For Sale / To LetBrand New Trade & Industrial Scheme

Bishops Trade Park, Bishops Road, Lincoln, Lincolnshire, LN2 4LB

Description

Phases 1 and 2 are due to be constructed and completed in Spring 2019.

Phase 1 will comprise trade counter units fronting Bishops Road.

Phase 2 will comprise 4 terraces of starter industrial units.

The various units will be of steel frame construction with composite/corrugated sheet clad elevations with similarly clad roofs. The units will be finished to a developer’s shell specification with WC and kitchenette units installed. Each unit will benefit from allocated car parking with further communal parking.

The remaining phases can facilitate design and build units to suit an occupier’s needs.

LOCATION

The development is situated fronting Bishops Road, a short distance from its junction with the busy Outer Circle Road. It is surrounded by a range of complementary trade counter operators including Jewsons, Plumb Center, Howdens, Magnet and Topps Tiles. Nearby retail occupiers include Tesco Extra, Aldi, Lidl and a soon to be completed B&M.

Positioned to the east of Lincoln City Centre, it provides swift access to the A46 Bypass, which is in the process of being extended. The A46 provides links to major routes in and out of the city including Newark/A1 (18 miles south west) and Scunthorpe/M180 (27 miles north).

SERVICES

Mains supplies of water, electricity and drainage are to be made available and connected to the development. Interested parties are advised to make their own investigations to the utility service providers.

TOWN AND COUNTRY PLANNING

We understand that the premises hold consent for Industrial uses under Classes B1, B2 and B8, and Trade Counter use under the Town & Country Planning (Use Classes) Order 1987 (as amended).

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

RATES

Business Rates are yet to be assessed.

TENURE

The Phase 1 and 2 units will be available To Let by way of Full Repairing and Insuring leases on terms to be agreed. Our clients may consider offering design and build units on Phase 3 either For Sale or To Let.

RENT/PRICE

Phase 1 Rents from £17,500 pax
Phase 2 Rents from £7,000 pax
Phase 3 Terms on application

SERVICE CHARGE

A service charge may be levied to cover the upkeep and maintenance of any common parts of the development.

VAT may be charged in addition to the rent/sale price.

LEGAL COSTS

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