About this property

Detailed Description

Unit 3 Lyndon Business Park briefly comprises a modern, mid terraced Industrial/Storage Unit built circa 2000 which is of steel portal frame construction with brick and block walls to the base and with profiled and insulated metal cladding above to eaves height as well as to the pitched roof covering which also contain translucent panels. The unit benefits from a full height roller shutter doors to the frontage together with a 3 phase electricity supply, office and a unisex WC facility. The eaves height is approximately 5 meters (16 ft 6 inches).

Shared Yardage and Parking are provided to the frontage. Lyndon Business Park is fenced and gated to aid security

Location

We understand that the property benefits from connection to mains electricity with 3 phase supply, water and drainage. 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.

Accommodation

Unit 2 provides the following accommodation and has been measured on a gross internal area basis:

Description | Sqft | Sqm
Industrial/Storage | 180.9 | 1,947

Business Rates

We would recommend that prospective tenants contact Lincoln City 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: 01522 881188.

Services

We understand that the property benefits from connection to mains electricity with 3 phase supply, water and drainage. 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

Strictly by prior appointment with the Sole Agents:

AGENT William Gaunt
Brown & Co 01522 504322
5 Oakwood Road 07919 694235
Lincoln, LN6 3LH william.gaunt@brown-co.com
Tel: 01522 457800

VAT

The asking rent quoted above is exclusive of, but may be liable to VAT at the prevailing rate and prospective tenants should check the position regarding VAT prior to making an offer to take a new lease in respect of the property.

Legal Costs

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

Other

SERVICE CHARGE & BUILDING INSURANCE
A monthly service charge payment will be made by the ingoing tenant to the landlord to cover a proportion of the landlords costs associated with maintaining the common external areas at Lyndon Business Park. Buildings insurance will also be payable by the ingoing tenant to the landlord annually in advance. The
current buildings insurance premium and service charge budget appropriate to each Unit is available via Brown & Co as Sole Agents upon request.

TOWN AND COUNTRY PLANNING
Unit 3 has 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. This allows the property properties to be used for Light & General Industrial purposes as well as for Storage.

EPC
The property has an EPC rating of TBC

Terms

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
£16,500 per annum.