Description
PROPERTY
This listing comprises 3 terraced industrial units each of steel portal frame construction with brick/block walls surmounted by lined corrugated sheet cladding and similarly clad pitched roof.
The units have separate pedestrian and roller shutter vehicular access doors together with allocated staff/WC facilities.
Externally, there is allocated parking and shared loading/circulation
ENERGY PERFORMANCE CERTIFICATE
Unit 4 – D78
Unit 5 – C51
Unit 6 – C62
LOCATION
The industrial estate is situated off Bishops Road, which can be accessed via Outer Circle Road in north Lincoln. The estate is surrounded by a range of complementary commercial occupiers including Eurocell, Toolstation, Screwfix and MKM.
The location affords quick access to Lincoln city centre and the wider regional road network via the A46 bypass. Lincoln is the administrative shopping centre for the county of Lincolnshire. The city has a resident population of 103,900 (2021 Census) and is ranked fourth in the East Midlands Experian City Centre Rankings behind Nottingham, Derby and Leicester. The city attracts over three million tourists per year, predominately visiting to view the Cathedral, which is recognised as one of the best examples of Gothic architecture in Europe. Lincoln is situated 30 miles north east of Nottingham and 27 miles south west of Scunthorpe. There is also a train station with a direct route to London King’s Cross.
SERVICES
We understand that mains water, electricity and drainage supplies 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.
TOWN & COUNTRY PLANNING
We understand that the property has planning consent for B2, B8 and E(g) (iii) of the Town and Country Planning (Use Classes) Order 1987 (as amended). Interested parties are advised to make their own investigations to the Local Planning Authority.
RATES
Charging Authority: City of Lincoln Council
Description: Warehouse and Premises
Rateable value: Unit 4 - £10,000
Unit 5/6 - £23,250
UBR: 0.546
Period: 2024-2025
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 To Let by way of a new Full Repairing and Insuring lease, for a term to be agreed.
RENT
Unit 4 - £15,300 per annum exclusive
Unit 5/6 - £33,330 per annum exclusive
SERVICE CHARGE
A service charge will be levied to cover the upkeep, maintenance and repair of all common parts of the development.
VAT
VAT may be charged in addition to the rent at the prevailing rate.
LEGAL COSTS
Each party is to be responsible for their own legal costs incurred in documenting the transaction.