Commercial Property for sale in Lincoln
*** Guide Price £475,000 to £500,000 *** A substantial Workshop (10,475 sqft) site with mezzanine and external storage, in all extending to 3.88 acres or thereabouts. Constructed in the 1980's it has an established use as a workshop and external timber storage. The building and land is situated in a pleasant rural environment a short drive past the main entrance to Brant Broughton village with direct and convenient access to the A17 with the A1/A46 junction approximately 7 miles to the west.
The 10,475 sq ft (973 sqm) building is of steel frame construction with block infill and externally clad elevations with an insulated pitched roof. Access to the site via secure timber privacy gates with workshop access by roller shutter door. The workshop benefits from three-phase electricity and recent re-wiring circa 2022.
Brant Broughton is located within commuting distance of Newark, Lincoln and Sleaford. Village amenities include The Generous Briton pub and restaurant and a primary school.
Main Workshop - 45.72m x 12.04m (150 x 39'6) - Approximately 5,925 sqft (550 sqm). Steel frame construction, part breeze block walls and externally clad under a corrugated roof. Set on a concrete base with roller shutter access door and internally partitioned workshop office space. Mezzanine storage level above with limited ceiling height (not measured).
Lean To Workshop - 39.62m x 10.67m (130' x 35') - Approximately 4,550 sqft (423 sqm). Steel frame construction on a concrete base, part breeze block walls and external cladding under a corrugated mono-pitched roof.
External Storage - 3.35 Acres or thereabouts
Business Rates - The current Rateable Value for the Workshop is £22,000pa with effect from 1st April 2023.
Overage Provision - The land (excluding the factory itself) will be sold subject to the purchasers entering into an Overage Agreement providing for a payment of 30% of the enhanced value of the land in the event that planning permission is granted for development. The overage payment will be triggered by a Grant of Planning Permission for development and will be for a specified term of 25 years.
Services - Mains water, electricity and drainage are all connected to the property.
Tenure - The property is freehold.
Possession - Vacant possession will be given on completion.
Viewing - Strictly by appointment with the selling agents.
Plan - A Plan is attached to these particulars for identification purposes.
Important information
Property Ref: 59503_33040854
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