trade counter 246 newark road lincoln ... - Realla

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PROMINENT SHOWROOM / TRADE COUNTER 353 sq m (3,800 sq ft)

246 NEWARK ROAD LINCOLN LN6 8RP SITE PLAN

FOR SALE / TO LET © Tele Atlas NV/Crown Copyright; Reproduced by Permission of Tele Atlas NV

LOCATION PLAN

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Reduced Price Highly visible premises Very busy arterial route Suitable for a range of occupiers Ease of access to Lincoln City Centre and A46 bypass

LOCATION

TENURE

The property occupies a prominent position immediately to the rear of the Esso Petrol Filling Station on Newark Road close to its junction with Brant Road approximately 2 miles southwest of Lincoln City Centre and 2 miles from the A46 Lincoln bypass.

A lease is with Yorkshire Windows at a passing rent of £25,000 per annum exclusive until March 2017, however, vacant possession may be available by agreement as the tenant is currently not in occupation and wishes to assign.

PROPERTY

PRICE / RENT

The property comprises a detached showroom/trade counter building of steel portal frame construction with brick/block walls surmounted by lined corrugated sheet cladding together with a similarly clad pitched roof. The front elevation incorporates showroom shop front windows with vehicular access loading doors to the rear.

Price: OIEO £325,000

Internally the premises are subdivided to provide main showroom/trade counter accommodation to the front with staff/office/WC facilities and additional warehousing to the rear.

Having measured the property in accordance with the prevailing RICS Code of Measuring Practice we calculate that the property has the following floor area. 353 sq m

A service charge may be levied to cover the upkeep, maintenance and repair of all the common parts of 246 Newark Road. Please contact the agents for further details. Buildings Insurance will be charged in addition.

VAT may be charged in addition to rental at the prevailing rate.

LEGAL COSTS

(3,800 sq ft) In the event of a sale, each party is to be responsible for their own legal costs incurred in documenting the transaction.

SERVICES We understand that mains supplies of gas, water, drainage and electricity are available and connected to the property. Interested parties are recommended to make their own investigations in this regard.

TOWN AND COUNTRY PLANNING The property has consent for uses under Class A1 (Retail/Showroom) for the front third of the building, with the remainder having consent for use falling within Class B8 (Storage & Distribution) of the Town and Country Planning (Use Classes) Order 1987. Interested parties are advised to make their own investigations to the Local Planning Authority.

In the event of a letting, the ingoing Lessees will 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: Francesca Soady Tel: 01522 544515 Email: [email protected] Ref:

RATES Charging Authority: Description: Rateable value: UBR: Period:

SERVICE CHARGE

VAT

ACCOMMODATION

Total GIA:

Rent: £25,000 per annum exclusive

WW/SJ/2310/D13 (JES/F13/JES/D14/JES/G14/LG/C15/JAH/L15 LG/C16/JES/I16)(LS/A17)

North Kesteven District Council Showroom and Premises £24,250 0.497 2016-2017

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.