Office for sale in Proctors Road, Lincoln LN2, £500,000

500,000.00

Offer Nr.:
59616311
Type of ad:
for Sale
Property type:
Office
Contact name:
Banks Long & Co
Phone(s):
01522 397760

The property comprises a substantial detached two storey building originally
constructed as a 14 bedroom hotel but most recently utilised as offices and
training facility.
It is primarily of brick construction with partially rendered elevations, a
majority flat roof and upvc double glazed windows and external doors.
Internally the accommodation is sub - divided to provide a mixture of open plan
and private office areas with ancillary staff and WC facilities. The first
floor offices follow the original bedroom layout, many with en suite bathroom
fittings remaining insitu. The accommodation is finished internally with a
mixture of fair faced brick or painted and plastered walls, and plastered or
suspended ceilings.
Externally, the ample site area provides extensive car parking, circulation
and landscaped areas.
**Agent note**
The property is subject to a restrictive covenant prohibiting motor - trade use.
Further details available from the agents.
**Location**
The property is situated on Proctors Road with a prominent frontage to Outer
Circle Road. It is surrounded by a range of complementary commercial occupiers
including Go Outdoors, Just Automotive and Mr Tyre. The various amenities of
the Carlton Centre neighbourhood scheme are a short walk away and the property
is also close to
extensive residential areas. The property benefits from ease of access to the
new Lincoln Eastern Bypass and the regional road network thereafter.
**Accommodation**
Total NIA: 935 sq m (10, 069 sq ft)
Site Area: 0. 47 hectares (1. 15 acres)
**Town and country planning**
We understand that the property has established use for purposes falling
within Classes E and F1 of the Town & Country Planning (Use Classes) Order
1987 (as amended). Alternative uses may be deemed appropriate, subject to
receipt of necessary Planning Consent. Interested parties are advised to make
their own investigations to the Local Planning Authority.
**Rates**
Charging Authority: City of Lincoln Council
Description: Ambulance Training Centre
Rateable value: £32, 750
ubr: 0. 512
Period: 2021 - 2022
**Tenure**
The property is being offered For Sale freehold, or To Let, by way of a new
Full Repairing and Insuring lease.
**Price / rent**
Price - oiro £750, 000
Rent - £50, 000 per annum exclusive
**VAT**
VAT may be charged in addition to the price/rent at the prevailing rate.
**Legal costs**
Each party is to be responsible for their own legal costs incurred in
documenting the transaction.

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