Office for sale

North End Business Park | Station Road | Swineshead | Lincolnshire | PE20 3LR

* Freehold Commercial Investment Producing £95,000 Per Annum

* Modern Offices Extending to Over 845sqm, 9,095sqft of Accommodation

* Over 40 Car Parking Spaces on a 2 Acre Site

* Excellent Track Record of Lettings with Almost No Voids Over the Last 20 Year Period

* Gross Rental Income Netting to £80,000 per Year or Thereabouts

Location…

The popular village of Swineshead is located at the crossroads of the A17 and A52 and approximately 4 miles from the A16. This affords excellent connections to East Anglia and the Midlands.

Peterborough and Lincoln are approx. 30 miles away with Newark, Grantham, Sleaford, Spalding and Boston even closer.

The site is located off Station Road.

Description…

The site houses a commercial development comprised of three buildings (two being connected) providing good quality modern offices of conventional construction with accommodation arranged on the ground and first floors.

The buildings have been arranged to provide 13 individual suites a storeroom and workshop/storeroom.

There is parking front and rear for approx. 40 vehicles and an overflow accommodating a further 10.

Schedule of Accommodation…

Unit Tenant Area m²

Unit 1 CEFETRA Ltd 121 sqm

Unit 2 Bliss Hair Studio 35 sqm

Unit 3 Locked and Secured 25.6 sqm

Unit 4 Speedifreight 64 sqm

Unit 5 (A) Grantus Ltd 13 sqm

Unit 6 (B) JPM Labour Services 24 sqm

Unit 7 (C) Mrs C Dobiesz 12 sqm

Unit 8 (D) RJB Independent Financial Adviser 53 sqm

Unit 9(E,F,G,9) Speciality Produce 108 sqm

Unit 10 Reinforce Structures 30 sqm

Unit 11 Tech Inspections 69 sqm

Unit 12 & 14 Health Watch Lincolnshire 182 sqm

Unit 13 Vacant 68 sqm

Stores Vacant 40 sqm

Total (inc Vacant) 845 sqm 9,095 sqft

EPC…

The offices have individual Energy Performance Asset Ratings ranging from C61 to C69.

Agent Notes…

Records are available showing a solid track record of income over the past 20 year period, two units are currently available.

The monthly rental income is approximately £8,000.

The “rent” covers an element of utilities currently running at around £1,200 per month including heat and light.

Outgoings…

The offices are individually rated, most of the tenants benefitting from 100% Business Rates Relief.

Viewings…

Strictly by appointment through the agent.

Poyntons Consultancy.