Office for sale in Checkpoint Court, Sadler Road, Lincoln LN6

Offers over £350,000 (£93.26/sq. ft)
Office for sale 3,753 sq. ft*
Interested in this property? Call +44 1522 397760 * or Request Details

* Calls to this number will be recorded for quality, compliance and training purposes.

Property description

The property comprises ground, first and second floor offices benefitting from a shared entrance, lift and stair access between the floors.

The suites provide modern open plan and private offices with ancillary, staff and WC facilities generally finished with carpeted floors, painted plastered walls, perimeter trunking, suspended ceilings incorporating inset lighting and air conditioning.

Externally, there are allocated car parking spaces.

EPC Ratings: C61, D95 and B50


Location


The property is located at the entrance of the successful Checkpoint Court office development and is accessed off Sadler Road a short distance from its junction with the busy Doddington Road.

Neighbouring occupiers include Simons Group and Langleys Solicitors. The position is close to the A46 Lincoln bypass with dual-carriageway access to the A1 thereafter.


Town and country planning


We understand that the property has consent for office use under Class E(g)(i) of the Town and Country Planning (Use Classes) Order 1987 (as amended).

Interested parties are advised to make their own investigations to the Local Planning Authority.


Rates


Charging Authority: City of Lincoln Council
Description: Offices and Premises
Rateable value: Ground floor : £14,000
First floor : £11,750
Second floor : £15,750
ubr: 0.512
Period: 2021-2022

Multiplying the Rateable Value figure with the ubr multiplier gives the annual rates payable, excluding any transitional arrangements which may be applicable.

For further information, please contact the Charging Authority.


Tenure


The property is available For Sale Freehold, subject to occupational leases over each of the three floors.

The total rent payable is £29,900 pax.


Tenancies


Ground Floor
Ashoka Ltd: 31st January 2023
Rent: £11,000 p.a.x.

First Floor
New Cross Healthcare Ltd: 31st July 2021
Rent: £9,000 p.a.x.

Second Floor
The Angel Organisation: 31st July 2021
Rent: £9,900 p.a.x.


Price


Oieo £350,000 (8.23% niy after costs)


Service charge


A service charge may be levied to cover the upkeep and maintenance of the common parts at Checkpoint Court. Please contact the agents for further details.


VAT


VAT may be charged in addition to the price at the prevailing rate. It may be possible to proceed as a transfer of a going concern.


Legal costs


Each party is to be responsible for their own legal costs incurred in documenting the transaction.

Viewing:
To view the premises and for any additional information please contact the sole agents.

Property info

* Sizes listed are approximate. Please contact the agent to confirm actual size.

Arrange Viewing

For more information about this property, please contact
Banks Long & Co, LN1 on +44 1522 397760 * (local rate)

Contact Banks Long & Co about this property

Enter details
    Morning (8am-noon)
    Afternoon (noon-5pm)
    Evening (5pm-9pm)
  1. Characters remaining: 500

By submitting this form, you accept our Terms of Use and Privacy Policy. When you click 'Send message''Request valuation', we will pass your personal data to the selected estate agents so that those agents can respond to your request for information or to arrange a viewing. valuation request.

Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Banks Long & Co, and do not constitute property particulars. Please contact Banks Long & Co for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

Properties on the market nearby

12 more properties like this

View all Wetherby Crescent commercial properties for sale