Description
The property comprises a refurbished office building providing open plan office space over two floors.
Internally, each available suite has access to WC and kitchen/staff facilities.
Externally, the premises benefit from ample parking allocations.
EPC: To be confirmed
ACCOMMODATION
Having measured the property in accordance with the prevailing RICS Code of Measuring Practice, we calculate that it provides the following NIA floor area:
Unit 11: 263 sq m (2,834 sq ft)
Unit 12: 212 sq m (2,289 sq ft)
Unit 13: 230 sq m (2,478 sq ft)
Unit 14: 928 sq m (9,991 sq ft)
Unit 16: 578 sq m (6,226 sq ft) plus mezzanine 135 sq m (1,463 sq ft)
LOCATION
The property occupies a riverside setting overlooking the Witham, with views up to Lincoln Cathedral.
Neighbouring occupiers include Anglian Water Services, Lincs FM Group and LCHS.
It is a short walk from Lincoln city centre and has quick access to the Lincoln Bypass.
SERVICES
We understand mains services 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.
RATES
Charging Authority: City of Lincoln Council
Description: Office and Premises
Rateable values:
Unit 11: £24,500
Unit 12: £22,000
Unit 13: £21,500
Unit 14: £61,000
Unit 16: £49,750
UBR: 0.512
Period: 2022-2023
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 premises are available To Let on terms to be agreed.
RENT
Unit 11: £25,336 per annum exclusive
Unit 12: £18,312 per annum exclusive
Unit 13: £19,824 per annum exclusive
Unit 14: £79,928 per annum exclusive
Unit 16: £61,512 per annum exclusive
SERVICE CHARGE
A service charge will be levied to cover the upkeep, maintenance and repair of all common and shared areas 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.