Shop for sale

Freehold Retail Unit Let to William Hill at 17B Wide Bargate, Boston, Lincolnshire PE21 6SR

Offers in Excess of £390,000

Property Description

Key features

  • Situated close to the Pescod Square Shopping Centre
  • Let to William Hill -with 2015 rent review to be commenced
  • Expected rent after review- 45,000 per annum
  • Good town centre location
  • Potential to create 6 apartments at the rear and first floor - subject to Planning

Full description

Tenure: Freehold

ADDRESS: 17B Wide Bargate, Boston, Lincolnshire PE21 6SR
Situated close to the Pescod Square Shopping Centre
Let to William Hill -with 2015 rent review to be commenced
Expected rent after review- 45,000 per annum Good town centre location
Potential to create 6 apartments at the rear and first floor - subject to Planning
LOCATION
The historic town of Boston, with a population of 35,000, is the capital of the Fenland district, located midway between Peterborough, 35 miles to the south and Lincoln, 35 miles to the north. Boston is located on the A16 and A52, 28 miles east of Grantham and the A1.
SITUATION
The property is situated within a Conservation Area in the town centre on Wide Bargate, a short distance from the new Pescod Square Shopping Centre and the pedestrianised Strait Bargate, one of the principal retailing streets, as well as a public car park.
Occupiers close by include Prezzo (opposite), Next, Waterstones, Costa Coffee, O2, Ryman, HMV, Thomas Cook, Post Office, JJB Sports, Alliance & Leicester and W H Smith.
DESCRIPTION
The property is arranged on ground floor to provide a large ground floor betting shop with staff and storage accommodation to the rear. At first floor there should be possibility to make two flats - Subject to Planning
ACCOMMODATION
Ground floor occupied by William Hill -1344 sq ft
Unoccupied area at the rear 1373 sq ft with1400 sq ft vacant on first floor
TENANCY
The ground floor is let to William Hill on a 20 year lease from March 2010 with 5 yearly reviews at a current rent of 25, 000 per annum. Tenant has option to break in March 2020 and 2025
Rent review expected to increase rent to 45,000 per annum.
Coral have 1357 sq. ft. and have a 15 year lease from 2007, paying a current rent of 48500 per annum
William hill are using 1306 sq. ft. on a 20 year lease with breaks paying 25, 000
VAT: Applicable TENURE: Freehold
PRICE: Offers in excess of 390, 000

More information from this agent

Nearest stations

  • Boston (0.4 mi)
  • Hubberts Bridge (3.7 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Suttons, London

100 Pall Mall London SW1Y 5NQ

020 8012 3073 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Floorplans


To view this property or request more details, contact:

Suttons, London

100 Pall Mall London SW1Y 5NQ

020 8012 3073 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Boston (0.4 mi)
  • Hubberts Bridge (3.7 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Suttons, London

100 Pall Mall London SW1Y 5NQ

020 8012 3073 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 15096. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Suttons, London. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Map data OpenStreetMap contributors.