Modern business unit
Quick access to A46 Lincoln Bypass
228 sq m (2,455 sq ft)
TO LET
Ideal for expanding local business
1 SADLER COURT, SADLER ROAD, LINCOLN, LN6 3RG
Mix of office & industrial accommodation
LOCATION
their own investigations to the Local Planning Authority.
The premises are located on Sadler Court, accessed off Sadler Road, a short distance from its junction with Doddington Road. The estate provides quick access to the A46 Lincoln Bypass and a range of surrounding amenities.
RATES
PROPERTY The building comprises a modern business unit of steel portal frame construction with brick/block walls surmounted by lined cladding with a similarly clad pitched roof. It benefits from separate pedestrian and vehicular up and over loading door access. The interior is sub-divided to provide an open plan workshop/storage area with solid concrete floor, 4.5 metre working height, suspended down lighting and warm air blower heating. The office area provides reception, open plan and private offices with carpeted floors, painted plastered walls, suspended ceilings incorporating inset lighting and air conditioning plus associated staff and WC facilities. Externally, there are 8 allocated car parking spaces.
Charging Authority: City of Lincoln Council Description: Warehouse and Premises Rateable value: £15,250 UBR: 0.479 Period: 2017-2018 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 by way of an assignment or sub-letting of the existing Full Repairing and Insuring lease over the property, which is for a term of years to expire on 19 February 2023. We understand that the Landlords may consider granting a new longer term lease on terms to be agreed.
RENT
ACCOMMODATION Having measured the property in accordance with the prevailing RICS property measurement guidance, we calculate that the property has the following gross internal floor area:
£12,500 per annum exclusive
SERVICE CHARGE
Industrial Office
93 sq m 135 sq m
(1,001 sq ft) (1,454 sq ft)
A service charge will be levied to cover the upkeep, maintenance and repair of all common parts of the wider business park. Buildings insurance will be charged in addition.
Total GIA:
228 sq m
(2,455 sq ft)
VAT
SERVICES We understand that all mains services are available and connected to the property. Interested parties are advised to make their own investigations to the utility service providers.
TOWN AND COUNTRY PLANNING
VAT will be charged in addition to the rent at the prevailing rate.
LEGAL COSTS The ingoing tenants are to be responsible for both parties proper and reasonable legal costs incurred in documenting the transaction.
We are advised by City of Lincoln Council Planning Department that the property has consent for uses falling within Class B1 (Light Industrial/Offices) of the Town and County Planning (Use Classes) Order 1987 (as amended). Interested parties are advised to make
The Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 require estate agents and solicitors to formally identify parties to a transaction. Interested parties will therefore be required to provide proof of identity and address, normally a photocard driving licence or passport and recent utility bill. BANKS LONG & CO for themselves and for the vendors or lessors of this property whose agents they give notice that (i) the particulars are set out as a general outline only for the guidance of intending purchasers or lessers and do not consitute part of an offer or contract (ii) all descriptions, dimensions, references to condition and necessary permissions for use and occupation and other details are given in good faith and are believed to be correct but any intending purchasers or tenants should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of each of them (iii) no person in the employment of BANKS LONG & CO has any authority to make or give any representation or warranty whatever in relation to this property.
VIEWING: To view the premises
and for any additional information please contact the sole agents.
Contact: Francesca Soady T : 01522 544515 E :
[email protected] Ref. 9149/2017