Units 21-22, Kirks Yard, Branston
£495,000
For Sale





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Property summary
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Jamie Thorpe
MSc MRICS
Chartered Surveyor
03301280939
More about the property
INVESTMENT OPPORTUNITY
The Property is let on a secure lease for a period of 5 years from 28th October 2024, currently producing £33,962.30+vat per annum.
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DESCRIPTION
Two adjoining units within a recently constructed terraced industrial building forming part of phase 3 of the popular Kirks Yard Business Park. Each unit benefits from an electrical sectional door, personnel door, WC facility and 4 allocated parking spaces. An internal pedestrian access door has been installed within the dividing wall between the units following the recent letting of both units to a single tenant.
Two adjoining units within a recently constructed terraced industrial building forming part of phase 3 of the popular Kirks Yard Business Park. Each unit benefits from an electrical sectional door, personnel door, WC facility and 4 allocated parking spaces. An internal pedestrian access door has been installed within the dividing wall between the units following the recent letting of both units to a single tenant.
LOCATION
Kirks Yard is a 2.4 acre business park situated approximately 4 miles south east of Lincoln City Centre. Being located just outside the village of Branston, the site benefits from easy access to the A15, B1188 and the recently completed Lincoln Eastern Bypass.
Kirks Yard is a 2.4 acre business park situated approximately 4 miles south east of Lincoln City Centre. Being located just outside the village of Branston, the site benefits from easy access to the A15, B1188 and the recently completed Lincoln Eastern Bypass.
TENANCY
The Property is Let to Lincolnshire Enterprises Direct Ltd on a full repair and insuring lease for a term of 5 years from 28th October 2024 at a current rent of £33,962.30 per annum.
The Property is Let to Lincolnshire Enterprises Direct Ltd on a full repair and insuring lease for a term of 5 years from 28th October 2024 at a current rent of £33,962.30 per annum.
SERVICES
Mains electricity 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.
Mains electricity 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.
TENURE
The Property is available Freehold for £495,000+vat, subject to existing tenancy.
The Property is available Freehold for £495,000+vat, subject to existing tenancy.
SERVICE CHARGE / MANAGEMENT COMPANY
Each building will contribute to the cost of shared services. A draft service charge budget can be provided to interested parties upon request.
Each building will contribute to the cost of shared services. A draft service charge budget can be provided to interested parties upon request.
LEGAL COSTS
Each party will be responsible for their own legal costs.
Each party will be responsible for their own legal costs.
Energy Performance Certificate
The Property has an EPC rating of A-18
The Property has an EPC rating of A-18