to the A46 dual carriageway and the A1 thereafter.

Nearby occupiers include Barclays, White Mortgages and Kingsbridge. Close to Valentine Park South and Valentine Retail Park.

TOWN AND COUNTRY PLANNING

We understand that the site is allocated for employment purposes, with a Planning Application submitted for the development of hybrid units within Class E(g) of the Town & Country Planning (Use Classes) Order 1987 (as amended 2020). 

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

RATES

Charging Authority: City of Lincoln Council
Description:  Workshop and Premises
Rateable value: TBC
UBR: 0.512
Period: 2021-2022

Multiplying the Rateable Value figure with the UBR multiplier gives the annual rates payable, excluding any transitional arrangements which may be applicable.

For further information, please contact the Charging Authority.

TENURE
The property is available For Sale freehold, or alternatively To Let by way of a new Full Repairing and Insuring lease for a term to be agreed.

PRICE / RENT

Price:   £300,000 per unit
Rent:   On application

SERVICE CHARGE

A service charge may be levied to cover the upkeep and maintenance of any common parts of Valentine Business Park and the wider City Office Park.

VAT

VAT may be charged in addition to the price/rent at the prevailing rate.

LEGAL COSTS

Each party is to be responsible for their own legal costs incurred in documenting the transaction.