For SaleFormer Library Premises

Former Library Premises, Middle Street, North Hykeham, Lincolnshire, LN6 9QX

Description

A single storey purpose-built library constructed in the 1970’s, now available for sale due to the closure of the service.

The building is laid out internally to a good standard to provide a mix of open plan with smaller private offices, together with ancillary WC and staff facilities.

Externally there is a large self-contained car park to the front of the property.

Site Area: 0.24 hectares (0.60 acres)

LOCATION

The former library is nestled in the heart of North Hykeham. The town is located approximately 5 miles to the south of Lincoln city centre, forming part of Lincoln’s greater urban sprawl.

The area offers a good range of shopping and educational facilities and is a popular residential location. The A46 Lincoln Bypass is located a short distance to the south.

TOWN AND COUNTRY PLANNING

The most recent use of the property as a Library is a D1 (Non-Residential Institution) use under the provisions of the Town and Country Planning (Use Classes) Order 1987 (as amended).

In our view, the property would be suitable for a variety of alternative uses, as well as demolition and redevelopment of either new build residential or commercial development, subject to the receipt of any necessary planning permissions.

SERVICES

We understand that mains services including gas, water, drainage and electricity are available and connected to the property. These have not been tested and interested parties are advised to make their own investigations to the relevant utility service providers.

RATES

Charging Authority:  North Kesteven District Council
Description:  Library and Premises
Rateable value:  £13,000
UBR:  0.512
Period:  2020-2021

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 with vacant possession on completion.

METHOD OF SALE

The property is being offered For Sale by way of an Informal Tender with offers to be received by No Later Than 12 Noon Thursday 15th October 2020.

Please note, the Vendors do not bind themselves to accept either the highest or any offer made.

VAT

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

LEGAL COSTS

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