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Commercial Property to rent

Carholme Road, Lincoln, Lincolnshire, LN1

4,796 sq. ft. | £35,000 pa| £2,917 pcm

Property Description

Commercial information

  • 4,796 sq ft (445 sq m)

Full description

The property comprises a good quality motor trade showroom/workshop premises laid out at ground and mezzanine levels, with a glazed frontage to Carholme Road and a return frontage to Derwent Street, incorporating a wide forecourt for sales and visitor parking to the front. There is vehicular access to the enclosed yard to the rear, off Derwent Street to the side.

We have been advised by the Local Planning Authority that the established use of the property is that of a Car/Motorbike Showroom, a Sui Generis Use under the Town and County Use Classes Order 1987 (as amended).

Alternatively the owners previously had consent for a residential scheme on the site - which has now lapsed and the LPA have indicated that a new application for residential development would be looked at favourably, provided that the flood risk issue affecting the site was properly addressed. Interested parties are advised to discuss their planning queries with the Planning Department at Lincoln City Council.

The property is situated in a highly prominent location on Carholme Road (A57) one of the busiest arterial routes west of Lincoln City Centre.

The City Centre is located about a mile to the east and the A46 ring road about a mile to the west.

Lincoln is a historic Cathedral City and the shopping and administrative centre for the County of Lincolnshire. It has a resident population of circa 100,000 and a catchment of 300,000. It is also a growing University City with close to 15,000 student and academic staff now based at the main campus in Lincoln, contributing an estimated 250 million to the local economy.

The property is available to let on a new Full Repairing and Insuring lease for a minimum term of 5 years or multiples thereof, subject to 5 yearly reviews. Alternatively the owners would consider a sale of the freehold with vacant possession on completion.

Strictly by appointment through the Chartered Surveyors.

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