For SaleNew Workshop Units - Under Construction

Phase 5A, Riverside Enterprise Park, Saxilby, Lincoln, Lincolnshire, LN1 2LR

Description

Planning has been granted for the first stage of Phase 5, providing a range of industrial units finished to a high standard with profile clad steel portal frame construction, power floated concrete floors and bare faced block walls.

Each unit will benefit from car parking.

Completion is estimated for Summer 2021.

ACCOMMODATION

Architects drawings indicate Phase 5A will provide the following accommodation:

Unit 1:   116.13 sq m (1,250 sq ft)
Unit 2:   116.13 sq m (1,250 sq ft)
Unit 3:   139.00 sq m (1,500 sq ft)
Unit 4:   139.00 sq m (1,500 sq ft)

* Adjoining units can be combined to provide larger units.

LOCATION

Phase 5, currently under construction, is located on Riverside Enterprise Park, an established and exciting commercial development by Lincoln based Stirlin Developments Limited.

The site occupies a prominent position adjacent to the A57 at Saxilby to the west of Lincoln. The position provides quick access to the A1 (13 miles) and A46 Lincoln bypass (5 miles).

The site is prominently located and visible from the A57 trunk road which is used by in excess of 12,000 vehicles per day.

TOWN AND COUNTRY PLANNING

We understand that the properties have consent for uses falling within Class E (Commercial, Business and Service uses) of the Town & Country Planning (Use Classes) Order 1987 (as amended).

Following changes to the Use Classes Order that came into effect on 1st September 2020, Class E now encompasses a number of uses including A1 (Shops), A2 (Professional & Financial Services), A3 (Restaurant & Café), B1 (Business) and D2 (Assembly & Leisure).

RATES

Charging Authority:  West Lindsey District Council
Description:  To be assessed
Rateable value:  To be confirmed
UBR:  0.512
Period:  2021-2022

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

Freehold For Sale, with vacant possession.

PRICE

Unit 1:   £165,000
Unit 2:   £165,000
Unit 3:   £193,500
Unit 4:   £193,500

SERVICE CHARGE

Each building will contribute towards the cost of shared services such as maintenance of shared roadways, landscaping, CCTV, electric gates etc.

VAT

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

LEGAL COSTS

Each party is to be responsible for their own legal costs.