For SaleInvestment

Witham Park House, Waterside South, Lincoln, Lincolnshire, LN5 7JN

Description

The property comprises a two storey former Victorian factory that has been refurbished to provide a range of open plan office suites.

Each of the available offices benefit from access to staff, WCs and shower facilities. The majority feature suspended ceilings, air conditioning, cat. II fluorescent lighting and raised access floors or perimeter trunking.

Externally , the allocation benefit from an ample allocation of parking spaces.

LOCATION

The property enjoys an easily accessible location just off Great Northern Terrace, overlooking the river Witham, with views up to Lincoln Cathedral.

Located about half a mile to the south east of Lincoln City Centre, Witham Park House is strategically located a short walk from The Cornhill Quarter, Lincoln Central Car Park, Lincoln’s new bus stations and Lincoln Train Station.

Lincoln is the administrative and main shopping centre for the County of Lincolnshire with an urban population of circa 130,000 and a total catchment population of close to 550,000, giving a total catchment spend of over £985 million. It is also a growing University city with over 15,000 students and staff based on the main campus in Lincoln, which contributes an estimated £250 million to the local economy. The University is located about a 1/3 of a mile to the west of the city centre, so again within easy reach of the subject property.

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 and country planning

We understand that the property has consent for uses falling within Class E(g)(i) (Office) 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

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

It may be possible to progress the transaction as a Transfer Of a Going Concern.

Legal costs

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

agents note

In addition to the stated accommodation and tenancies, there are Long Leasehold interests beneath the Freehold over a health club (24,623 sq ft) and Oak House serviced offices (14,447 sq ft) held by Divop Limited and Lincolnshire County Council respectively. Further details are available on request.