For SaleInvestment

Motor Trade Park, Outer Circle Road, Lincoln, Lincolnshire, LN2 4HX

Description

The property comprises an extensive motor-trade complex. It provides two modern dealership showrooms/workshops with ample car spaces fronting Outer Circle Road. There are further workshops of varying age, size and specification plus storage compounds to the rear, all accessed from Wrightsway. 

All mains services are available and connected to the site albeit not all of the buildings. Interested parties are advised to make their own investigations to the utility service providers.

The site area extends to about 2.03 hectares (5.02 acres).

LOCATION

The property occupies a prominent and sought-after position fronting Outer Circle Road to the north-east of Lincoln. It is surrounded by a range of national motor-trade, trade counter and retail warehouse occupiers such as Evans Halshaw Ford, Vertu Honda, Wickes, Howdens, Topps Tiles, Magnet and Kwik-fit.

This is a highly accessible location with links to the regional and national road network recently improved by the opening of the nearby Lincoln Eastern Bypass.

TOWN & COUNTRY PLANNNG

We understand that the various buildings have a range of consents falling within Sui Generis (Motor-trade) , Eg (Commercial, Business & Services), B2 (General Industrial) and B8 (Storage and Distribution) 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.

VAT

The property is elected for VAT, however, the sale of the property will be treated as a TOGC.

LEGAL COSTS

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