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Lea Road, Gainsborough, DN21 1AF

For sale: POA|17060 Sq Ft|Showroom, Other Property Types & Opportunities

PROPERTY DETAILS

FOR SALEPOA
SIZE17060 Sq Ft
ADDRESSLea Road, Gainsborough, DN21 1AF
TYPEShowroom, Other Property Types & Opportunities
TENUREFor Sale Freehold
POSTED ON23rd April 2020

DESCRIPTION

Long established Ford dealership, trading since 1989, with the current tenant in occupation since 1998Built accommodation of approx. 16,377 sq ft (1,585 sq m) on a site area of about 1.7 acres (0.69 hectares)Main road facility with good connectivity to nearby towns including Lincoln, Newark-on-Trent & Worksop.Let to Pendragon Motor Company Ltd (D&B rating 4A 1 Mimimum Risk) Lease expires 31st July 2023, tenant break 31st July 2021Current passing rent £87,500 per annum exclusive Offers in the region of £1,000,000 The site is of irregular shape and covers an area of approximately 1.7 acres consisting of a well sized dealership with a large display area fronting Lea Road. The North side of the site wraps around the adjoining Petrol Filling Station and provides a large secure compound area. The property comprises a detached purpose built Ford dealership which is operated by Evans Halshaw. The building extends to approximately 16,377 sq ft which is made up of showroom, workshop, office and storage accommodation. The building is believed to be constructed around a steel portal frame with mostly glazed elevations around the showroom element, under a pitched corrugated metal sheet roof. The dealerships enjoys over 75 vehicle display spaces and maximises the frontage to Lea Road while the compound area currently holds over 150 vehicles.

LOCATION

Location: Lea Road, Gainsborough, DN21 1AF

Gainsborough Lea Road (0.1 miles)

Gainsborough Central (0.8 miles)

Retford (8.8 miles)

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