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Unit 7, Quarry Industrial Estate, Grantham Road, Waddington, Lincoln, Lincolnshire, LN5 9NT
1,777 sq. ft. (165.09 sq. m.)
£8,500
Industrial
  • Modern, mid-terraced Industrial Unit / Store on established Business Park located directly off A607 Grantham Road.
  • GIA approx. 1,177 sq ft (109.3 sq m) with the Premises having 3 phase electricity supply, Unisex WC facility and electric roller shutter door.
  • Property constructed circa 2020 to a good standard with eaves height of approximately 5.55 metres (18' 2").
  • A new effective full repairing and insuring lease is available for a minimum initial term of 3 years.

MODERN INDUSTRIAL UNIT / STORE
UNIT 7 QUARRY BUSINESS PARK, GRANTHAM ROAD, WADDINGTON, LINCOLN, LN5 9NT
RENT: £8,500 P.A.X LEASEHOLD 1,777 SQ FT (109.3 SQ M)

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About this property

Detailed Description

Unit 7 Quarry Business Park briefly comprises a modern, mid-terraced Industrial Unit / Store built circa 2020 of portal frame construction with profiled and insulated metal cladding to the external elevations and pitched roof covering.

The Premises benefit from 3 phase electricity, electric roller shutter door to the front elevation, a Unisex WC facility and an eaves height of approximately 5.55 metres (18' 2").

Shared Car Parking is provided to the frontage for the tenants at Quarry Business Park.

Location

Waddington is a large Village located approximately 5 miles South of the City of Lincoln having a population of approximately 6,100 people as of the 2011 Census.

Quarry Business Park is an established Commercial location accessed directly off the A607 Grantham Road and which is home to a wide variety of businesses.

Accommodation

In Terms of Gross Internal Area, Unit 7 comprises as follows:

Description Sq M Sq FT
Industrial Unit / Store 109.3 1,177
TOTAL 109.3 1,177

Business Rates

We understand that Unit 7 Quarry Business Park is assessed under The 2017 Rating List as a Workshop & Premises with a Rateable Value of £7,100.

Subject to the ingoing tenant meeting certain criteria, it is possible to claim up to 100% exemption from the payment of Non-Domestic Business Rates utilising the Government's Small Business Rates Relief Initiative.

For further information in respect of the level of Business Rates payable, and any potential exemptions in existence, prospective tenants should contact North Kesteven District Council. Tel: 01529 414155.

Services

We understand that Unit 7 Quarry Business Park is connected to mains electricity (with 3 phase supply), water and drainage. We understand that mains gas is available in this location but is not connected to the subject property.

We have not carried out any tests on any of the services or appliances present at the property and any potential tenant should arrange for their own tests to ensure that any services are adequate and in good working condition before committing to take a new lease in respect of the property described herein.

Viewing

VIEWING AND FURTHER INFORMATION
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

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

Other

EPC RATING
Unit 7 Quarry Business Park is exempt from requiring an EPC.

TOWN & COUNTRY PLANNING
Unit 7 Quarry Business Park has been used since construction as an Industrial Unit / Store and as such has an established use now falling under Use Class E of the Town & Country Planning (Use Classes) Order 2020.

Prospective tenants should make their own enquiries regarding planning-related matters via The Planning Department at North Kesteven District Council. Tel: 01529 414155.

Terms

LEASE TERMS
The property is available by way of a new effective full repairing and insuring lease for a minimum initial term of 3 years.

RENTAL TERMS
We are quoting a rent of £8,000 per annum exclusive of VAT at the appropriate rate.

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To arrange a viewing contact

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

07768 465753

01522 457172

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