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AGENT'S DETAILS


New Workshop Units - Under Construction, Riverside Enterprise Park, Saxilby, Lincoln LN1 2LR

For sale: £156,250.00|1250 - 1500 Sq Ft|Warehouse, Industrial, Leisure

PROPERTY DETAILS

FOR SALE£156,250.00
SIZE1250 - 1500 Sq Ft
ADDRESSNew Workshop Units - Under Construction, Riverside Enterprise Park, Saxilby, Lincoln LN1 2LR
TYPEWarehouse, Industrial, Leisure
TENUREFor Sale Freehold
POSTED ON16th October 2020

DESCRIPTION

New warehouse units under construction, available Spring 2021, accessible and prominent location fronting the A57 with convenient access to the A1 and A46 Lincoln bypass, well positioned within established commercial estate

Planning has been granted for the first stage of Phase 5, providing a range of industrial units finished to a high standard with profile clad steel portal frame construction, power floated concrete floors and bare faced block walls.

Each unit will benefit from car parking.

Completion is estimated for Spring 2021.

LOCATION
Phase 5, currently under construction, is located on Riverside Enterprise Park, an established and exciting commercial development by Lincoln based Stirlin Developments Limited. Phases 1 and 2 have been completed with Phase 3 almost completed.

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 site is prominently located and visible from the A57 trunk road which is used by in excess of 12,000 vehicles
per day.

ACCOMMODATION
Architects drawings indicate Phase 5 will provide the following accommodation:

Unit sizes ranging from -
116.13 sq m (1,250 sq ft) to 139.35 sq m (1,500 sq ft)

* Adjoining units can be combined to provide larger units.

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.

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).

Following changes to the Use Classes Order that came into effect on 1st Sepember 2020, 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: 2020-2021
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.

PRICE
Units from £156,250 to £187,500

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

VAT
VAT will be charged in addition to the price 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.

LOCATION

Location: New Workshop Units - Under Construction, Riverside Enterprise Park, Saxilby, Lincoln LN1 2LR

Saxilby (1.2 miles)

Lincoln Central (4.9 miles)

Hykeham (5.1 miles)

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