freeman road, north hykeham, lincoln ln6 9ap - Banks Long & Co
Extensive industrial complex
Available late 2018
6,821 sq m (73,429 sq ft)
TO LET
1.68 hectares (4.16 acres)
FREEMAN ROAD, NORTH HYKEHAM, LINCOLN LN6 9AP
Up to 9.5 metres eaves height
LOCATION
TOWN AND COUNTRY PLANNING
The property is positioned at the north eastern end of Freeman Road within the south west business quarter of the Lincoln conurbation. This location is close to North Hykeham Train Station with the nearby A46 Lincoln Bypass providing quick access to the A1 (11 miles south west).
We are advised by North Kesteven District Council that the property has established use falling within Class B2 (General Industrial) of the Town and Country Planning (Use Classes) Order 1987 (as amended). Interested parties are advised to make their own investigations to the Local Planning Authority.
PROPERT Y
RATES
This comprises a substantial complex of accommodation with a 1960s concrete frame, two storey office block to the front and warehouse bays of varying age, specification and eaves height constructed in phases between the late 1960s and 1990s. The lowest original bay has a minimum working height of 2.35m with the central bays benefitting from up to 7.85m and the eastern bay 9.5m. The property has vehicular access via a roller shutter loading door off the concrete surfaced side yard area. There is also a security gatehouse and extensive car parking for 143 vehicles. The site totals 1.68 hectares (4.16 acres).
Charging Authority: North Kesteven District Council Description: Factory and premises Rateable value: £178,000 UBR: 0.479 Period: 2017-2018
ACCOMMODATION Having measured the property in accordance with the prevailing RICS property measurement guidance, we calculate that the property has the following floor area: Offices 1,699 sq m (18,293 sq ft) -------------------------------------------------------------------Industrial 5,122 sq m (55,136 sq ft) -------------------------------------------------------------------Total GIA: 6,821 sq m (73,429 sq ft)
SERVICES We understand that all mains services including gas, water, electricity and drainage are available and connected to the property. Interested parties are advised to make their own investigations to the utility service providers.
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.
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 will be available from late 2018 to let by way of a new Full Repairing and Insuring lease for a term of years to be agreed.
RENT £175,000 per annum exclusive
VAT VAT may be charged in addition to the rent at the prevailing rate.
LEGAL COSTS The tenants are to be responsible for both parties proper and reasonable legal costs incurred in documenting the transaction.
Contact: William Wall T : 01522 544515 E : [email protected] Ref. 5008/2017
Available late 2018
6,821 sq m (73,429 sq ft)
TO LET
1.68 hectares (4.16 acres)
FREEMAN ROAD, NORTH HYKEHAM, LINCOLN LN6 9AP
Up to 9.5 metres eaves height
LOCATION
TOWN AND COUNTRY PLANNING
The property is positioned at the north eastern end of Freeman Road within the south west business quarter of the Lincoln conurbation. This location is close to North Hykeham Train Station with the nearby A46 Lincoln Bypass providing quick access to the A1 (11 miles south west).
We are advised by North Kesteven District Council that the property has established use falling within Class B2 (General Industrial) of the Town and Country Planning (Use Classes) Order 1987 (as amended). Interested parties are advised to make their own investigations to the Local Planning Authority.
PROPERT Y
RATES
This comprises a substantial complex of accommodation with a 1960s concrete frame, two storey office block to the front and warehouse bays of varying age, specification and eaves height constructed in phases between the late 1960s and 1990s. The lowest original bay has a minimum working height of 2.35m with the central bays benefitting from up to 7.85m and the eastern bay 9.5m. The property has vehicular access via a roller shutter loading door off the concrete surfaced side yard area. There is also a security gatehouse and extensive car parking for 143 vehicles. The site totals 1.68 hectares (4.16 acres).
Charging Authority: North Kesteven District Council Description: Factory and premises Rateable value: £178,000 UBR: 0.479 Period: 2017-2018
ACCOMMODATION Having measured the property in accordance with the prevailing RICS property measurement guidance, we calculate that the property has the following floor area: Offices 1,699 sq m (18,293 sq ft) -------------------------------------------------------------------Industrial 5,122 sq m (55,136 sq ft) -------------------------------------------------------------------Total GIA: 6,821 sq m (73,429 sq ft)
SERVICES We understand that all mains services including gas, water, electricity and drainage are available and connected to the property. Interested parties are advised to make their own investigations to the utility service providers.
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.
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 will be available from late 2018 to let by way of a new Full Repairing and Insuring lease for a term of years to be agreed.
RENT £175,000 per annum exclusive
VAT VAT may be charged in addition to the rent at the prevailing rate.
LEGAL COSTS The tenants are to be responsible for both parties proper and reasonable legal costs incurred in documenting the transaction.
Contact: William Wall T : 01522 544515 E : [email protected] Ref. 5008/2017
