Commercial property to rent

An excellent opportunity to acquire freehold possession or to lease a brand new industrial unit to be constructed within the Allenby Industrial Estate situated to the north east of the city of Lincoln within a mile and a half to the city centre and also within easy access of the main arterial road to the north.

LOCATION    Wavell Drive is located on the Allenby Industrial Estate in the Monks Road area of Lincoln, close to the City centre and the Lincoln bypass.

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

SERVICES    Mains gas, water, drainage and electricity will be available.

RATES    Contact Lincoln City Council, tel: 01522 881188.

VAT    The price expressed in these particulars is exclusive of VAT at the appropriate rate.

pic    This is an example only of what the unit will look like when built.

pic    This is an example only of what the unit will look like when built.

pic    This is an example only of what the unit will look like when built.

VIEWING    Viewing is strictly by appointment with the sole agents: Pygott & Crone Lawrence House 27-29 Clasketgate Lincoln LN2 1JJ Tel: 01522 536777 Email: wdowning@pygott-crone.com OR Banks Long & Co 15 St Mary's Street Lincoln LN5 7EQ Tel: 01522 544515 Fax: 01522 544522

NOTE    The landlord has now installed CCTV on site which has a link into all the tenants contact details on site.

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.

ANTI MONEY LAUNDERING    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.