Office to let in Newark Road, Lincoln LN6

The premises comprise a detached single storey building sub-divided internally to provide a reception, consulting rooms, staff and WC facilities.

The accommodation is finished to a modern standard. Externally, there are 15 car parking spaces and a garage.

EPC
To be assessed

Location

The building occupies an accessible position off Newark Road at the junction with Beechcroft Close in South Hykeham.

The location provides quick access to Lincoln City Centre and the A46 Bypass, which leads on to Newark and the A1.

Lincoln is one of England’s finest Cathedral cities and the administrative and major shopping centre within the County of Lincolnshire. It has a catchment population of circa 543,367 and an established total catchment spend of £984.40m. It also has a growing University with close to 15,000 students and staff based on the main campus, contributing an estimated £250m to the local economy.

Services

We understand that mains water, electricity and drainage supplies are available and connected to the property. These have not been tested and interested parties are advised to make their own investigations to the relevant utility service providers.

Town & country planning

We are advised by the Local Planning Authority that the property has consent falling within Class D1 (Non Residential Institution) of the Town and Country Planning (Use Classes) Order 1987 (as amended 2020).
Interested parties are advised to discuss their proposals for the site with the Local Planning Authority.

Rates

Charging Authority: North Kesteven District Council
Description: Treatment Room and Premises
Rateable value: £5,800
ubr: 0.512
Period: 2023-2024

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 To Let by way of a new Full Repairing and Insuring lease, for a term to be agreed.

Rent

£20,000 per annum exclusive.

Service charge

A service charge may be levied to cover the upkeep, maintenance and repair of all common parts of the development.

VAT

VAT may be charged in addition to the rent at the prevailing rate.

Legal costs

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