prestigious period offices st hughs 23 newport lincoln ln1 3dn
PRESTIGIOUS PERIOD OFFICES 602 sq m (6,484 sq ft)
ST HUGHS 23 NEWPORT LINCOLN LN1 3DN SITE PLAN
FOR SALE © Tele Atlas NV/Crown Copyright; Reproduced by Permission of Tele Atlas NV
LOCATION PLAN
Rare uphill opportunity Striking Grade II Listed building Extensive grounds Income producing Alternative use potential (subject to necessary planning consent)
LOCATION
TOWN AND COUNTRY PLANNING
St Hughs occupies a secluded albeit accessible position in a sought after uphill Lincoln location a short distance from the various amenities of the Bailgate area and Lincoln Cathedral and Castle tourist attractions beyond.
We have been advised by the Local Planning Authority that the property has established use as offices falling with Class B1 of the Town and Country Planning (Use Classes) Order 1987 (as amended).
Lincoln itself has a resident population of 93,541 (2011 Census) and is positioned 29 miles south of Scunthorpe and 38 miles northeast of Nottingham.
The property is Grade II Listed and lies within a Conservation Area.
RATES PROPERTY St Hughs comprises a striking period property of traditional brick wall construction with stuccoed front elevation set beneath hipped and gabled slate and pantile clad roofs and five rendered side wall stacks. The main th block is late 18 Century and three storeys with rear th th extensions being 19 and 20 Century additions generally two storeys. The building stands on the site of an Augustinian Friary. Internally the accommodation provides a range of private and open plan offices, meeting rooms, staff, WC and storage facilities over ground, first and second floor levels with further storage in the basement and rear garage/barn areas. The office areas are generally finished with carpeted floors and painted/papered plastered walls and ceilings, gas central heating served radiators and mounted/suspended lighting. The interior incorporates an attractive open central staircase with complementary original features such as high decorative ceilings and fireplaces. The building is set within ample grounds having extensive lawned areas to the east and northwest together with mature trees and shrubbery. Privacy is provided by way of a walled and gated entrance off Newport with allocated hard surfaced car parking to the north of the building.
Charging Authority: Description: Rateable value: UBR: Period:
Lincoln City Council Offices and Premises £49,000 0.493 2015-2016
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 for sale subject to an occupational tenancy. The lease is held by BDO LLP by way of a tenancy of a term of years expiring on 25 March 2017 at a passing rental of £52,000 per annum exclusive. The lease is drafted on Full Repairing and Insuring terms.
PRICE OIRO: £950,000
VAT VAT may be applicable in addition to the sale price at the prevailing rate.
LEGAL COSTS ACCOMMODATION Having measured the property in accordance with the prevailing RICS Code of Measuring Practice, we calculate that it has the following floor areas:Ground Floor First Floor Second Floor Basement Garage/Barn Total NIA: Total GIA:
232 sq m 152 sq m 64 sq m 20 sq m 35 sq m 503 sq m 602 sq m
(2,492 sq ft) (1,635 sq ft) (690 sq ft) (220 sq ft) (380 sq ft) (5,417 sq ft) (6,484 sq ft)
Each party is to be responsible for their own legal costs incurred in documenting the transaction.
ENERGY PERFORMANCE CERTIFICATE The property is Listed and does not therefore require an EPC.
VIEWING To view the premises and for any additional information please contact the sole agents.
SERVICES We are advised that 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 investigations to utility service providers.
Contact: William Wall Tel: 01522 544515 Email: [email protected] Ref:
WW/LS/1321/J15
ST HUGHS 23 NEWPORT LINCOLN LN1 3DN SITE PLAN
FOR SALE © Tele Atlas NV/Crown Copyright; Reproduced by Permission of Tele Atlas NV
LOCATION PLAN
Rare uphill opportunity Striking Grade II Listed building Extensive grounds Income producing Alternative use potential (subject to necessary planning consent)
LOCATION
TOWN AND COUNTRY PLANNING
St Hughs occupies a secluded albeit accessible position in a sought after uphill Lincoln location a short distance from the various amenities of the Bailgate area and Lincoln Cathedral and Castle tourist attractions beyond.
We have been advised by the Local Planning Authority that the property has established use as offices falling with Class B1 of the Town and Country Planning (Use Classes) Order 1987 (as amended).
Lincoln itself has a resident population of 93,541 (2011 Census) and is positioned 29 miles south of Scunthorpe and 38 miles northeast of Nottingham.
The property is Grade II Listed and lies within a Conservation Area.
RATES PROPERTY St Hughs comprises a striking period property of traditional brick wall construction with stuccoed front elevation set beneath hipped and gabled slate and pantile clad roofs and five rendered side wall stacks. The main th block is late 18 Century and three storeys with rear th th extensions being 19 and 20 Century additions generally two storeys. The building stands on the site of an Augustinian Friary. Internally the accommodation provides a range of private and open plan offices, meeting rooms, staff, WC and storage facilities over ground, first and second floor levels with further storage in the basement and rear garage/barn areas. The office areas are generally finished with carpeted floors and painted/papered plastered walls and ceilings, gas central heating served radiators and mounted/suspended lighting. The interior incorporates an attractive open central staircase with complementary original features such as high decorative ceilings and fireplaces. The building is set within ample grounds having extensive lawned areas to the east and northwest together with mature trees and shrubbery. Privacy is provided by way of a walled and gated entrance off Newport with allocated hard surfaced car parking to the north of the building.
Charging Authority: Description: Rateable value: UBR: Period:
Lincoln City Council Offices and Premises £49,000 0.493 2015-2016
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 for sale subject to an occupational tenancy. The lease is held by BDO LLP by way of a tenancy of a term of years expiring on 25 March 2017 at a passing rental of £52,000 per annum exclusive. The lease is drafted on Full Repairing and Insuring terms.
PRICE OIRO: £950,000
VAT VAT may be applicable in addition to the sale price at the prevailing rate.
LEGAL COSTS ACCOMMODATION Having measured the property in accordance with the prevailing RICS Code of Measuring Practice, we calculate that it has the following floor areas:Ground Floor First Floor Second Floor Basement Garage/Barn Total NIA: Total GIA:
232 sq m 152 sq m 64 sq m 20 sq m 35 sq m 503 sq m 602 sq m
(2,492 sq ft) (1,635 sq ft) (690 sq ft) (220 sq ft) (380 sq ft) (5,417 sq ft) (6,484 sq ft)
Each party is to be responsible for their own legal costs incurred in documenting the transaction.
ENERGY PERFORMANCE CERTIFICATE The property is Listed and does not therefore require an EPC.
VIEWING To view the premises and for any additional information please contact the sole agents.
SERVICES We are advised that 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 investigations to utility service providers.
Contact: William Wall Tel: 01522 544515 Email: [email protected] Ref:
WW/LS/1321/J15
