Ground Floor Office Suites, Victory House, 5 Henley Way, Lincoln, LN6 3QR

Location
Located just off Doddington Road, within Lincoln's prime business district, there is excellent access to the City Centre with the A46 Bypass being located close-by. Neighbouring occupiers include a range of established business consultancies and there are restaurants, leisure facilities and retail outlets close-by.

Description Two Ground Floor Office Suites Available Individually or Combined
From £15,000 per annum to £30,000 per annum
We are delighted to offer to let this very well-presented ground floor office accommodation within Victory House, prominently located on Doddington Road within Lincoln's primary business district. The accommodation is available as two separate office suites or combined, having shared kitchen and WC facilities and extending, in total, to 243 sq.m (2,615 sq.ft). The office accommodation benefits from air-conditioning throughout and includes 18 car parking spaces which include four electrical vehicle charging points and there is additional visitor parking space available.

Accommodation
The office space has a shared entrance hallway with intercom system and there is a passenger lift to the upper floor. The offices are divided into two suites as set out below:

SUITE 1
An open-plan space extending to 129 sq.m (1,390 sq.ft), currently accommodating 12 work stations together with archiving facilities.

SUITE 2
Comprising a reception area, together with five individual offices partitioned with high quality glazing and extending to 114 sq.m (1,225 sq.ft).

The floor plan attached shows the layout of the accommodation.

The office suites, as described above, are available either individually or combined.

COMMUNAL AREAS
The building entrance provides access to both of the ground floor suites and access to the rear where there are male and female WC (including disabled) facilities, kitchen facilities and a passenger lift providing access to the first floor.

Services
Mains electricity and water are connected to the building. The office benefits from LED lighting and air-conditioning throughout. CCTV is installed at the building.

EPC Rating - D(81)

LEASE TERMS
The office suites are available either individually or combined on Internal Repairing & Insuring Leases. On an individual basis, each suite is available to let at a rental of £15,000 per annum excluding VAT. Leases will be subject to three yearly rent reviews and the payment of a deposit may also be payable.

Rates
Rateable Value - £24,250 for Suite 1 or 2 combined. This will require revaluing if the office suites are let individually.

Small Business Multiplier (2024/2025) 49.9p in the £.

The property qualifies for Small Business Rates Relief, depending on individual circumstances.

VAT
VAT is chargeable on the rent charged and the service charge.

Legal Costs
The ingoing Tenant will be responsible for the Agent's referencing fee (£150 inc VAT) together with the Landlord's reasonable legal costs associated with preparing the Lease (further details available on request).

Service Charge
A Service Charge is levied to contribute towards the costs of heating, lighting, building maintenance and all internal and external communal areas. The Service Charge is payable quarterly in advance on the usual quarter days.

Viewing
Via Mundys Commercial.

Parking
Yes