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Chieftain Way, Tritton Road Trading Estate, Lincoln, Lincolnshire, LN6 7RY
0.63 ha (1.56 ac)
For the Long Leasehold
£1,000,000
Industrial
  • Buildings extending to 12,345 Sq ft (GIA)
  • Off popular Tritton Road
  • Good concrete yard area
  • Palisade fencing

EX BUILDERS MERCHANTS COMPOUND, CHIEFTAIN WAY, TRITTON ROAD, LINCOLN, LN6 7RY
Guide Price £1,000,000
For sale subject to a long leaseholder at a peppercorn rent terminating in 2110.
Size 1.56 Acres (P.63 Hectares)

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About this property

Detailed Description

LOCATION
The site is located off Chieftain Way, a cul de sac road off Tritton Road, the A1192, located south-west of the city. A location plan is provided below.

DESCRIPTION
Extending to 1.56 acres this ex-builders merchants site is a well laid out site. The open storage is a concrete yard in the main with two main buildings on separate sides of the site.

To the right of the entrance is a warehouse comprising 3,810 sq ft (GIA) with a concrete floor, block work sides and a fibre cement roof. The unit also benefits from two wrap-over doors.

The other buildings are made up of a warehouse with one wrap-over door, concrete floor, concrete portal frame and single skin fibre cement roof. This building is attached to the flat roofed former sales room with W.C. and kitchen. The main sales area has a suspended ceiling and tiled floor.

ACCOMMODATION
DESCRIPTION
Warehouse (left of entrance) 354 M Sq (3,810 Ft Sq)
Warehouse (adjoining sales room) 516 M Sq (5,554 Ft Sq)
Sales Room 277 M Sq (2,991 Ft Sq)
Total GIA 1,114 M Sq (12,355 Ft Sq)
Site Area 6,313 M Sq (67,953 Ft Sq)

SERVICES
It is understood that the site benefits from mains water, foul to the mains and electricity.

PLANNING
The site has previously been used as a builder's merchant's depot. Interested parties should satisfy themselves as to the appropriateness of the planning consent for interested parties own use.

BUSINESS RATES
The site is currently assessed for Business Rates at a Rateble Value of £56,000 from 1st April 2023.

TERMS
The sale is subject to a long leasehold with a peppercorn rent terminating on 25th June 2110 (86 years remaining).

EPC
The property has an EPC rating of 98D

VAT
The guide price quoted within these particulars of sale is exclusive of VAT at the prevailing rate and, as far as we are aware VAT will not be charged on this transaction.

WAYLEAVES, EASEMENTS AND RIGHTS OF WAY
The land is sold subject to, and with the benefit of, all existing obligations and rights, including rights of way, whether public or private, light, support, drainage, water, electricity supplies and other obligations, easements, quasi-easements and all wayleaves, whether referred to or not in these Particulars.

ANTI MONEY LAUNDERING LEGISLATION
In accordance with the most recent Anti Money Laundering Legislation, buyers will be required to provide proof of identity and address to the selling agent once an offer has been submitted and accepted (subject to contract) prior to solicitors being instructed.

LEGAL COSTS
Each party to be responsible for their own legal costs incurred in this transaction.

VIEWING AND FURTHER INFORMATION
For further information or to arrange a viewing please contact:

Nick Dawes
Brown & Co
01522 457171
07768 465725
nick.dawes@brown-co.com?

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To arrange a viewing contact

Brown&CoJHWalter, 5 Oakwood Road, Lincoln, Lincolnshire, LN6 3LH

07768 465725

01522 457800

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