To LetNew Trade Counter Units - Available Now

Phase 2, Bishops Trade Park, Bishops Road, Lincoln, Lincolnshire, LN2 4LB

Description

Phase 2 comprises two terraces of trade counter units constructed in a courtyard configuration.

The accommodation will be of steel portal frame construction, with corrugated sheet clad elevations and similarly clad roofs. There will be glazed showroom frontages and vehicular access doors. The premises will have solid concrete floors, with 6m working height and WCs installed. Externally, there will be ample allocated parking, communal parking, loading and circulation.

Construction of Phase 3 is on site with a new MKM Builder’s Merchants due to open in Q3 2022.

LOCATION

The development is situated on Bishops Road, a short distance from its junction with the busy Outer Circle Road. It is surrounded by a range of complementary trade counter operators including Jewsons, Plumb Center, Howdens, Magnet and Topps Tiles.

Phase 1 has household names such as Toolstation, Screwfix, Easy Bathrooms, Kent Blaxill, Pochin, Sota Living and Flooring Superstore, all of whom are trading strongly.

SERVICES

Mains supplies of water, electricity and drainage are available and connected to the development. Interested parties are advised to make their own investigations to the utility service providers.

There is potential for Electric Vehicle charging points to be installed if required by occupiers

TOWN AND COUNTRY PLANNING

The land holds outline consent for Industrial uses under Classes B2, B8 or E(g)(iii) and Trade Counter use under the Town & Country Planning (Use Classes) Order 1987 (as amended).  Interested parties are advised to make their own investigations to the Local Planning Authority.

RATES

Business Rates to be confirmed

TENURE

The units are available To Let by way of Full Repairing and Insuring leases on terms to be agreed.

RENT

Unit B1            £45,000 per annum exclusive                                                                                                                                                                    Units B2/3/4    £30,000 per annum exclusive                                                                                                                                                                Unit B5            £42,750 per annum exclusive                                                                                                                                                                      Units C1/2/3    £47,500 per annum exclusive                                                                                                                                                                   Unit C4            £90,630 per annum exclusive

SERVICE CHARGE

A service charge will be levied to cover the upkeep and maintenance of common parts of the development.

VAT

VAT will be charged in addition to the rent at the previaling rate.

LEGAL COSTS

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