CAR SHOWROOM, SOUTH PARK AVENUE LINCOLN, LN5 8EL - LOOPNET

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CAR SHOWROOM, SOUTH PARK AVENUE LINCOLN, LN5 8EL - LOOPNET
Car Showroom, South Park Avenue
Lincoln, LN5 8EL
#6890/2021J
CAR SHOWROOM, SOUTH PARK AVENUE LINCOLN, LN5 8EL - LOOPNET
Overview             Description          Location           Images         Plans           About

Car Showroom, South Park Avenue
                                                Lincoln LN5 8EL

Agreement      Detail                  Rent                            Size                          Location               Property ID

  To Let    Car Showroom           £55,000 pax                      7,505 sq ft                  Lincoln, LN5 8EL           #6890/2021J

                        For Viewing & All Other Enquiries Please Contact:

                               HARRY COLLINS                                         WILLIAM WALL
                                          		                                         BSC (Hons) MRICS
                               Surveyor                                              Director
                               harry.collins@bankslong.com                           will.wall@bankslong.com
                               07479 611143                                          07717 546269
CAR SHOWROOM, SOUTH PARK AVENUE LINCOLN, LN5 8EL - LOOPNET
Overview              Description              Location                Images                   Plans                 About

     Property                                                                  Services                                                                   Tenure
The property comprises a motor trade premises, providing showroom         We understand that mains supplies are available and connected to           The property is available To Let by way of an effective Full Repairing
and associated office/staff/wc facilities at ground floor accessed off    the property. These have not been tested and interested parties are        and Insuring lease for a term to be agreed.
South Park Avenue, with vehicle workshop/staff/wc facilities and          advised to make their own investigations to the relevant utility service
further sales area at lower ground floor level accessed from Kingsway.
There is a further sales area, office and stores are first floor level,
                                                                          providers.
                                                                                                                                                          Rent
                                                                               Town & Country Planning
accessed by an internal stairway.
                                                                                                                                                     £55,000 per annum exclusive
Externally the property has a large forecourt area fronting South Park

                                                                                                                                                          VAT
Avenue, together with a loading area to the rear off Kingsway. This
                                                                          We understand that the property has consent for Car Showroom
area amounts to 0.06 ha (0.14 acres).
                                                                          use falling within Sui Generis of the Town and Country Planning (Use

    Accommodation
                                                                          Classes) Order 1987 (as amended 2020).
                                                                                                                                                     VAT may be charged in addition to the rent at the prevailing rate.
                                                                          Alternative uses may be appropriate, subject to receipt of necessary

                                                                                                                                                         Legal Costs
                                                                          planning permission. Interested parties are advised to make their own
Having measured the property in accordance with the prevailing RICS       investigations with the Local Planning Authority.
Code of Measuring Practice, we calculate that it provides the following
floor area.

                                                                              Rates
                                                                                                                                                     Each party is to be responsible for their own legal costs incurred in
                                                                                                                                                     documenting the transaction.
 Area                                              m 2
                                                                  ft2

Ground Floor                                   571.77          6,154      Charging Authority: City of Lincoln Council
First Floor                                     93.20          1,003      Description:        Car Showroom and Premises
                                                                          Rateable value:     £32,500
Garage                                          32.31            348

Total GIA                                      697.28          7,505      Description:          Car Sales Site and premises
                                                                          Rateable value:       £9,400
                                                                          UBR:                  0.512
                                                                          Period:               2021-2022

                                                                          Multiplying the Rateable Value figure with the UBR multiplier gives
                                                                          the annual rates payable, excluding any transitional arrangements
                                                                          which may be applicable. For further information, please contact the
                                                                          Charging Authority.
CAR SHOWROOM, SOUTH PARK AVENUE LINCOLN, LN5 8EL - LOOPNET
Overview   Description   Location   Images   Plans   About

   Location

The property is located fronting
South Park Avenue with access
off Kingsway to the rear, to the
south of Lincoln City Centre. The
surrounding area comprises largely
densely populated residential,
with other commercial occupiers
interspersed including East
Midlands Ambulance Service,
Lincoln City Centre Police Station,
Bluebird Care Lincoln and Shire
Timber & Truss.

The property further benefits from
excellent road links to the A15,
A46 and B1188. The accessibility
has been further improved, with
the completion of the Eastern
Lincoln bypass located within close
proximity the property.
CAR SHOWROOM, SOUTH PARK AVENUE LINCOLN, LN5 8EL - LOOPNET
Overview   Description   Location   Images   Plans   About
CAR SHOWROOM, SOUTH PARK AVENUE LINCOLN, LN5 8EL - LOOPNET
Overview   Description   Location   Images   Plans   About
CAR SHOWROOM, SOUTH PARK AVENUE LINCOLN, LN5 8EL - LOOPNET
Overview                    Description                     Location                          Images   Plans   About

This is a print of the view of the title plan obtained from HM Land Registry showing the state of the title plan on 27 April
2017 at 16:33:33. This title plan shows the general position, not the exact line, of the boundaries. It may be subject to
distortions in scale. Measurements scaled from this plan may not match measurements between the same points on the
ground.

This title is dealt with by HM Land Registry, Kingston upon Hull Office.
CAR SHOWROOM, SOUTH PARK AVENUE LINCOLN, LN5 8EL - LOOPNET
Overview               Description               Location   Images   Plans   About

      OVER 30 YEARS OF
COMMERCIAL PROPERTY EXPERIENCE
 Multi-Discipline Property Consultants & Chartered Surveyors

              Click on the logo to find out more about each of our teams
CAR SHOWROOM, SOUTH PARK AVENUE LINCOLN, LN5 8EL - LOOPNET CAR SHOWROOM, SOUTH PARK AVENUE LINCOLN, LN5 8EL - LOOPNET
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