INVESTMENT SALE, 15 Church Road, Martin Dales

£425,000
For Sale
1/13
£425,000
For Sale
Jasper Caudwell
MRICS BSc (Hons)
Chartered Surveyor
Close  x

Request a viewing

If you would like to arrange a viewing of INVESTMENT SALE, 15 Church Road, Martin Dales, simply fill in the form below.

Close this

Pygott & Crone aim to provide our customers and clients with the best possible safe and secure service, and we are committed to protecting and respecting your privacy. We have a legitimate interest to use the personal information you share with us, to tailor our services to your requirements, and to provide you with the best possible user experience. How we use your personal information, how we may share it, and how long we keep it for is all stated in our privacy policy. By submitting this form you are accepting the terms of our privacy policy

Please wait...

Loading

Property summary

INVESTMENT SALE
c7.4% yield after purchasers costs
Full planning for an additional 5856 sq.ft (544 sq.m)
0.72 Acre (0.29 Ha) Site
Two Detached Buildings
Good Quality Office & Workshop Space
Located just off the B1191
EPC - D (97)

Get in touch

Jasper Caudwell
MRICS BSc (Hons)
Chartered Surveyor

More about the property

Fully let mixed use investment premises for sale reflecting a yield of c7.4% after purchasers costs.

The Property comprises a detached good quality office building (5,464 sqft) with good sized rear yard and separate detached storage/workshop building (1479 sqft).

The overall site extends to 0.72 Acres (0.29 Ha) and benefits from Full Planning Permission for an additional 5856 sq.ft (544 sq.m) of general purpose buildings for industrial, commercial and storage purposes across 4 units under planning reference 21/0429/FUL.

The property is situated with frontage on to Church Road in the small village of Martin Dales approximately 1 mile from Woodhall Spa and 20 miles from Lincoln. The property lies on the West side of the river Witham just off the B1191 which links the A15 to Horncastle.
Woodhall Spa is an attractive large village and Spa resort with easy access to the Market Towns of Boston and Horncastle, the Cathedral City of Lincoln and the East Coast. It has excellent facilities including schools, banks, shops, hotels, superb tournament golf course and good social amenities. Situated in a rural area on the edge of the Fens, Woodhall stands in charming well wooded surroundings close to the River Witham.

View the location on a map

Click/tap here to reveal the map

Accommodation

ACCOMMODATION
RATEABLE VALUE
The property is collectively rated at £15,250 in accordance to the 2017 rating list (Local Authority Ref: 12881600160). We understand the Rateable Value will be increasing from 1st April 2023 to £18,500.
Detached Office Building
The property comprises a portal frame building with insulated cladding that has been converted into good quality office accommodation set out across a number of open plan and cellular areas. Internally, the walls are a mixture of stud wall and demountable light weight partitions with service cabling running throughout and suspended ceilings with inset lighting. To the front and side there is a single storey office block with felt roofing (both interlinked). The building has uPVC double glazed windows and is carpet tiled throughout.
ENERGY PERFORMANCE CERTIFICATE
The property has an EPC rating of D (97) which is valid until 25th January 2031.
Detached Store/Workshop Building
Detached fully refurbished workshop unit. The unit benefits from a vehicular entrance door with a brand new electric roller shutter door (fitted as part of the recent refurbishment works), windows and roof lights throughout together with staff and toilet facilities.
LEGAL FEES
We understand that VAT will not be charged in addition the sale price.
TENANCY DETAILS
Full tenancy and lease details are available on request.
VAT
The Landlord reserves the right to charge VAT on the passing rent at the prevailing rate.
SERVICES
We understand that the property benefits from three phase electric, water and drainage is via a septic tank. Heating is provided by an oil fired heating system to the office building only. The services or installations have not been serviced or tested.
AGENT'S NOTES
Please note, the site plan has been provided for indicative purposes only and should be confirmed as being accurate. Furthermore, the photos used in our marketing were taken prior to the current tenants occupation.
LOCAL AUTHORITY
North Kesteven District Council
Kesteven Street, Sleaford, NG34 7EF, Tel: 01529 414155
Chat live

Chat live with a member of staff

Please provide your name and email address to continue.

Cookies

We use some essential cookies to make our website work; and we use some other cookies to help us improve our website without identifying you. You can accept all cookies or change your settings below.

For an explanation of cookies and how we use them, see our cookie policy here (opens in new tab). Below you can choose to enable non-essential cookies.

These are anonymous and help us understand how our website is used.