Description
The property comprises a brand new mid-terrace trade counter of steel portal frame construction, with composite metal clad elevations and similarly clad roof. It benefits from separate pedestrian and vehicular access doors, 6 metre minimum working height, solid concrete floor and WC.
Externally there is allocated parking, communal parking and loading/circulation.
ACCOMMODATION
Availability is as follows :
Unit A1: 325 sq m (3,500 sq ft) - Brewers
Unit A2: 325 sq m (3,500 sq ft) - Available
Unit A3: 371 sq m (4,000 sq ft) - Screwfix
Unit B: 743 sq m (8,000 sq ft) - Howdens
LOCATION
The unit is neighboured by Screwfix, Howdens and Brewers Paints.
The development is situated fronting Whisby Road within the south west business quarter of Lincoln.
It has an excellent strategic position providing quick access to the A46 Lincoln bypass, which in turn leads to the A1 (11 miles) and all other major road links.
Immediately to the west is Discovery Court, comprising 15 brand new industrial units.
The opportunity is surrounded by a range of complementary trade counter occupiers and is a short walk from Hykeham train station.
SERVICES
Mains supply of water and electricity are available and connected to the site. Interested parties are advised to make their own investigations to the utility service providers.
TOWN AND COUNTRY PLANNING
The property holds Planning Consent for industrial uses falling under classes B2 (General Industrial), B8 (Storage and Distribution) or E(g)(iii) (Light Industrial) (with ancillary trade counter) of the Town and 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: North Kesteven Council
Description: Workshop and Premises
Rateable value: £23,750
UBR: 0.512
Period: 2023-2024
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 units are available To Let by way of a Full Repairing and Insuring lease on terms to be agreed.
Rent
The commencing rent will be £24,500 p.a.x for Year One of the term.
SERVICE CHARGE
A service charge will be levied to cover the upkeep, maintenance and repair of any common parts of the development.
VAT
VAT may be charged in addition to the sale price/rent at the prevailing rate.
LEGAL COSTS
Each party is to be responsible for their own legal costs.