BRAND NEW DEVELOPMENT, Lincoln Enterprise Park, Newark Road

£395,000
For Sale
1/5
£395,000
For Sale
Jasper Caudwell
MRICS BSc (Hons)
Chartered Surveyor
03301280939
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Property summary

LAST AVAILABLE UNIT
Located just off the A46, a principle road transport link
5 miles south west of Lincoln City Centre
Units from 2,716 sq ft – 5,500 sq ft
Modern Units suitable for a variety of uses; single or combination
High Specification with 5 meter eaves height (accommodate full mezzanine floor) 3 phase, electric
sectional door, skylights, personnel door, staff facilities and allocated parking
Freehold / Leasehold

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Jasper Caudwell
MRICS BSc (Hons)
Chartered Surveyor
03301280939

More about the property

LAST AVAILABLE UNIT on this BRAND NEW DEVELOPMENT sold as whole (c5,500 sqft) or in two parts (c2,716 sqft). The continued success of Lincoln Enterprise Park has brought forward the next stage of expansion, which will see Phases 7 – 9 developed and delivery starting from Q1 2024, with phase 10 to be released later in the year.

The expansion plans will see 12 warehouses (subject to change depending on occupier requirements) across four separate blocks.

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Lincoln Enterprise Park
Lincoln Enterprise Park is an established commercial development located on the Southern fringe of the City of Lincoln with direct access to the A46 Lincoln bypass, 8 miles from the A1 and 8 miles from the city centre.


The enterprise park is home to a range of businesses, from growing start-ups to small-to medium enterprise (SME), accommodating a variety of uses including office space, general warehouse and distribution to more highly complex CNC manufacturing facilities. The site has been extensively developed to provide a modern yet rural enterprise park with scope for future growth.
Location
Lincoln Enterprise Park (LEP) is situated on the Southern Side of the A46, accessed from the Southbound carriageway approximately a half a mile to the south of its roundabout junction with the A1434 (Newark Road). LEP is a modern yet rural enterprise park established in 2006. The park benefits from an automated security gate, CCTV and extensive communal car parking.
AVAILABLE UNITS
Phase 7
6,623ft2 / 615m2 - SOLD STC
Phase 8 Unit 31
1,754ft2 / 163m2 - SOLD STC
Phase 8 Unit 32
1,754ft2 / 163m2 - SOLD STC
Phase 8 Unit 33
1,471ft2 / 137m2 - SOLD STC
Phase 8 Unit 34
1,471ft2 / 137m2 - SOLD STC
Phase 9 Unit 35
3,000ft2 / 279m2 - SOLD STC
Phase 9 Unit 36
1,927ft2 / 179m2 - SOLD STC
Phase 9 Unit 37
5,500ft2 / 511m2 - AVAILABLE
Phase 10
Phase 10 will be released shortly and will comprise 11,006 sq ft of employment space. Prices start from £140 per sq ft and all proposals will be considered individually.
SERVICES
Mains electricity (including 3 phase) and water are available to the property. None of the services have been tested and interested parties are advised to satisfy themselves in the regard.
OUTGOINGS
Business rates: To be confirmed following completion of each unit.


Charging Authority: North Kesteven District Council.
TENURE
Freehold with vacant possession. Consideration may be given to renting units upon new FRI leases (terms to be agreed). Guide prices start from £140 per sq ft/rents upon application.
SERVICE CHARGES
The Purchaser will be responsible for the contribution to any service charge in relation to the Property from the date of completion. Full details can be provided by the agent.
Legal Fees
Each party will be responsible for their own legal costs.
CEPC
Energy Performance Certificates will be carried out for these units on completion of the construction.
VIEWINGS
Viewing is strictly by appointment via:


Jasper Caudwell of Pygott & Crone,
07795 358878 
jcaudwell@pygott-crone.com


Andrew France of Lambert Smith Hampton
07548 706333 
afrance@lsh.co.uk
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