SOLD

TypeIndustrial Portfolio Investments · Office Portfolio Investments · Office Investments · Industrial Investments

LN9 Boston Road Industrial Estate, Holmes Way, Horncastle

TenureFor sale

Boston Road Industrial Estate, Holmes Way, Horncastle, LN91/11

Specification

Building size
Building size106,855sqft
Property type
Property typeIndustrial Portfolio Investments · Office Portfolio Investments · Office Investments · Industrial Investments
Tenure
TenureFor sale

Description

The property comprises a range of industrial and office buildings with the majority occupying a relatively rectangular shaped site with a further building, yard and car park adjoining to the east.

The main offices fronting Boston Road provide modern ground floor and first floor accommodation with an interconnecting warehouse. To the east of this are the adjoining press hall, production buildings and warehousing. To the south of the warehouse are four terraced light industrial units.

There is a central car parking/loading/circulation area with the additional building then having its own parking and yard. There is further parking land accessed off Townley Close, which is east of the main complex.

Range of industrial & office buildings

12.60% NIY

Business park location

Easy access from A153 to A158 leading to Boston & Lincoln

Location

The complex is located at the entrance of the main business park in Horncastle, fronting Boston Road. Access is from the A153, which in turn links to the A158, the main route to Skegness (20 miles east) and Lincoln (20 miles west).

The estate has a mix of car dealerships, offices and industrial units. Occupiers include Gymphlex, The Original Factory Outlet, Polypipe and SsangYong.

Amenities

Total site area 5.56 acres

Rental Income £335,150 pa

5 Tenants in occupation

1 Property Rent guarantee

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