About this property

Detailed Description

The property is an end terraced industrial unit of steel portal frame with brick and block walls covered with a pitched and insulated metal clad roof.

The unit currently benefits from an office, 1 x WC (disabled), concrete floor, manual roller shutter door, metal personnel door, strip lighting, double glazed windows, 3 phase electricity supply and has an eaves height of approximately 3.1m (10 ft 2 inches).

Externally there is parking and a loading area to the front.

Location

Unit 2D is well located on a popular small Industrial Estate just off Fen Road which on the outskirts of the large village of Ruskington. Ruskington is a large and expanding, predominantly Residential Village located approximately 5 miles North of the Market Town of Sleaford.

Easy access from Ruskington can be obtained to the A17 which bypasses Sleaford and provides access via the A15 to the City of Lincoln approximately 17 miles to the North and via the A17 to the Market Town of Boston, approximately 22 miles to the East.

Accommodation

The property has been measured on a gross internal area basis.

Description | m2 | Sq.ft
Industrial/Storage Unit & WC | 92.7 | 998
Total NIA | 92.7 | 998

Business Rates

We believe that Unit 2D is assessed under the 2023 Rating List as a Workshop & Premises with a Rateable Value of £4,400.

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

We would recommend that prospective tenants contact North Kesteven District Council to ascertain the level of Business Rates payable in respect of the property and the potential for claiming exemption from part or all of the liability. Tel: 01529 414155.

Services

We understand that the Unit is connected to mains electricity (3 phased), 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:

William Gaunt James Cameron
01522 504322 01522 457800
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.

Other

EPC
The property has an EPC rating of E109 which expires on the 1st April 2028.

TOWN AND COUNTRY PLANNING
We understand that Unit 1B has an established use that 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 North Kesteven District Council Tel: 01529 414155.

Terms

LEASE TERMS
Unit 2D Close is to be made available by way of a new effective full repairing and insuring lease for a minimum initial term of 3 years.

RENTAL TERMS
£7,500 per annum plus VAT and service charge.