About this property

Detailed Description

The property comprises a 1980's detached Industrial Unit with a gated and surfaced Yard on a site area of approximately 0.36 acres. The Unit is of steel portal frame construction with brick walls to
the base with metal cladding above to eaves height as well as to the pitched roof covering which contains translucent panels.

Internally, the property includes a large Reception/Office Space, 3 further Offices, Kitchen/Staffroom, 4 WC's, Stores & Industrial Unit on the Ground Floor with a large Mezzanine Platform above which contains 2 additional WC's. We understand that half of the Mezzanine Platform can be removed if required.

The Industrial Unit has an electric roller shutter door to the front elevation with a 400 KVA 3 phase electricity supply, concrete floor and LED lighting. The Unit has a maximum eaves height of approx. 5.8m. The Offices/Reception space is finished to good standard with suspended ceilings with inset lighting panels, gas central heating and fitted flooring

Externally there is a gated and surfaced Yard with security fencing surrounding the whole site.

Location

Lincoln is a Cathedral City with an urban population of 130,200 (2011 Census). The City is located approximately 33 miles North East of Nottingham, 41 miles South East of Sheffield and 48 miles North of Peterborough.

The subject property is well located on the popular Westminster Industrial Estate, just 1.5 miles from the A46 Lincoln Bypass providing quick access to the A1. Lincoln City Centre is located just 5 miles to North East and North Hykeham Railway Station is just 0.4 miles away.

Accommodation

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

Description | m2 | Sq.ft
Industrial Unit, Offices, Kitchen & WC's | 739.0 | 7,955
Mezzanine | 703.2 | 7,569
Total GIA (excluding mezzanine) | 739.0 | 7,955

Business Rates

The property is assessed under the 2026 Rating List as a Warehouse and Premises with a Rateable Value of £34,750.

We would recommend that prospective tenants contact North Kesteven District Council to ascertain the level of Business Rates payable in respect of the property. Tel: 01529 414155.

Services

We understand that the property is connected to mains 3 phase electricity (400 KVA), gas, 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 this property.

Viewing

For further information or to arrange a viewing please contact:

Brown&Co
5 Oakwood Road
Lincoln
LN6 3LH

William Gaunt James Cameron
01522 504322 01522 457172
07919 694235 07768 465753
william.gaunt@brown-co.com james.cameron@brown-co.com

VAT

We have been informed that the landlord has elected to charge VAT

Legal Costs

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

Other

EPC
The property has an EPC Rating of D90 which expires on the 17th January 2028.

TOWN AND COUNTRY PLANNING
We understand that the property has an established use for Workshop/Storage purposes that now falls under Use Class E of The Use Classes Order 2020.
For further information in respect of planning-related matters, prospective tenants are advised to contact the Planning Department at North Kesteven District Council Tel: 01529 414155

Terms

LEASE TERMS
The property is to be made available by either an assignment of the existing lease which expires on the 28th January 2029 or a new effective full repairing and insuring lease for a minimum initial term of 5 years.

RENTAL TERMS
£48,000 per annum plus VAT.