About this property

Detailed Description

The G-Tech building is an attached two storey Office building with a shared Entrance Lobby, WC's and Kitchen facilities. The available space within the building comprises a Ground Floor Office Suite consisting of 4 Offices/Meeting Rooms with shared Disabled and Ladies WC and the First Floor Office Suites of different sizes. Two of the Office Suites on the First Floor are predominately open-plan and other have been divided by glass/stud wall partitioning to
create Meeting Rooms. The Suites are available separately or can be combined.

The Office Suites benefits from carpet flooring, painted and plastered walls and suspended ceilings with inset lighting and air conditioning units. Externally there is ample car parking. Our client will undertake a comprehensive internal refurbishment program in respect of Office Suites 5006 & 5102 if required.

Location

Firth Road Business Park is located off Firth Road, a short distance from Tritton Retail Park, St Mark's Shopping Centre and the University of Lincoln Campus, with Lincoln City Centre to the North East. Lincoln Central Train Station is approximately 0.7 miles to the North.

Lincoln benefits from easy access to the A46 dual carriageway with the A1 approximately 16 miles to the South West. Neighbouring occupiers on the Business Park include ITP Engines UK Limited and Teledyne E2V (UK) Limited.

Accommodation

The property has been measured on a Net Internal area basis and comprises as follows:

Description | m2 | Sq.ft
Room 5006 - Ground Floor Office | 165.9 | 1,786
Ground Floor - WC's | - | -
Room 5101 - First Floor Office | 291.1 | 3,133
Room 5102 - First Floor Office | 173.0 | 1,862
Room 5103 - First Floor Office | 13.6 | 146
Room 5104 - First Floor Office | 30.8 | 332
Room 5107 - First Floor Office 22.8 | 245
First Floor - Communal Kitchen | - | -
First Floor - WC | - | -
Total NIA | 697.2 | 7,504

Business Rates

For further information in respect of the level of Business Rates payable and any reliefs available, prospective tenants should contact Lincoln City Council Tel: 01522 881188.

Services

We understand that mains gas, electricity, water and drainage are connected to the property. Prospective tenants are advised to check upon the adequacy and provision of services within the relevant Statutory Authorities prior to making an offer to take a new lease in respect of any part of this property

Viewing

For further information or to arrange a viewing please contact:
Brown & Co BTG Eddisons
William Gaunt Will Nuttall
01522 504322 01522 544515
07919 694235 07842 218527
william.gaunt@brown-co.com will.nuttal@eddisons.com

VAT

We understand that the property is elected for VAT.

Legal Costs

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

Other

TOWN AND COUNTRY PLANNING
The property has historically been used as Offices and as such has an established use now falling under Use Class E. For further information in respect of planning-related matters, prospective tenants should contact Lincoln City Council Tel: 01522 881188.

SERVICE CHARGE
The tenant is to pay a fair proportion of the landlord's costs in maintaining the communal internal and external areas within the G-Tech Building and Firth Road Business Park. A copy of the current service charge budget is available on request.

EPC
The property has an EPC Rating of C52 which expires on the 30th November 2032.

Terms

LEASE TERMS
New effective internal repairing and insuring leases are available for terms to be negotiated.

RENTAL TERMS
Room 5006 - Ground Floor Office Suite - £15,000 per annum.
Room 5101 - First Floor Office Suite - £25,000 per annum.
Room 5102 - First Floor Office Suite - £15,000 per annum.
Room 5103 - First Floor Office Suite - £2,000 per annum.
Room 5104 - First Floor Office Suite - £3,000 per annum.
Room 5107 - First Floor Office Suite - £2,500 per annum.

We are offering the Ground and First Floor Office Suites combined at a rent of £55,000 per annum.