Commercial property to rentLangton House, Lindum Business Park, LN6
£42,585 pa| £3,549 pcm
- Ground Floor Offices
- Due To Relocation
- Air Conditioned Space
- I.T. And Cat 5 Cabling
- 371.61 sq m (4
- 000 sq ft)
- 26 Car Spaces + Overspill
- 24 Hour Security
- Close To A46 Bypass
LOCATION The business park is in a prominent location at the entrance to Lindum Business Park approximately 1 mile from the main A46 western bypass linking Newark to the south and the A1 and national motorway network.
SITUATION Lincolnshire is one of the fastest growing economies in the UK, and its capital Lincoln is ranked third out of thirty five centres within the East Midlands (Experian Retail Centre ranking 2002 report) with a diverse range of shops and businesses.
Lincolnshire is experiencing major investment from industrial, agriculture, food and other operators together with major investments by the Ministry of Defence and the expansion of their military bases.
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 and 48m from Sheffield. Lincoln is therefore strategically located to benefit the region as a whole.
DESCRIPTION The building comprises a substantial modern brick with tiled roof premises being a two-storey construction fronting onto Station Road in North Hykeham.
Lindum Business Park provides excellent quality accommodation of mixed commercial, industrial and office buildings in a superb 24 hour secured complex with parking for 26 allocated spaces for the subject property together with additional overspill parking on a first come first served basis.
ACCOMMODATION The accommodation more particularly comprises:
GROUND FLOOR With attractive entrance hall comprising an overall area of 371.61 sq m (4,000 sq ft). the space is split into mainly open plan with cubicle officing to the side together with IT room, kitchen, WC facilities in a central core, post room, mess room and board room facilities. The accommodation is fully air conditioned, has full IT cabling, Cat 5 lighting, carpeting and is ready to move into immediately.
CAR PARK .
LEASE TERMS The property is offered on a 5 year lease, starting on the 1st March 2011 and ending April 2016. A copy of the lease can be made available to seriously interested parties. The present rent is £42,585 per annum exclusive.
LEGAL COSTS The ingoing tenant to be responsible for the landlords legal costs to give consent to the assignment together with their own legal costs.
SERVICE CHARGE £8,200 with latest RV £32,500.
VAT The rent expressed in these particulars is exclusive of VAT at the appropriate rate.
SERVICES Mains electricty, water, drainage and gas are connected to the property; however all prospective purchasers are advised to check upon the adequacy of these supplies for their own purposes.
EPC The Energy Performance Certificate for this property is attached hereto:
VIEWING Viewing is strictly by appointment with the sole agents: Pygott & Crone Lawrence House 27-29 Clasketgate Lincoln LN2 1JJ Tel: 01522 536777 Email: firstname.lastname@example.org
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.
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