Office to rent

A modern office suite - good commercial location - High specification office 96.4 m2/1037 sq ft - Part air-conditioning - Four parking spaces - Access via Weaver Road to A46 Lincoln bypass.

Location

Part of the development of modern out of town offices in a popular business district close to the A46 Lincoln bypass to the south west of Lincoln. The property has good road communications with the A46 to Lincoln, Newark and the region as a whole. Facilities in the area included Total Fitness, LA Fitness, The Pride of Lincoln public house, the Ibis Lincoln Hotel, Damon's and Frankie & Benny's Restaurants.

Directions

From the centre of Lincoln, head out of the City along Carholme Road (A57) and turn left at the roundabout on to the Lincoln bypass (A46). At the next two roundabouts, go straight on and then take the furthest left just after The Pride of Lincoln public house on to Whisby Road. Take the first left again on to Kingsley Road and turn right on to Weaver
Road taking you into the Point. At the end of Weaver Road, turn left into the car park for this property.

Accommodation

Item m2 sq ft
Offices 96.4 1037
Toilet facilities on first floor landing.
These floor areas are approximate and measured on a NIA basis.

Outside

There are four parking spaces in the paved area to the front allocated to this suite.

Services

We understand that mains services of gas, water, electricity and drainage are available to the property. There is a single electricity metre for the whole building and the cost of electricity is shared with the ground floor office tenant. We have not tested the services and interested parties should satisfy themselves that they are adequate for their proposed use.

Lease Terms

The property is available on one of the following bases;
1. A sub letting at £9,950 per annum for a minimum period of 3 years on effective full repairing and insuring terms outside the security provisions of the landlord and tenant act. This represents quality office space at less than £10 per sq ft.
2. A sub letting of the property for a term of 3 years but with quarterly tenants break clauses after the first 6 months at a rent of £12,500 per annum. Sub letting would be outside the landlord and tenants act at security provisions.
3. An assignment of the existing lease at the rent passing of £11,900 per annum (rent review outstanding) subject to incentives.

Outgoings

The rateable value of the property is £10,250 (2005 list) and is proposed to be £13,250 (2010 list).

Vat

All prices and rents expressed in these particulars are exclusive of VAT where payable.

Viewing

Strictly by appointment with the Agent. Tel: 01522 504304.

Agent

John R Elliott
01522 504303
johnelliott@jhwalter.co.uk
JOINT AGENT
Clark Weightman
01482 645522

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