Industrial unit

LOCATION
Five Mile Lane Industrial Estate is located directly off the B1190 situated close to the villages of Washingborough and Heighington and easily accessible via the recently opened Eastern Bypass (A15) providing excellent connections to Lincoln City Centre and surrounding towns and villages and the National Motorway Network.

DESCRIPTION
We are pleased to offer to let this excellent workshop facility with showroom and offices/stores, considered suitable for a variety of business uses and having the particular advantage of having a large secure yard. The building is well-presented internally to comprise 259 sq.m (2,792 sq.ft) of showroom/stores, having four offices partitioned off and in addition, there is a workshop with loading bay including works office and WC facilities extending to a further 225 sq.m (2,416 sq.ft). In addition, there is a mezzanine store within the workshop. The total floor area (excluding mezzanine) is 484 sq.m (5,208 sq.ft) and the property occupies a site area of 0.58 acres.

ACCOMMODATION
The premises are currently configured to provide a large open-plan showroom/trade area, with customer WC facilities and four dedicated offices off. Beyond this, there are stores and access to the warehouse/workshop facility, which has ancillary staff WC facilities, kitchen and an office together with a mezzanine store above. The floor plan clearly shows the layout/configuration.
The property was originally constructed in 1985 and subsequently extended in 1995 to provide the current configuration.

Externally, the property has the benefit of a large tarmacadam surfaced yard and loading bay together with additional graveled yard space, all enclosed by palisade fencing.

SERVICES
Mains electricity and water are connected. A three-phase power supply is installed and heating is via an oil-fired system. Drainage is to a private treatment plant.

EPC Rating - E

TERMS
Lease Terms - Available to let for a term of years to be agreed on a Full Repairing & Insuring Lease subject to three yearly rent reviews.

OUTGOINGS
Rateable Value - £20,500.00

In the event that a full rating liability is required, the current rates payable would be approximately £10,229 per annum (Rate to the pound for 2021/22 is 49.9 pence).

VAT
VAT is not applicable.

LEGAL COSTS
The ingoing Tenant will be responsible for a referencing fee of £100 inc VAT, together with the Landlord's reasonable legal costs for producing the Lease.

A deposit will also be payable.

VIEWING
Via Mundys Commercial.