Industrial to let in Riverside Enterprise Park, Saxilby, Lincoln LN1

£15,950 pa (£9.30/sq. ft. pa)
Industrial to let 1,500 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

Planning has been granted and construction is under way for Phase 5B Riverside Enterprise Park. The parade provides a terrace of industrial units finished to a high standard with profile clad steel portal frame construction, power floated concrete floors and bare faced block walls.

The units within Phase 5B will each benefit from a secure yard accessed via a rear up and over roller shutter door.

Each unit will also benefit from car parking.

Completion is estimated for late 2021.


Accommodation


Architects drawings indicate Phase 5 will provide the following accommodation:

Unit 5 139 sq m (1,500 sq ft)
Unit 6 139 sq m (1,500 sq ft) - Under Offer
Unit 7 139 sq m (1,500 sq ft) - Under Offer
Unit 8 139 sq m (1,500 sq ft) - Under Offer

* Adjoining units can be combined to provide larger units


Location


Phase 5 is currently under construction and is located on Riverside Enterprise Park, an established and exciting commercial development by Lincoln based Stirlin Developments Limited.

The site occupies a prominent position adjacent to the A57 at Saxilby to the west of Lincoln. The position provides quick access to the A1 (13 miles) and A46 Lincoln bypass (5 miles). The A57 trunk road is used by in excess of 12,000 vehicles per day.


Services


We understand that all mains services including water, drainage and electricity are available to the property.

Interested parties are advised to make their own investigations to the relevant utility service providers.


Service charge


Each building will contribute towards the cost of shared services such as maintenance of shared roadways, landscaping, CCTV, electric gates etc.


Town and country planning


We understand that the properties have consent for uses falling within Class E (Commercial, Business and Service uses) of the Town & Country Planning (Use Classes) Order 1987 (as amended).

Class E now encompasses a number of uses including A1 (Shops), A2 (Professional & Financial Services), A3 (Restaurant & Café), B1 (Business) and D2 (Assembly & Leisure).


Rates


Charging Authority: West Lindsey District Council
Description: To be assessed
Rateable value: To be confirmed
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


Freehold For Sale, with vacant possession.

Alternatively, each unit may be available To Let by way of a new Full Repairing and Insuring lease for a minimum term of 10 years, subject to Landlord’s approval.


Price


Each Unit £224,950


Rent


£15,950 per annum exclusive (with yard)


VAT


VAT will be charged in addition to the price/rent at the prevailing rate.


Legal costs


Each party is to be responsible for their own legal costs.


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)

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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.

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