Guide price £125,000
Lincoln is a cathedral city and the administrative and major shopping centre within the County of Lincolnshire with an urban area population of 130,200 (2011 Census). It is also a university city with over 14,000 students and staff contributing an estimated £250 million into the local economy. The city attracts circa 3.7 million tourists annually spending £1 billion.
The property is situated within The Old Brickyard which is accessed from the eastern side of Brant Road approximately half a mile to the south of its junction with Newark Road (A1434).
A detached single storey industrial building currently arranged as recording studios with kitchen, WCs and ancillary storage. The premises are predominantly open plan with individual rooms having been created out of demountable partitioning. The building sits on a site area of approximately 0.16 hectare (0.4 acre).
Measured on a gross internal area (GIA) basis in accordance with the RICS Code of Measuring Practice the property provides approximately 294m (3,162 sq ft) of accommodation.
We understand that mains gas, electricity, water and drainage are connected to the property. Interested parties should make their own enquiries with relevant service providers.
The current use of the property as a sound recording studio was granted by North Kesteven District Council on 6 December 1996 (ref: N/12/0840/96). Prior to this the property was used as a workshop and warehouse. The property would however suit a variety of alternative uses including office, retail, non-residential institutions and assembly / leisure (subject to planning consent for a change of use). Interested parties are advised to contact North Kesteven District Council on 01529 414155 to verify the current use of the property and to establish the likelihood of obtaining the necessary consents for a change of use or redevelopment if required.
Description: Recording studios and premises
Rateable Value (2017 List): £10,750
Standard Multiplier (2017/18): 47.9p in the £
Small Business Multiplier (2017/18): 46.6p in the £
Interested parties are advised to contact North Kesteven District Council to verify the above and to enquire about their eligibility for small business rate relief (which may amount to 100% depending on circumstances).
To be confirmed
Freehold with vacant possession upon completion.
The guide price quoted in these particulars is exclusive of VAT. At the time of preparation of these particulars (October 2017) we understand that the vendor has not elected to charge VAT
Plans included or attached to thee particulars are for identification purposes only and do not form any part of any contract. They may not be to scale.
For further information or to arrange a viewing please contact sole agents JHWalter LLP.
Andrew France 01522 504319 / 07795 657792 / firstname.lastname@example.org
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* Please Note: If Google Street View appears with no imagery, it is not available for this property