Mundys Property Listings

Featured
£50,000

Business & Lease For Sale

Jasmin Road, Lincoln

LOCATIONBirchwood Shopping Centre is located on Birchwood Avenue, which runs between Skellingthorpe Road to the north and Doddington Road to the south, which both give access to Lincoln’s A46 Bypass. The property is located approximately three miles south of Lincoln City Centre and is a well-established retail parade, serving the local community.
DESCRIPTIONThriving Pet Food/Garden Supplies/Fishing Tackle Business For Sale – We are delighted to offer for sale this long-established business which is only being sold due to retirement of the current owners after 39 years of trading. The well-established business specialises in pet food, garden plants and supplies and fishing tackle equipment. The business has been established and run by the same owner for 39 years and has an excellent, loyal customer base. The business enjoys a healthy turnover and the property is occupied under the terms of a Lease. Further details overleaf.
ACCOMMODATIONThe retail accommodation provides for an open-forecourt which can be secured via a roller shutter door and beyond the forecourt is a large open-plan retail area extending to 97 sq.m (1,040 sq.ft). The forecourt extends to 27 sq.m (292 sq.ft). Beyond the retail area is a rear lobby, staff kitchen and WC compartment (disabled access compliant) providing for a further 11.8 sq.m (127 sq.ft).
SERVICESMains drainage, electricity and water are understood to be connected.
EPC Rating – C
TERMSTenancy Information – The property is held under the terms of a Lease which expires on 28th September 2024, although there are full rights to renew. The current Passing Rent is £19,000 per annum excluding VAT and utility costs. A Service Charge is also levied to contribute towards maintenance of communal areas. Further details are available on request.
OUTGOINGSRateable Value – £16,750
Small Business Multiplier (2023/2024) 49.9p in the £.
The property may qualify for small business rates relief.
VATVAT is payable on the rent and the purchase price.
VIEWINGBy prior appointment via Mundys Commercial.

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Featured
£675,000

SOLD S.T.C – Offices, Residential Conversions, Residential, Commercial

Newport, Lincoln

LOCATIONThe property is located fronting onto Newport from the corner with Vere Street, approximately one mile north of Lincoln City Centre and within walking distance of the tourist attractions of uphill Lincoln. There is also excellent access to surrounding areas via the nearby A46 Bypass, which can be accessed from Riseholme Road (B1226).
DESCRIPTIONFormer Vicarage/Office Building For Sale – This most attractive Edwardian Former Vicarage has a classical appearance and is located within the popular uphill district of Lincoln within close proximity of the Cathedral, Castle and Bailgate shopping district. The property is presented to a good standard throughout and in recent years has been converted from its original domestic use into office space at ground and first floor level, with attractively landscaped gardens and car parking areas together with a detached single garage. The property is considered suitable for a variety of uses including reverting back to residential use or conversion into multiple apartments, subject to the necessary Planning Permissions.
ACCOMMODATIONThis briefly comprises;
GROUND FLOOR:
Entrance Hallway/Reception (5.6m x 2.9m) with Male & Female WC Facilities off
Reception Office to Front (5.2m x 4.7m)
Conference Room/Library (9.3m x 4.2m)
Rear Office 1 (5.6m x 3.6m)
Kitchen (4.6m x 2.8m)
Disabled Access WC Compartment
Various Store Rooms including a Boiler Room.
FIRST FLOOR:
Stairs/Landing
Front Office 2 (3.6m x 2.9m)
Front Office 3 (4.3m x 5.2m)
Side Office 4 (3.9m x 4.2m)
Rear Right Office 5 (5.2m x 4.2m) with Admin Office off (3.6m x 2.1m)
Rear Right Office 6 (5.6m x 3.4m) with Store Room off (3m x 2.2m)
Ancillary Male & Female WC Compartments and a further Store Room.
The Gross Internal Floor Area extends to 305 sq.m (3,283 sq.ft).
The property was formerly a substantial five bedroomed vicarage and it retains many of its attractive original features, including sash windows and fireplaces.
OUTSIDE
The property occupies a rectangular shaped level plot, with gardens to the front, side and rear. A driveway and detached garage are accessible from Newport and to the side, via Vere Street, is a further block-paved parking area. Gardens are attractively landscaped.
SERVICESMains drainage, gas, electricity and water are all understood to be connected. A gas fired central heating system is installed serving radiators throughout.
EPC Rating – C (65)
TERMSFreehold.
OUTGOINGSTo be assessed.
VATVAT to be confirmed.
PARKING NOTESAmple parking.
PLANNINGThe current office use is permitted only for the current owner. All prospective purchasers will require planning consent for their intended use. Prospective Purchasers should make their own enquiries.
VIEWINGVia prior appointment with Mundys.

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Featured
£175,000

Fast Food Takeaway Premises with Living Accommodation Above

Queen Street, Market Rasen

LOCATIONThe property is located centrally within the busy town of Market Rasen with Queen Street being the main retail stretch, running through the town with town centre retailers comprising a mixture of national and independent operators. Market Rasen is within the borough of West Lindsey and has an attractive cobbled market place and is located on the edge of the Lincolnshire Wolds, being home to the County’s Racecourse.
DESCRIPTIONFast Food Takeaway Premises with Living Accommodation Above – This well-presented prominently located property has, until recently, been successfully trading as an Indian/Chinese Hot Food Takeaway, together with self-contained three bedroomed living accommodation at first and second floor level. The ground floor premises are well-presented and fully equipped, ready for the Purchaser to re-open this established and very popular business. Given that the living accommodation is self-contained, it is capable of either owner occupation or being separately rented.
ACCOMMODATIONAt ground floor level, the business premises comprise;
Reception Area – 4m x 3.8m
Recently refurbished, providing seating for customers.
Kitchen – 4.3m x 4.7m
Fully equipped with a range of catering equipment and having a tiled floor.
Rear Kitchen/Preparation Room – 2.4m x 4m
Once again, fully equipped to meet catering standards.
Rear Preparation Area/Store – 2.1m x 4.4m
With WC Compartment off. Once again, this preparation area is equipped and suitable for catering purposes.
The first floor is accessible via an external staircase comprising;
Kitchen – 5.3m x 3.6m
Fitted with a modern range of wall and base units and having a uPVC double glazed window.
Living Room – 5.6m x 4m
With two sash windows overlooking the front.
The second floor comprises;
Bedroom 1 (Front) – 2.8m x 4m
With sash window and radiator.
Bedroom 2 (Front) – 2.7m x 4.5m
With sash window and radiator.
Bedroom 3 (Rear) – 3.5m x 3.6m
With uPVC double glazed window and radiator overlooking the rear.
Bathroom/WC
Fitted with a modern white suite comprising; panelled bath, pedestal wash hand basin and low-level WC, having a vinyl floor and radiator.
SERVICESMains drainage, gas, electricity and water are connected to the shop and flat.
EPC Ratings – C
TERMSThe property is understood to be held on a Freehold basis.
OUTGOINGSRateable Value as of 1st April 2023 is £5,500.
Small Business Multiplier (2023/2024) 49.9p in the £.
The property may qualify for small business rates relief.
It may be possible to obtain Small Business Rates Relief, depending on individual circumstances.
Council Tax Band – A
VATVAT is not understood to be payable in addition to the purchase price,
LEGAL COSTSEach party is responsible for their own legal costs.
VIEWINGBy prior appointment through Mundys Commercial.

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Featured
£310,000

Investment Property For Sale

Guildhall Street, Lincoln

LOCATIONGuildhall Street is prominently located within Lincoln’s prime city centre being accessed directly off High Street, close to its junction with Stonebow. Neighbouring occupiers include HSBC Bank, Subway Sandwich Shop and James Usher Jewellery.
Lincoln is a vibrant Cathedral City, being the administrative and major shopping centre for the county of Lincolnshire, with an urban population of 130,000 residents and a total catchment population of 544,000. It is also famed for its growing University with over 15,000 students living within the city.
DESCRIPTIONCity Centre Investment Property For Sale – We are pleased to offer for sale this four-storey city centre property offered for sale subject to the existing tenancy, generating an income of £21,250 per annum. The accommodation is particularly well-appointed throughout with accommodation across five floors and a gross internal floor area of 213 sq.m (2,290 sq.ft).
ACCOMMODATIONThe property provides for well-presented, refurbished accommodation across the basement, ground, first, second and third floors, all used in association with the current Tenant’s business as a Beauty Spa. The basement comprises an open-plan salon area, extending to 38.4 sq.m. The ground floor provides for an Entrance Lobby, Main Retail/Spa Area and has a useable floor space of 37.6 sq.m. The first floor accommodation is air-conditioned and divided to comprise three Treatment Rooms together with a seating area and WC Compartment extending to 35.2 sq.m. The second floor also provides for three air-conditioned Treatment Rooms and extends to 36.8 sq.m and the third floor accommodation comprises; General Office and Staff Facilities extending to a total of 36.8 sq.m.
SERVICESMains drainage, electricity and water are connected. Please note the air conditioning installation is owned by the tenant rather than the Landlord.
EPC Rating – D
TERMSThe property is available on a Freehold basis, subject to the existing Tenancy, as described below.
Tenancy Information – The property is let under the terms of a ten year lease commencing 18th November 2014, at a Passing Rent of £21,250 per annum, fixed for the remainder of the term. The Lease is a conventional Full Repairing & Insuring Lease. Full details are available on request.
OUTGOINGSRateable Value – £16,500.00
Small Business Multiplier (2021/2022) 49.9p in the £.
The property may qualify for small business rates relief.
Prospective tenants should make their own enquiries regarding Small Business Rates Relief.
VATVAT may be applicable in addition to the purchase price at the prevailing rate.
VIEWINGStrictly by prior appointment through Mundys Commercial – 01522 556088.

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Featured
£199,950

SOLD STC – A3 – Restaurants / Cafes, Residential, Commercial

Market Place, Binbrook, Market Rasen

LOCATIONThe B17 Café is located centrally within Binbrook Village, which is situated within an area of ‘Outstanding Natural Beauty’, centrally within the Lincolnshire Wolds. Binbrook is well-served for local amenities and the larger, nearby towns of Market Rasen, Louth and Grimsby offer a wider range of facilities. Binbrook has a population of circa. 900 residents and is popular amongst walkers and cyclists.
Binbrook is a popular Lincolnshire Wolds Village located approximately seven miles north east of Market Rasen, 25 miles north east of the Cathedral City of Lincoln, 9 miles north west of the Georgian Market Town of Louth and 14 miles south west of the Port of Grimsby.
DESCRIPTIONFreehold Café Premises with well-presented Living Accommodation – We are pleased to offer for sale this rare opportunity to purchase a recently renovated and smartly presented freehold property which until recently traded as a popular café together with surprisingly generously proportioned living accommodation at ground and first floor level. In addition to the café seating area and kitchen, the living accommodation briefly comprises; Two Reception Rooms together with a generously proportioned Dining Kitchen with patio doors opening out onto a delightful courtyard rear garden and a Utility Room/WC. At first floor level, there are Three Bedrooms and a Bathroom/WC, all generously proportioned and well-presented throughout. The retail unit is considered suitable for a variety of different uses. Viewing is highly recommended.
This attractive Period Property comprises a cafe with adjoining living accommodation at ground and first floor level, which is well-presented throughout and represents an excellent lifestyle business opportunity at a very competitive price. Further information regarding the business is available on request and the accommodation is set out in further detail below.
ACCOMMODATIONPrincipal Café/Dining Area – 3.5m x 7.4m
Fully furnished and equipped in a retro/industrial style and providing covers for 18 diners. In addition, there is an ancillary seating area extending to 1.9m x 2.7m and the fully equipped preparation area and servery for café business extends to 3.5m x 3.2m. A full inventory of business fixtures and fittings is available on request.
The living accommodation is directly accessed from the café and comprises;
Living Room – 3.8m x 5.5m
With feature wood-burning stove installed, uPVC double glazed window and an Entrance Lobby providing separate external access onto Market Place.
Dining Room/Preparation Room – 3.5m x 3.2m
With tiled floor and uPVC double glazed window.
Kitchen – 4.4m x 2.7m
Fitted with a modern range of wall and base units including a Breakfast Bar and double glazed patio doors providing access to the delightful rear courtyard. A Utility Room and WC Compartment is also located off the Kitchen.
First Floor Stairs/Landing
Bedroom 1 – 4m x 2.4m
With uPVC double glazing and radiator.
Bedroom 2 (to front) – 3.3m x 3.3m
With radiator, uPVC double glazing and two built-in wardrobes.
Bedroom 3 – 2.8m x 3.1m
With radiator, central heating boiler and double glazed window.
Bathroom/WC
Fitted with a modern white bathroom suite with partially tiled walls and an electric shower fitted over the bath.
Outside
There is a delightful courtyard rear garden.
SERVICESAll mains services are connected.
EPC Rating – C
TERMSFreehold. It is understood that part of the accommodation is held on a ‘Flying Freehold’ basis.
OUTGOINGSRateable Value – £2,300
Small Business Multiplier (2021/2022) 49.9p in the £.
The property may qualify for small business rates relief.
It may be possible to obtain Small Business Rates Relief, depending on individual circumstances.
Council Tax Band for living accommodation – A.
VATThe Vendors have informed us that VAT is not payable.
LEGAL COSTSEach party are responsible for their own legal costs.
PARKING NOTESOn-street parking
VIEWINGVia prior appointment via Mundys.

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Featured
£4,500

Medical Treatment Rooms To Let

West Parade, Lincoln

LOCATIONThe property is prominently located within Lincoln City Centre and is therefore easily accessible for clients and there is the further benefit of free half hour parking spaces immediately in front of the building. In addition, there are a number of pay and display car parks close-by. Lincoln is the administrative and main shopping centre for the County of Lincolnshire, with a population of circa. 130,000 residents together with the total catchment population of circa, 550,000 residents. The City Centre has seen significant investment in recent years and in addition to the excellent visitor numbers/tourism, there is a thriving and growing University Campus close-by.
DESCRIPTIONConsulting/Treatment Rooms To Let – Rents From £375 PCM – We are pleased to offer various treatment rooms to let within this attractive City Centre Office Building, with ground and first floor accommodation available. The property is suited to a variety of treatment/consulting rooms (Medical Use Only), having the added benefit of a reception/waiting room and customer WC facility. Rents are inclusive of gas central heating throughout and lighting.
ACCOMMODATIONAccommodation
At ground floor level, the Hallway Leads to a client Waiting Room and WC and includes two Consulting Rooms. Room 1 (to the rear) extends to 15 sq.m (161 sq.ft)
At first floor level, there are four further treatment rooms ranging in size from 6 sq.m (65 sq.ft) to 19.2 sq.m (207 sq.ft). Ideally, the two front offices (numbers 5 & 6) comprising a small and large office would be ideal to combine for Tenants looking for a consulting room and private office.
Monthly Costs
Room 1 (ground floor) is available to for a monthly fee of £500 pcm.
Rooms 5 & 6 Combined (first Floor) are available for a monthly fee of £550 pcm
Room 4 (first floor) is available to for a monthly fee of £500 pcm.
Room 3 (first floor) is available to for a monthly fee of £450 pcm.
SERVICESMains drainage, gas, electricity and water are all connected to the property. A gas fired central heating system is installed serving heating throughout the accommodation. All costs associated with heating and lighting are included within the rents.
EPC Rating – D
TERMSThe various consulting rooms are available on flexible Licence Agreements for a fixed term to be agreed. The ingoing Tenant will be responsible for a referencing fee of £100 inc VAT and a deposit equivalent to one month’s rent, together with a licence production fee of £180 inc VAT.
OUTGOINGSBased on current incentives being offered by Local Government, a substantial reduction or even complete Rates Relief may be available.
VATIt is understood that VAT is not chargeable in addition to the rents as quoted above.
VIEWINGBy prior appointment through Mundys Commercial.

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Featured
£13,000

To Let by way of a Lease Assignment

Lincoln Road, Sleaford

LOCATIONUnit 5 Lincoln Road, Sleaford NG34 8AD is located on a small retail development comprising the Co-op Food Store and Post Office, Domino Pizza, Fillets Fish & Chip Shop, a Vape and a Charity Shop. The development has frontage onto Lincoln Road, which is one of the main arterial routes into Sleaford.
Sleaford is a popular Market Town, with a good range of amenities to include National Retail Outlets, Supermarkets, Banks, Restaurants, various Schools and Sports & Leisure Clubs. The Town is well-served by the A15 and A17 main roads and the Railway Station is located on the Nottingham to Skegness line.
DESCRIPTIONTo Let by way of a Lease Assignment – Excellent opportunity to occupy a prime retail unit, located on a small retail development off Lincoln Road, Sleaford, close to the Co-op foodstore and Domino’s pizza. Previously trading as a café, the property is now available by way of assignment of the current 25 year lease which commenced in February 2010. The existing fixtures and fittings are also available by separate negotiation for those interested in continuing the previous use as a cafe, or alternatively the property may suit a variety of other uses, subject to any necessary consents being obtained. The development benefits from customer parking to the front and staff/owner parking to the rear.
ACCOMMODATIONA glazed entrance door provides access to the café area, which has seating for approximately 32 covers. The area is ‘L’ shaped with the rear section used for storage. Extending to approximately 70 sq.m (753 sq.ft).
The Kitchen area extends to 13 sq.m (142 sq.ft) and to the rear of this is a disabled WC facility.
The premises benefit from a fully fitted Kitchen to include a gas range, grill and fryers, extraction equipment, fridge and freezer storage space and a serving counter to the main café area. A full inventory of items to be included can be provided upon request.
SERVICESMains electricity, water, drainage and gas are connected to the property. The property benefits from a gas fired central heating system. The premises benefit from a fire alarm system and internal CCTV.
EPC Rating – D
TERMSThe property is available by way of assignment of the existing 25 year Lease, which commenced on the 2nd February 2010. The current rent passing is £15,600 per annum (plus VAT) and there is a current Service Charge payable for the upkeep of the communal areas to the development, which we understand is circa. £336.82 (plus VAT) per quarter and subject to review. The rent is reviewed on a five yearly basis.
OUTGOINGSRateable Value – £12,000
Small Business Multiplier (2022/2023) 49.9p in the £.
The property may qualify for small business rates relief.
It may be possible to obtain Small Business Rates Relief, depending on individual circumstances.
The current owners have confirmed that they pay nil Business Rates.
VATVAT is payable on the rent due.
LEGAL COSTSThe ingoing Tenant is responsible for all legal fees incurred in the transaction.
OTHERAgents Note – The Tenants advise that the unit may suit a variety of alternative uses (subject to any required consent), in which case the existing fittings would be removed or if to be utilised, the fixtures and fittings can be made available by separate negotiation.
VIEWINGVia prior appointment with Mundys Commercial.

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Featured
£12,000

Retail Unit To Let

Newport, Lincoln

LOCATIONThe property is prominently located on Newport, within the popular Uphill Lincoln district, close to Lincoln’s Bailgate retail area and the tourist attractions associated with the Cathedral and Castle. The property is also located within a popular residential area, with neighbouring occupiers being a mixture of retail and residential uses.
DESCRIPTIONThis large open-plan Ground Floor Retail Unit is available to let and considered suitable for a variety of retail uses, being prominently located on Newport within the popular uphill district of Lincoln, close to the Bailgate Shopping District, Cathedral and Castle. The retail accommodation extends to 64 sq.m (689 sq.ft) and is considered suitable for a variety of uses. The accommodation was previously trading as a Betting Shop and is considered suitable for a variety of alternative uses subject to any necessary Planning Permissions being required.
ACCOMMODATIONThe ground floor showroom is open-plan and has the benefit of an air-conditioning system installed. To the rear, is a customer WC and further staff kitchen and WC facilities.

SERVICESMains drainage, electricity and water are connected. An air-conditioning system is installed providing heating and cooling within the ground floor accommodation.
EPC Rating – C
TERMSLease Terms – The premises are available to let for a term of six years, subject to a rent review at the third year, at a passing rent of £12,000 per annum. The ingoing Tenant is responsible for the Letting Agent’s referencing fee of £100 inc VAT, together with the Landlord’s reasonable legal costs for producing the Lease. Further details available upon request.
A deposit equivalent to three months’ rent will be payable upon completion of the Lease.
OUTGOINGSRateable Value – £7,400.00
Small Business Multiplier (2022/2023) 49.9p in the £.
The property may qualify for small business rates relief.
Prospective tenants should make their own enquiries regarding Small Business Rates Relief.
VATVAT is not thought to be chargeable in addition to the rent although this requires legal clarification.
VIEWINGBy prior appointment through Mundys Commercial.

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Featured
£265,000

Freehold Investment For Sale

Newark Road, North Hykeham, Lincoln

LOCATIONThe property is prominently located on Newark Road (A1434) close to its junction with Moor Lane/Station Road located approximately three miles south of Lincoln City Centre, within a mixed retail/residential district.
DESCRIPTIONFreehold Investment Property For Sale – We are pleased to offer for sale this commercial investment property comprising a substantial showroom generating a healthy income of £16,000 per annum (Business Unaffected). The property is prominently located on Newark Road (A1434), close it its junction with Station Road/Moor Lane.
ACCOMMODATIONThe showroom premises stand, in total, to 208 sq.m and comprise a mixture of retail space together with workshop, office and storage accommodation.
SERVICESMains drainage, gas, electricity and water are understood to be connected.
EPC Rating – C
TERMSLease Terms – The showroom premises are held under the terms of a 15 year Lease commencing 31st October 2008, with the Tenant responsible for all internal and external maintenance and repairs and the Passing Rent is £16,000 per annum, payable quarterly in advance.
Tenure – The property is being offered for sale on a Freehold basis, subject to the existing tenancy associated with the showroom premises.
OUTGOINGSRateable Value – £19,000
Small Business Multiplier (2022/2023) 49.9p in the £.
The property may qualify for small business rates relief.
VATThe Vendor has informed us that VAT is not payable on the rent or purchase price.
VIEWINGStrictly by prior appointment with Mundys.

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Featured
£175,000

Freehold Salon & Flat For Sale

Church Street, Ruskington, Sleaford

LOCATIONRuskington is a popular, larger than average village, located approximately four miles north of the Market Town of Sleaford. The larger city of Lincoln is located on the B1188 approximately fourteen miles to the north. The village offers a good range of local amenities to include a Coop Food Store with Post Office and Pharmacy, various Local Shops, Takeaways, Public Houses, Primary and Secondary Schools and a Railway Station on the Sleaford to Lincoln line.
DESCRIPTIONTo Include Fixtures & Fittings, Stock and Goodwill – An excellent opportunity to purchase a Freehold Investment Property located in the centre of the village of Ruskington. The ground floor currently comprises a well-established trading hairdressing salon (Business Unaffected) and is currently fully equipped for this use, with items included within the asking price. To the first floor, there is a one bedroom flat, currently let on an Assured Shorthold Tenancy Agreement. The property is being offered for sale due to the owner retiring.
ACCOMMODATIONHAIRDRESSING FRONT SALON – 3.95m x 3.84m (max dimensions)
Having a large display window to front elevation, entrance door and currently occupied by four chairs.
REAR SALON AREA – 4.79m x 2.30m (max dimensions)
Two wash basin chairs and two hairdryer seats, with store room off.
STAFF ROOM – 4.24m x 2.26m
With rear entrance door and internal door leading to the first floor flat.
KITCHEN – 3.42m x 1.51m
With fitted base cupboard, work surface, stainless steel sink and eye-level units.
CLOAKROOM – 1.92m x 0.9m
With wash basin and WC.
OUTSIDE
There is a small yard adjacent to the rear of the property, which is shared with the neighbouring properties, over which there is a pedestrian access.
FIRST FLOOR FLAT
Access to that flat is via an internal door from the Staff Room, with stairs leading to the First Floor Landing.
Living Kitchen – 3.90m x 3.87m
Having a range of modern fitted units comprising base cupboards and drawers with work surfaces over, inset stainless steel sink with hot and cold mixer tap. Electric oven and gas hob. There is a uPVC double glazed window to the front elevation and a feature decorative brick-built chimney breast.
Bedroom – 3.94m x 2.43m
Having new PVC double glazed window to the front elevation.
Bathroom – 2.57m x 2.68m
Having fitted three piece suite comprising; WC, wash basin and panelled bath. There is a uPVC double glazed window to the rear elevation.
SERVICESMains water, electricity and gas are connected to the property. Heating to the salon is provided by a wall mounted electric heaters and there is a gas fired central heating system to the first floor flat. The latter is served by a combination boiler located off the Bathroom.
Hot water to the salon is provided by a hot water cylinder with a timed immersion control.
ENERGY PERFORMANCE CERTIFICATE
Ground Floor Salon – C(62)
First Floor Flat – EPC Rating – C(72).
TERMSAvailable to purchase on a Freehold basis with Vacant Possession upon completion for the salon to include all fixtures and fittings, stock and goodwill. The flat is subject to an Assured Shorthold Tenancy Agreement, which commenced in February 2022 for a six month period. The Vendor advises that the current rent passing is £525 pcm.
OUTGOINGSThe current Rateable Value for the property is £3,100.
Small Business Multiplier (2022/2023) 49.9p in the £.
The property may qualify for small business rates relief.
It may be possible to obtain Small Business Rates Relief, depending on individual circumstances.
The flat has a council tax band of A.
VATThe Vendor has advised that VAT is not payable on the purchase price.
LEGAL COSTSEach party is responsible for their own legal cost incurred.
VIEWINGStrictly by appointment through Mundys.

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Featured
£43,000

B1 – Light Industrial To Let

Skellingthorpe Road, Saxilby, Lincoln

LOCATIONErris Court is located within the popular Saxilby Enterprise Park, situated approximately seven miles west of Lincoln City Centre, easily accessible via the A57 and Saxilby Enterprise Park has become recognised as a popular business location, offering a mixture of Offices, Warehouses and Light Industrial Units.
DESCRIPTIONLight Industrial Unit To Let – This is a substantial modern light industrial unit of steel portal frame construction extending, in total, to 526 sq.m (5,665 sq.ft). The unit has the benefit of five metre minimum working headroom and there are two full-height vehicle access loading doors. At present, the unit has a blockwork dividing wall and consideration may, therefore, be given to separating the units. Further information is available on request. In addition, the workspace has the benefit of a small mezzanine floor, providing for a further floor space of 30.6 sq.m (330 sq.ft). A portacabin-type Office located to the front of the principal building is also available if required.
SERVICESMains electricity, water and drainage are connected, including a Three-Phase power supply. WC facilities are available but at present there is no office content within the unit. A portacabin-type office is, however, available by separate negotiation if required.
EPC Rating – The property is exempt from the requirements of an Energy Performance Certificate.
TERMSLease Terms – The unit is available to let for a term of years to be agreed on a Full Repairing & Insuring basis at an initial rent of £43,000 per annum. The ingoing Tenant will be responsible for a referencing fee of £100 inc VAT, together with the Landlord’s costs associated with the production of a Lease. Further details are available on request.
OUTGOINGSTo be confirmed.
VATVAT is understood to be chargeable in addition to the rent.
VIEWINGBy prior appointment with Mundys Commercial.

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