About this property

Detailed Description

The property comprises a former Car Sales, Garage and MOT Centre that is currently being used a Hand Car Wash and comprises a single storey Workshop/Showroom of brick construction with a predominately pitched and corrugated asbestos sheet roof covering and a surfaced Forecourt to the front and side. The total site area is approximately 0.20 acres.

Internally the property provides a Workshop to the rear with a Showroom, 2 Offices, Kitchen and WC to the front. The property benefits from three-phase electricity, concrete or tiled floors and strip lighting.

Externally there is a surfaced Forecourt of approximately 0.15 acres and the property will benefit from a right of way over the areas outlined in blue on the plan attached.

Location

Lincoln is a Roman City which has grown dramatically over the last 20 years and which currently has a resident population, to include North Hykeham, of approximately 130,000 people. The A46 bypasses the City and links it to the A1 at Newark approximately 16 miles away. Lincoln has an established rail connection to London Kings Cross with a fastest journey time of approximately 2 hours.

Unit 10, Hereward Business Centre is situated approximately 4.3 miles to the South of the City Centre, just off the A1434 Newark Road. Newark Road is a busy road that leads directly onto the A46 bypass which is approximately 1.4 miles to the South West, and also provides quick access into the City Centre.

Accommodation

The property has been measured on a Gross Internal Area basis.

Description | m2 | Sq.ft
Workshop/Showroom, 2 Offices, Kitchen & WC | 189.7| 2,042

Business Rates

According to the Valuation Office Agency website the property is assessed under the 2023 Rating List as a Garage & Premises with a Rateable Value £12,000.

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, potential tenants should discuss this matter with North Kesteven District Council Tel: 01529 414155.

Services

We understand that the Unit is connected to mains electricity (3- phase), 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

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

VAT

We have been advised that the landlord has not elected to charge VAT.

Legal Costs

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

Terms

Unit 10, Hereward Business Centre is to be made available by way of a new effective full repairing and insuring lease for a term to be negotiated.