About this property

Detailed Description

Office Suite 5 comprises a Ground Floor Office Suite and has carpet flooring, gas heating, intercom, plastered walls, suspended ceilings with inset lighting and double glazed windows. The Suite also benefits from use of a communal kitchen and WC's facilities. 1 non demised parking space is provided.

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 at Newark. 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 | Sqft | Sqm
Ground Floor - Office Suites | 118 | 11.0
Total NIA | 118 | 11.0

Business Rates

Office Suite 5 is currently assessed under the 2023 Rating List as Offices & Premises with a Rateable Value of £600. The Rateable Value under the 2026 Rating list will be £650 effective 1st April 2026.

Subject to certain criteria being met by the ingoing tenant, it is possible to claim up to 100% exemption from the payment of Non Domestic Business Rates utilising the Government's Small Business Rates Relief Initiative. 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 electricity, gas, 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 this property.

Viewing

Brown &Co Eddisons
William Gaunt William Nuttall
01522 504322 01522 896462
07919 694235 07842 218527
william.gaunt@brown-co.com will.nuttall@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 Licence Agreement negotiated.

Other

EPC
The property has an EPC Rating of C52 which expires on the 31st January 2034.

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.

Terms

LICENCE / RENTAL TERMS
A new internal repairing Licence Agreement is available at a rent of £2,000 per annum plus VAT for a minimum initial term of 12 months.

The rent includes tenants contribution towards external and common internal areas maintenance, buildings insurance, electricity, gas and water/drainage.