About this property

Detailed Description

Unit 8 briefly comprise a modern, mid-terraced Industrial/Storage Unit of steel portal frame construction covered with insulated metal cladding to eaves height as well as to the pitched roof covering which also contain translucent panels providing natural light. We believe the Unit was built circa 2017.

The Unit benefits from an electric roller shutter door to the frontage together with a 3-phase electricity supply, lighting, Kitchen, Store, Mezzanine and a Disabled/Unisex WC facility. The maximum ridge height is approximately 5.8 metres, and the minimum eaves height is approximately 5.0 metres.

Parking for 2 cars is available directly in front of the Unit.

Location

The property is situated on the popular Five Mile Industrial Estate on the outskirts of Washingborough approximately 5 miles East of Lincoln City centre and 3 miles East of the Outer Relief Road.

Accommodation

Unit 8 comprises as follows and has been measured on a gross internal area basis:

Description | Sqft | Sqm
Warehouse/Storage Unit | 1,098 | 102.0
Mezzanine | 495 | 46.0
Total GIA (excluding Mezzanine) | 1,098 | 102.0

Business Rates

Having carried out an online search via The Valuation Office Agency website, we believe that Unit 8 Five Mile Business Park is assessed under the 2026 Rating List as a Workshop & Premises with a Rateable Value of £6,000.

Subject to the ingoing tenant meeting certain criteria, it is possible to claim up to 100% exemption from the payment of Business Rates utilising the Government's Small Business Rate Relief Initiative. We would recommend that prospective tenants contact North Kesteven District Council to ascertain the level of Business Rates payable in respect of the property and the potential for claiming exemption for part or all of the liability. Tel: 01529 414155.

Services

We understand that the property benefits from connection to mains electricity with 3 phase supply, drainage and water. We have not carried out any tests on any of the services or appliances within the property and prospective tenants are advised to arrange for their own tests to ensure that the services and utilities are in good working order prior to making a commitment to take a new lease in respect of the property.

Viewing

For further information or to arrange a viewing please contact:

Brown & Co William Gaunt
5 Oakwood Road 01522 504322
Lincoln 07919 694235
LN6 3LH william.gaunt@brown-co.com

VAT

We understand that VAT will be charged on the rent.

Legal Costs

Each party will be responsible for their own legal costs in respect of preparing any new lease negotiated.

Other

EPC
The property has an EPC Rating of C52 which expires on the 21st February 2036

TOWN AND COUNTRY PLANNING
Unit 8 previously been used for Industrial/Storage purposes and therefore has an established use now covered by Use Class E of The Use Classes Order 2020.
Interested parties should make their own enquiries of North Kesteven District Council Tel: 01529 414155 to ensure that their proposed use of the property is acceptable to the Local Planning Authority.

Terms

SERVICE CHARGE
The tenants are to pay a fair proportion of the costs associated with maintaining the communal external areas within Five Mile Business Park.

LEASE TERMS
The property is available by way of a new effective full repairing and insuring lease for a term to be negotiated.

RENTAL TERMS
Unit 8 is available at a rent of £9,000 exclusive of VAT at the appropriate rate.