About this property

Detailed Description

Lincoln Business Park briefly comprises a 15 acre (6 hectare) level parcel of consented and serviced commercial development land where approximately 12.1 acres (4.90 hectares) are available for further development. This location is already home to Thompson & Richardson Financial Services, Brown & Co LLP and The East Midlands Ambulance Service NHS Trust. The site is suitable for a wide variety of uses, subject to the relevant planning permissions being obtained, to include Offices, Medical/Dental/Veterinary Surgery, Gymnasium, Children's Day Nursery, Trade Counter Units and Industrial/Warehousing.

Our clients are looking to construct buildings at this location in excess of 5,000 sq ft (465 sq m) with associated landscaping and car parking appropriate to each property to be built. Our developer client has a full in-house team available to them to oversee construction from start to finish to include architectural and planning consultants, a full construction team and their own plant and machinery. We therefore believe that all prospective tenant requirements can be accommodated through Taylor Lindsey at Lincoln Business Park, subject to suitable lease and rental terms being agreed between the parties.

Location

Lincoln Business Park occupies a prominent position with extensive frontage onto both Doddington Road and Sadler Road. This location provides easy access to both the city centre as well as the A46 Lincoln bypass which links to the A1 at Newark, approximately 17 miles from the site.

It is estimated that Lincoln and North Hykeham have a combined population as of 2021 of approximately 115,000 people and this is set to grow dramatically both residentially and commercially in coming years. There are a number of exciting projects currently being built in and around Lincoln University to include the Medical School due to open in Summer 2021 and associated student facilities which are having a positive impact on both the city centre and the wider economy across all sectors.

Services

We understand that each of the available serviced development plots at Lincoln Business Park will be able to be connected to mains electricity (with 3 phase supply), gas, water and drainage.

Viewing

As this site is an active construction site, all prospective interested parties are advised to make a formal appointment to inspect Lincoln Business Park site through Brown & Co as agent for the developer. To meet with HSE guidelines, all parties visiting the site are to carry and wear the relevant PPE in the form of a hard hat, high viz jacket and the appropriate footwear. To arrange a site meeting with a member of Brown & Co together with a member of the development team, please contact Brown & Co:

Brown & Co
5 Oakwood Road
Lincoln
LN6 3LH
Tel: 01522 457800

James Cameron
01522 457172
07768 465753
james.cameron@brown-co.com

VAT

It is understood that VAT will be charged upon the rent to be paid under the terms of any lease negotiated.

Legal Costs

Each party will be responsible for their own legal costs in respect of any letting negotiated as well as any agreement for lease documentation required to be entered into between the parties prior to the construction process commencing.

Other

Lincoln Business Park is allocated for Commercial Development under the current Local Plan. For further information please contact Lincoln City Council. Tel: 01522 881188.

Terms

LEASE TERMS
Each ingoing tenant will be required to sign a new effective full repairing and insuring lease in respect of any property to be constructed at Lincoln Business Park by our client with all new leases to incorporate 5 yearly upward-only rent reviews. Further information is available via Brown & Co LLP as agent for the developer.

RENTAL TERMS
Each design & build project will be costed and rentalised based upon the specification required by the ingoing tenant and having regard to our own client's aspirations with regard to lease terms which are expressed above.