Lancaster Business Park, , , , PE23 4BU

Pygott & Crone Lancaster Business Park, East Kirkby, Spilsby, Lincolnshire, PE23 4BU 36a Silver Street  Freehold sale (as whole or in parts)  Internal accommodation totals 10, 426 sqm (112,186 sqft) GIA Lincoln  Total site area 4.75 ha / 11.7 acre  External hardstanding areas, along with expansion land. LN2 1EW  Mixed use accommodation (office/industrial)  Planning Permission for four new units 01522 536777 [email protected] www.pygott-crone.com £PRICE ON APPLICATION

LOCATION - East Kirkby is on the A155 main road ACCOMMODATION - The Property more specifically comprises: linking the town of Spilsby and the village of approximately 12 miles to the north of Schedule of Accommodation Boston. The A16 trunk road is approximately 2 miles Description Size (GIA) Price For to the east. Agents comments SQM SQFT Sale Unit 1 2,788 30,000 £540,000 Available immediately with vacant possession. The Property has vehicular access directly off the A155. Units 2A 2,788 20,000 £480,000 Available with vacant possession in April 2019. Units 2B 1,858 20,000 £320,000 DESCRIPTION - The Property forms part of the former RAF East Kirkby, constructed as a bomber Units 2C 2,787 30,000 £480,000 base as part of the war in 1943. This is Rear Workshop 94 1,010 £25,000 Available immediately with vacant possession. commemorated today by the Lincolnshire Aviation Offices and Weighbridge 104 1,120 £50,000 Various offices are available by way of separate Heritage centre, immediately next door, which regularly taxis a Lancaster bomber on the adjoining negotiation. runway. Four New Build Units 1,000 10,760 £200,000 The site benefits further from planning permission for four light industrial units measuring in total 1,000 sq m / 10,760 sq ft. The units are yet to be The property comprises 3 linked clear-span steel built; however, the foundations have been laid. framed buildings and one detached building. The The sale will include the substructure which is units measure in total 10,426 sqm (112,186 sqft) already in situ along with the steel portal frame. GIA and the site has planning permission for a further Available immediately with vacant possession. four industrial units measuring 1,000 sq m / 10,760 O2 Telecoms Mast - - £25,000 Investment sale. Part of the site is subject to a sq ft. lease agreement dated September 2012 at a passing rent of £5,000 PAX, for a term of 10 years.

Each unit benefits from a large up and over door to the front and rear of the building and toilet facilities. In addition to the above, there is additional grassed expansion land thought to be suitable for B1, B2 & B8 uses; subject to obtaining consent from the local planning authority. An extensive concrete/tarmac hard standing area surrounds the buildings with a site area of The accommodation is available as a whole or in parts. All enquiries are welcomed. approximately 4.75 hectares / 11.7 acres.

TERMS - The property is for sale as a whole or in parts as outlined within the schedule of accommodation above, with preference given to units being sold with appropriate office areas. All interested parties are advised to make contact with the selling agents.

SERVICES - We understand that mains water and electric are connected to the property and 3 phase electric is supplied to each individual unit. Drainage is by way of septic tank. The services have not been tested and potential interested parties are to satisfy themselves in this respect.

TENURE - The freehold interest is available for sale.

TENANCIES - Units 1 is currently let on an informal basis whilst Units 2a, 2b, 2c and Offices 1 and 2 are currently let to a single occupier at a passing rent of £168,000 per annum.

BUSINESS RATES - We understand from enquiries in to the valuation office agency website that the property is rated as per the below: Description Rateable Value Unit 1 Not stated Unit 2a £52,500 R/O Unit 2a £2,700 Unit 2b & 2c £69,500

VAT - We understand that VAT will be chargeable.

LEGAL COSTS - In the usual manner, each party is to be responsible for their own legal costs incurred.

VIEWINGS - For further information connected to the property, please contact:

Jasper Caudwell BSc (Hons) MRICS at Pygott and Crone 01522 536777 07795 358878 [email protected]

OR

Tim Humphrey, BSc (Hons) MSc MRICS at Brown & Co 01295 273555 07971 974229 [email protected]

Total Site Area 4.75 hectares (11.7 acres)

Footings & Floor Slab for New Warehouse

Office & Weighbridge

Office 2

Rear Workshop Telecoms Mast