About this property

Detailed Description

Unit 4b briefly comprises a detached steel portal framed Industrial Unit with insulated profiled metal cladding to the majority of the external elevations together with roof coverings. The main space is accessed via two roller shutter doors with the property having a 3 phase electricity supply together with electric heating to the Office space. The eaves height in the main space is approximately 4.25m (14 ft) and which also contains a Vehicle Inspection Pit. There is a mixture of halogen and sodium lighting throughout with the property benefiting from multiple WC facilities and a Kitchen.

Externally, there is limited space for loading together with car parking.

Sewstern Industrial Estate is fully enclosed with fencing and gates to the perimeter and benefits from floodlighting and monitored CCTV system.

Location

Sewstern Industrial Estate can be found utilising the postcode on the front cover of our Letting Particulars and is situated approximately 4 miles West of the A1 junction at Colsterworth and approximately 11 miles East of Melton Mowbray and 10 miles South of Grantham.

Sewstern Industrial Estate is an established Commercial location strategically located for easy access to the A1 both North and Southbound.

Accommodation

In Terms of Gross Internal Area, Unit 4b has the following approximate area:

4b - Industrial Unit with Offices - 506 sq m / 5,446 sq ft

Business Rates

Unit 4b at Sewstern Industrial Estate is assessed under the 2017 Rating List as a Workshop & Premises with a Rateable Value of £13,750. This figure is due to rise ot £17,000 with effect from 1st April 2023.

For further information in respect of the level of Business Rates payable and any potential exemptions that may exist, prospective tenants should contact South Kesteven District Council. Tel: 01476 406080.

Services

We understand that Unit 4b is connected to mains electricity (with 3 phase supply) together with water and drainage. We understand that mains gas is not available in this location.

We have not carried out tests on any of the services or appliances believed to be connected to the property and interested parties should arrange for their own tests to ensure that services are in good working order and sufficient to their requirements prior to taking a new lease in respect of this property.

Viewing

Strictly by prior appointment with the Sole Letting Agents:

Brown & Co
5 Oakwood Road Lincoln
LN6 3LH
Tel: 01522 457800

James Cameron
01522 457172
07768 465753
james.cameron@brown-co.com

VAT

We understand that VAT will be charged upon the rent and other outgoings to be paid under the terms of the new lease to be granted.

Legal Costs

The ingoing tenant will be responsible for payment of 50% of the landlord's legal costs associated with the preparation of the new lease.

Other

EPC
A new EPC has been ordered for Unit 4b.

TOWN & COUNTRY PLANNING
The property has historically been used as an Industrial Unit and as such has an established use now covered by Use Class E.

Prospective tenants should make their own planning-related enquiries regarding this property via South Kesteven District Council. Tel: 01476 406080.

Terms

LEASE TERMS
A new effective full repairing and insuring lease is available for a minimum term of 3 years.

RENTAL TERMS
£21,750 per annum exclusive of VAT at the appropriate rate.