To Let - Under OfferProminent Motor Trade Premises

292-294, Wragby Road, Lincoln, Lincolnshire, LN2 4QD

Description

The property comprises a detached tyre and exhaust centre providing an open plan motor workshop with four up and over doors, parts storage to the rear and allocated customer reception, waiting area, office, staff and WC facilities.

Externally the property has a forecourt parking area.

LOCATION

The property is located fronting Wragby Road 2 miles north east of Lincoln City Centre and a short distance from the junction of Wragby Road with Outer Circle Road in an area with a range of established motor trade operators.

SERVICES

All mains services to include gas, water, drainage and electricity are available and connected to the property. Interested parties are advised to make their own enquiries to utility service providers.

TOWN AND COUNTRY PLANNING

We have been advised by the Local Planning Authority that the property has established consent for use as a Tyre and Exhaust Centre under Use Class B2 of the Town and Country Planning (Use Classes) Order 1987 (as amended 2020).

Alternative uses may be appropriate, subject to receipt of necessary planning permission. Interested parties are advised to make their own investigations with the Local Planning Authority.

RATES

Charging Authority:  City of Lincoln Council
Description:  Vehicle Repair Workshop & Premises
Rateable value:  £52,000
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

The property is available To Let by way of a new Full Repairing and Insuring lease, for a term to be agreed.

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.