PROMINENT MOTOR TRADE PREMISES 682 sq m (7,342 sq ft)
FORMER Hi-Q 292/294 WRAGBY ROAD LINCOLN LN2 4QD SITE PLAN
TO LET © Tele Atlas NV/Crown Copyright; Reproduced by Permission of Tele Atlas NV
LOCATION PLAN
Established tyre and exhaust centre Prominent position fronting busy arterial route Self-contained forecourt parking
LOCATION
TENURE
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.
Our clients hold a Full Repairing and Insuring Lease for a th term of years expiring on 6 February 2017.
Lincoln itself has a resident population of 93,541 (2011 Census) and is located 29 miles south of Scunthorpe and 38 miles north east of Nottingham.
The property is available by way of an assignment of our clients interest or alternatively by way of a sublease on terms to be agreed.
RENT £50,000 per annum exclusive
PROPERTY 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 self-contained forecourt parking area.
ACCOMMODATION Having measured the property in accordance with the RICS Code of Measuring Practice (Sixth Edition) we calculate that the property has the following Gross Internal Area (GIA):Total GIA:
682 sq m
(7,342 sq ft)
The total site area is 0.11 hectares (0.27 acres).
VAT VAT may be charged in addition to the rental at the prevailing rate.
LEGAL COSTS The ingoing tenant is to be responsible for both parties proper and reasonable legal costs incurred in documenting the transaction.
VIEWING To view the premises and for any additional information please contact the sole agents.
Contact: Tel: Email:
William Wall 01522 544515
[email protected] Ref:
WW/SP/SJ/349-G/H13
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.
RATES Charging Authority: Description: Rateable value: UBR: Period:
Lincoln City Council Vehicle Repair Workshop & Premises £48,500 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.
(JES/D14/D15)(LS/L15)