For Sale / To LetBuilding Plots And/Or Design & Build Opportunities

Tattershall Road Industrial Estate, Tattershall Road, Woodhall Spa, Lincolnshire, LN10 6TT

Description

The existing estate was constructed in 1992 and comprises two blocks of property, subdivided to provide a total of 5 industrial units with a shared services area. There is a palisade security fence to the front.

The land is located opposite the entrance to the estate and adjacent to the existing industrial units.

Outline planning consent was granted on the 22 September 2010 (Application number: 5/215/01073/10) for the erection of 6 industrial units under use classes B1 (Business), B2 (General Industrial) and B8 (Storage and Distribution) as defined in the Town and Country (Use Classes) Order 1987, (as amended). 

It is anticipated that these will be available within 2 blocks of 3 units, each block providing about 279 sq m (3,000 sq ft) of industrial space. A copy of the Planning Application and Consent Notice can be downloaded from the East Lindsey website at:
www.eldc.gov.uik/planning/acolnetcgi.gov.

location

The estate is situated just off the A153 Tattershall Road entering Woodhall Spa from the south. Woodhall Spa itself has a resident population of 3,657 (2001 Census) and is located approximately 15 miles east of Lincoln and 30 miles south west of Scunthorpe. It is a popular leisure resort and is the home of a number of Championship golf courses and the British Golfing Association.

tenure

The units/plots are available on 3 separate basis: 

i) The site is available for sale as a whole by way of a 999 year long leasehold at a ground rental of £250 per annum.

ii) The site may be subdivided and available in a smaller lot of 3 units for sale by way of a 999 year long leasehold interest at a ground rental of £125 per annum. 

iii) Completed units may be available to let on a design and build basis, subject to an agreed specification and the exchange of an Agreement for Lease before the units are to be built. 

The lease will be for a minimum term of 5 years and will be drawn on Full Repairing and Insuring terms. Minimum unit size 1,000 sq ft. 

purchase price

The 999 year long leasehold interest of the whole site is available at a price of £65,000 plus VAT.

Smaller parts thereof are available by negotiation.

rent

By negotiation and subject to tenant’s specification.

maintenance rent

The property forms part of a privately owned industrial estate and therefore a maintenance charge is payable by all occupiers to cover the upkeep and maintenance of the common areas including external decoration. 

The maintenance charge is subject to annual RPI increases. The current charge is set at £600 per annum per unit. 

Please contact the agents for further details.

viewing

To view the premises and for any additional information please contact the sole agents.

legal costs

In the event of a letting, the ingoing lessee is to be responsible for the landlords reasonable legal costs incurred in documenting the transaction. In the event of a sale by way of the long leasehold interest each party is to be responsible for their own legal costs incurred in documenting the transaction.