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£120,000
Lincoln, Lincolnshire, An excellent opportunity to aquire
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Price:
£120,000 Get Prequalified Today
Contact:
01522 536777
Location:
Lincoln, Lincs
Description:
An excellent opportunity to aquire freehold possession or to lease these brand new industrial units presently being constructed within the established industrial estate of the Allenby Industrial Estate situated to the north east of the city of Lincoln within a mile and half to the city centre and also within easy access of the main arterial road to the north. The units comprise various sizes from 139 sq m through to 278 sq m (1500 sq ft to 3000 sq ft). Price from £80 per sq ft freehold or to rent from £5 per sq ft.
SITUATION
Lincoln City centre is experiencing major redevelopment and is rapidly expanding, The University is also adding to the prosperity of the City. Lincoln is ranked 3rd out of 35 centres within the East Midlands (Experian Retail Centre Ranking 2002 report) and offers a diverse range of shops and business's. It is an extremely popular tourist destination and it is estimated that the City receives approximately 1 million visitors per year with 75% being from within the UK or the majority of overseas visitors from neighbouring European Countries and a sizable contingent from American visitors.
Lincoln now has the benefit of being connected to the A46 dual carriageway linking to the main A1 and the national motorway network. It is approx 15 mins from Newark Northgate station which benefits from a regular GNER service to London's Kings Cross with a minimum journey time of 1 hour 20 mins. Lincoln is 142m north of London, 75m from Leeds, 52m from Leicester, 36m from Nottingham, 60m from Peterborough and 48m from Sheffield. Lincoln is therefore strategically located to benefit the region as a whole.
DESCRIPTION
The estate comprises a brand new industrial estate presently under construction with units ranging from 139 sq m (1500 sq ft) - 278 sq m (3000 sq ft) and will be ideal for owner occupiers/ investors or leasehold tenancies.
The units have been constructed to a high standard with steel portal frame construction with insulated cladding to sides and roof with brick and block work constructions with roller shutter doors, pedestrial access doors, office and disabled WC facilities and a communal yard area.
UNIT SIZES
Building 6 185 sq m (2000 sq ft)
Building 7 185 sq m (2000 sq ft)
Building 10 278 sq m (3000 sq ft)
PRICE
The owners are looking to sell the units at prices from 80 per sq ft or to let at 5 per sq ft on negotiable on lease terms. There is to be a service charge applied for the communal area yet to be agreed.
VAT
The price expressed in these particulars are exclusive of VAT at the appropriate rate.
RATES
Contact Lincoln City Council
Tel: 01522 881188
PLANNING
Contact Lincoln City Council
TEL: 01522 881188
LEASE TERMS
The site is offered on negotiable lease terms through the Agent subject to requirements, availability and covenant strength.
VIEWING
Viewing is strictly by appointment with the sole agents:
Pygott & Crone
Lawrence House
27-29 Clasketgate
Lincoln
LN2 1JJ
Tel: 01522 536777
Fax: 01522 787603
NOTE
The Money Laundering Regulations 2003 has been extended to include estate agency work with the definition of relevant business. Estate agency is as defined in the Estate Agents Act 1979. Auctioneers and estate agents will have to put certain anti-money laundering procedures into place. Failure to do so will be a criminal offence that carries a penalty of a maximum of two years imprisonment, or a fine or both.
The principal requirements are identification of clients, record keeping, internal reporting procedures and employee training and awareness.
This footer paragraph is an example only and should not be relied upon as complying with current legislation. These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. No person in this firms employment has the authority to make or give any representation or warranty in respect of the property.
Property Type:
Single-Family Houses
Sq feet:
1,500 sq. ft.
For sale by:
Agent/Broker
Phone:
01522 536777
Posted:
Contact:
01522 536777
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Let me know if you have any questions. – Pygott & Crone - Commercial
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More About this Listing: Lincoln, Lincolnshire, An excellent opportunity to aquire
Lincoln, Lincolnshire, An excellent opportunity to aquire is a Houses for Sale in Lincoln LIN. Find other listings like Lincoln, Lincolnshire, An excellent opportunity to aquire by searching Oodle Marketplace for Houses for Sale in Lincoln LIN.
Lincoln, Lincolnshire, An excellent opportunity to aquire is a Houses for Sale in Lincoln LIN. Find other listings like Lincoln, Lincolnshire, An excellent opportunity to aquire by searching Oodle Marketplace for Houses for Sale in Lincoln LIN.