Clayton Road

Lincoln, Lincolnshire

Reference:
2028
Type:
Residential
Status:
Sold
Size:
5.93 acres

Map

Please note: Locations and addresses are approximate and may not be as accurate as expected.

Details

The Property is irregular in shape and extends to circa 5.93 acres (2.4 hectares) in total.

The northern section includes an office / depot, a workshop, stores, car parking and yard, all currently leased to Cadent Gas. The rent payable is £42,800 per annum and is not subject to rent reviews, with expiry on 30th September 2021. This lease is contracted outside of the Landlord and Tenant Act 1954 and includes rights for the tenant to terminate by serving at least 1 months’ notice. The remainder of the Property comprises the cleared sites of the former gas holders and associated hard standing used for parking, storage and access.

The two compounds adjacent to the northern and eastern boundaries of the Property (eastern compound edged and hatched red on the Site Plan below) are operational and owned by Cadent Gas, so do not form part of the sale.

Planning

Planning status: No Application

Application details:

There is development opportunity, with potential for a range of uses (subject to planning).