About this property

Detailed Description

The property is an mid-terrace Industrial/Storage unit located in the popular Stonefield Park Industrial Estate. The Unit has brick and block walls with a profiled and a new profiled and clad insulated roof and provides good open Industrial/Storage space with a sperate Office & WC. The Industrial/Storage space benefits from a roller shutter door, kitchen units, 3 phase electricity supply, LED Lighting and concrete floor.

Location

Stonefield Park Industrial Estate is well located just off Canwick Road around 0.4 miles South East from Lincoln Railway Station and 2 miles North of Lincoln Eastern Bypass which provides access to Newark and the A1 which is approximately 17 miles away.

As of the 2011 Census, Lincoln and North Hykeham had a combined resident population of approximately 110,000 people.

Accommodation

Description | m2 | Sq.ft
Industrial/Storage, Office & WC | 92.4 | 995
Total GIA | 92.4 |995

Business Rates

According to the Valuation Office Agency the property is entered on the 2023 Rating List with a rateable value £6,500.

Each of the Units at Stonefield Park Industrial Estate are assessed for Non-Domestic Business Rates and potential tenants are advised to make their own enquiries either via The Valuation Office Agency website or via the Business Rates Department at Lincoln City Council Tel: 01522 881188.

Subject to each 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 Rate Relief Initiative. For further information in this regard, each potential tenant should discuss this matter with Lincoln City Council whose details are provided above.

Services

We understand that the Unit is connected to mains electricity, water, and drainage.

Prospective tenants are advised to check upon the adequacy and provision of services with the relevant Statutory Authorities prior to making an offer to take a new lease in respect of any the properties available.

Viewing

For further information or to arrange a viewing please contact:

Brown&Co
William Gaunt
01522 504322
07919 694235
william.gaunt@brown-co.com

VAT

The rental terms quoted exclusive of 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 D83 which expires on the 4th October 2025.

TOWN AND COUNTRY PLANNING
We understand that the Unit now falls under Use Class E of the Use Classes Order 2020. For further information in respect of planning-related matters,
potential tenants are advised to contact the Planning Department at Lincoln City Council Tel: 01522 881188.

Terms

Unit 10 Stonefield Park Industrial Estate is to be made available by way of a new effective full repairing and insuring lease for a term to be negotiated.