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Modern Office Investment, Unit 8 Checkpoint Court, Sadler Road, Lincoln LN6 3PW

For sale: £425,000.00|3753 Sq Ft|Offices, Office

PROPERTY DETAILS

FOR SALE£425,000.00
SIZE3753 Sq Ft
ADDRESS Unit 8, Checkpoint Court, Lincoln, LN6 3PW
TYPEOffices, Office
TENUREInvestment Opportunity, For Sale Freehold
POSTED ON3rd January 2020

DESCRIPTION

Modern office investment, ground, first and second floor offices, ample parking, £29,800 pax income, OIEO £425,000 (6.72% NIY), Only £113 per sq ft.

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 B1 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.

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

The total rent payable is £29,800 pax. Further details available upon request.

PRICE
OIEO £425,000 (6.72% 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.

LOCATION

Location: Unit 8, Checkpoint Court, Lincoln, LN6 3PW

Hykeham (1.1 miles)

Lincoln Central (3.4 miles)

Swinderby (4.3 miles)

AGENT'S DETAILS

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