An excellent opportunity to purchase a substantial industrial unit with the benefit of parking for numerous vehicles. The premises are currently let out on a 3 year lease from May 2017 and achieves a rent of £14,000 per annum. The ground floor offers in the region of 395sqm (4,250sqft) of space and briefly comprises office with store cupboard, extensive workshop area, w.c. and store room. The first floor offers additional office space, canteen room, store room and w.c.'s. AN EXCELLENT INVESTMENT OPPORTUNITY WITH TENANTS ALREADY IN PLACE.

Tenure

Leasehold. 78 Years Remaining on Lease

Ground Floor

Workshop Area: 26.73m x 29.64m (87’8 x 97’ 3) gross internal area Office and store, separate workshop, store room and two separate w.c.'s. Access for loading with manual roller shutter. Workshop Area: Store: 1.94m x 2.86m (6’4 x 9’5) With uPVC double glazed window. Office: First Floor Canteen: 4.75m x 2.86m (15’7in x 9’5) With radiator, electric wall heater and uPVC double glazed window. Office: 5.02m x 2.86m (16’6 x 9’5) With radiator and uPVC double glazed window. Womens W.C.: With sink, toilet, radiator, timber framed single glazed window and a uPVC double glazed window. Mens W.C.: With sink, toilet, radiator and timber framed single glazed window. Rear Yard: Accessed down the side of the property, providing parking for a number of vehicles and enjoying the benefit of a secure palisade gate and a flood light.

General Remarks

Current Tenancy The property is currently let out on a 3 year lease commencing May 2017 and achieving an annual rent of £14,000 per annum. Business Rates The rateable value is £13,250 per the 2017 Ratings list. All interested parties are advised to make their own enquiries. Viewing Strictly by appointment with Auction House. Services Prospective purchasers are advised to make their own enquiries of the relevant statutory authorities. NB: Services, Apparatus and Equipment have not been tested by Auction House and therefore cannot be verified as being in working order. The buyer is advised to obtain verification from their Solicitor/Surveyor. These particulars are believed to be correct but their accuracy is not guaranteed and they do not form any part of any contract. Information relating to Rating and Town & Country Planning matters has been obtained by verbal enquiry only. Prospective purchasers are advised to maketheir own enquiries of the appropriate Authority.

Energy Efficiency Rating (EPC)

Current Rating E

Services

Interested parties are invited to make their own enquiries to the relevant authorities as to the availability of the services.

Local Authority

East Lindsey District Council

Solicitors

Bridge McFarland, 9 Cornmarket, Louth, LN11 0EN, Ref: Dale Crombleholme, Tel: 01507 605 883

Additional Fees

Buyer's Premium - £1200 inc VAT payable on exchange of contracts.

Administration Charge - £750 inc VAT payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.