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Commercial property to rent
Monks Way, Lincoln, LN2
- Light Industrial Unit
- Negotiable Lease Terms
- Close To City Centre
- Incentives Available
- 60.3 Sq M (650 Sq Ft)
Letting information:Furnishing: Not Specified
LOCATION The property is situated in a terrace of similar type industrial units and occupies a good position within close proximity of the city centre and is also within easy access of the main north orbital road.
SITUATION Lincoln City centre is experiencing major redevelopment and is rapidly expanding, The University is also adding to the prosperity of the City. Lincoln is ranked 3rd out of 35 centres within the East Midlands (Experian Retail Centre Ranking 2002 report) and offers a diverse range of shops and business's. It is an extremely popular tourist destination and it is estimated that the City receives approximately 1 million visitors per year with 75% being from within the UK or the majority of oversees visitors from neighbouring European Countries and a sizable contingent from American visitors.
Lincoln now has the benefit of being connected to the A46 dual carriageway linking to the main A1 and the national motorway network. It is approx 15 mins from Newark Northgate station which benefits from a regular National Express service to London's Kings Cross with a minimum journey time of 1 hour 20 mins. Lincoln is 142m north of London, 75m from Leeds, 52m from Leicester, 36m from Nottingham, 60m from Peterborough
ACCOMMODATION The accommodation more particularly comprises a unit of 60.38 sq m (650 sq ft) GIA. The units have roller shutter industrial doors with rear exit door and WC facilities, together with lighting and 3 phase electricity.
LEASE TERMS The properties are offered on negotiable lease terms subject to a minimum of 3 years or in multiples of 3 thereafter on full repairing and insuring terms with the ingoing tenant to be responsible for landlord's legal costs.
SERVICES All mains services are connected to the property; however all prospective purchasers are advised to check upon the adequacy of these supplies for their own purposes.
PLANNING Contact Lincoln City Council
Tel: 01522 881188
EPC The EPC for this property is attached hereto:
VAT The rent expressed in these particulars is exclusive of VAT at the appropriate rate.
VIEWING Viewing is strictly by appointment with the sole agents: Pygott & Crone Lawrence House 27-29 Clasketgate Lincoln LN2 1JJ Tel: 01522 536777 Fax: 01522 787603
FIXTURES AND FITTINGS Items described in these particulars are included in the sale, all other items are specifically excluded. We cannot verify that they are in working order, or fit for their purpose. The buyer is advised to obtain verification from their solicitor or surveyor.
Measurements shown in these particulars are approximate and are given as room guides only. These must not be relied upon or taken as accurate. Purchasers must satisfy themselves in this respect.
COMMERCIAL LEASE CODE You should be aware that the Code of Practice on Commercial Leases in England and Wales strongly recommends that you seek professional advice from a qualified surveyor, or solicitor or licensed conveyancer before agreeing or signing a business tenancy agreement. The code is available through professional institutions and trade associations.
NOTE Prospective tenants are advised that the properties are leased in their present condition and tenants are advised to make sure they are satisfied with services and condition of the property prior to signing the lease. No services have been tested.
NOTE The Money Laundering Regulations 2007 has been extended to include estate agency work with the definition of relevant business. Estate agency is as defined in the Estate Agents Act 1979. Auctioneers and estate agents will have to put certain anti-money laundering procedures into place. Failure to do so will be a criminal offence that carries a penalty of a maximum of two years imprisonment, or a fine or both.
The principal requirements are identification of clients, record keeping, internal reporting procedures and employee training and awareness.