For SaleIndustrial & Logistics

Warehouse Premises, Offices & YardHoney Pot Lane, Colsterworth, Grantham, Lincolnshire NG33 5LT

5,084.09 Sq M (54,726 Sq Ft)•Large site of 1.67 hectares (4.12 acres)•Situated adjacent the A1•Series of warehouses with separate offices•

Lambert Smith HamptonFirst Floor, City Gate East, Tollhouse Hill, Nottingham NG1 5FS T +44 (0)115 950 1414

Honey Pot Lane, Colsterworth, Grantham, Lincolnshire NG33 5LT

Location

The site is situated in an established industrial locationapproximately 11 miles south of Grantham inLincolnshire.

The site is accessed from Honey Pot Lane, which providesdirect access to the southbound A1.

Description

The property comprises a series of warehouses of steelportal frame construction with profile sheet cladding,corrugated asbestos roof, roller shutter access doors andconcrete floor. There is office accommodation and amezzanine floor in one of the units. There is a warehousereferred to as the 'Greenhouse', which comprises a steelportal frame with a single skin cladding of corrugatedPerspex, concrete floor and suspended artificial lighting.

There is a separate two-storey office building of timberframed construction with timber cladding under apitched tiled roof. Internally, the building is of a modernspecification with double glazed windows, gas centralheating, heating/cooling units and Velux windows withinthe roof space.

Dedicated car parking is situated in front of the officebuilding, whilst the remainder of the site comprises amixture of unsurfaced and tarmac surfaced land.

Fenced and gated site•Separate office building•Generous parking and yard•Good transport links•

AccommodationFrom measurements taken on site, we calculate thefollowing:

Gross Internal Area Sq M Sq FtUnits 1-4 2,267.56 24,408Units 5-6 1,136.14 12,230Unit 7 534.77 5,756Unit 8 537.69 5,788'Greenhouse' 607.93 6,544Total 5,084.09 54,726

VAT

All prices, premiums and rents etc. are quoted exclusiveof VAT at the prevailing rate.

Legal Costs

Each party to be responsible for their own legal costsincurred in any transaction.

Business Rates

The premises have a Rateable Value of £123,000, withthe rates payable for 2015/16 being £60,639.

Terms

The premises are available freehold.

Asking Price

Offers in excess of £1,000,000

Planning

We have assumed that the current use of the propertyfalls with Class B1 (light industrial) and Class B2 (generalindustrial). Interested parties are to satisfy themselves inestablishing an appropriate use consent.

EPC

The offices have an EPC rating of C.

Note

The property is owned in part by Associated TimberServices Limited which is in Administration and its affairsare being dealt with by the Joint Administrators, SarahBell and Keith Marshall of Duff & Phelps Ltd, who act asagents of the Company and act without personal liability.

Viewing and Further InformationViewing strictly by prior appointment with the jointagents:

Robin ClarkeStrutt & Parker01223 459 46407469 155 163robin.clarke@struttandparker.com

Gavin WebbLambert Smith Hampton0115 976 661807921 354 157gjwebb@lsh.co.uk

Honey Pot Lane, Colsterworth, Grantham, Lincolnshire NG33 5LT

OS Plan

Image Copyright reproduced by Promap

Warehouse

Image Copyright reproduced by LSH

© Lambert Smith HamptonDisclaimer: Lambert Smith Hampton Group Limited and its subsidiaries and their joint agents if any (“LSH”) for themselves and for the seller or landlord of the property whose agents they are give notice that:(i) These particulars are given and any statement about the property is made without responsibility on the part of LSH or the seller or

landlord and do not constitute the whole or any part of an offer or contract.(ii) Any description, dimension, distance or area given or any reference made to condition, working order or availability of services or

facilities, fixtures or fittings, any guarantee or warrantee or statutory or any other permission, approval or reference to suitability for use or occupation, photograph, plan, drawing, aspect or financial or investment information or tenancy and title details or any other information set out in these particulars or otherwise provided shall not be relied on as statements or representations of fact or at all and any prospective buyer or tenant must satisfy themselves by inspection or otherwise as to the accuracy of all information or suitability of the property.

(iii) No employee of LSH has any authority to make or give any representation or warranty arising from these particulars or otherwise or enter into any contract whatsoever in relation to the property in respect of any prospective purchase or letting including in respect of any re-sale potential or value or at all.

(iv) Price or rent may be subject to VAT and any prospective buyer or tenant must satisfy themselves concerning the correct VAT position.(v) Except in respect of death or personal injury caused by the negligence of LSH or its employees or agents, LSH will not be liable,

whether in negligence or otherwise howsoever, for any loss arising from the use of these particulars or any information provided in respect of the property save to the extent that any statement or information has been made or given fraudulently by LSH.

(vi) In the case of new development or refurbishment prospective buyers or tenants should not rely on any artists’ impressions or architects’ drawings or specification or scope of works or amenities, infrastructure or services or information concerning views, character or appearance and timing concerning availability or occupation and prospective buyers or tenants must take legal advice to ensure that any expectations they may have are provided for direct with the seller or landlord and LSH shall have no liability whatsoever concerning any variation or discrepancy in connection with such matters.

Honey Pot Lane, Colsterworth, Grantham, Lincolnshire NG33 5LT

Location Plan

Image Copyright reproduced by Promap

August 2015