Description
The property comprises a single storey workshop unit of brick wall elevations with pitched pantile clad roof.
The property benefits from three phase power solid concrete floor, loading door and WC facilities.
The property benefits from allocated car parking.
LOCATION
The Hereward Business Centre is located just off the busy Newark Road in North Hykeham about 5 miles south of Lincoln city centre.
It benefits from quick access to the A46 Lincoln Bypass/dual carriageway and is surrounded by a range of amenities including Asda Superstore.
TOWN AND COUNTRY PLANNING
We understand that the property has consent for uses falling within Class B1 (Light Industrial) of the Town and Country Planning (Use Classes) Order 1987 (as amended).
Alternative uses, may be appropriate subject to receipt of necessary Planning Consent.
RATES
Charging Authority: North Kesteven District Council
Description: Workshop and Premises
Rateable value: £3,150
UBR: 0.512
Period: 2020 - 2021
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 on a 3 year Full Repairing and Insuring lease with mutual breaks upon 6 months’ notice.
SERVICE CHARGE
A service charge will be levied to cover the upkeep, maintenance and repair of all common parts of the development.
Buildings insurance will be charged in addition.
VAT
The rent will not be subject to VAT.
LEGAL COSTS
Each party is to be responsible for their own legal costs incurred in documenting the transaction.