Skip to content

Wide Bargate, Boston

£895,000

Business rates & charges may apply

Bruce Mather Limited, Boston
SIZE

Ask agent

SECTOR

Residential development for sale

Key features

  • Mixed use development opportunity
  • Suitable for a variety of uses (subject to planning)
  • Prominent corner position fronting Wide Bargate
  • EPC Rating D

Description

FULL PLANNING PERMISSION Ref (B/21/0536) to develop Boston Town Centre's former Post Office into 22 self contained apartments benefitting with a ground floor Commercial Class E floor space

This beautiful landmark property is conveniently situated by the prime retailing area and also Central Park, providing future occupiers with attractive local business and leisure amenities on their doorstep.

The property offers the potential to develop and provide attractive, stylish apartments and business premises in one of the most popular areas of the town.

Guide Price. £895,000.

Location - The subject property is located in Boston, Lincolnshire. Boston is an historic market town in the east of England and has a resident population of circa 60,000 and a catchment population of approximately 125,000. The town is located approximately 37 miles north of Peterborough and 35 miles south of Lincoln.

The property is situated in a prominent position on Wide Bargate with nearby occupiers including Next, Morrison's, W H Smith, Santander, and Waterstones. It is also within close proximity to Pescod Square Shopping Centre and Strait Bargate.

The property is also located directly in front of Central Park, one of the focal points of the town where many people enjoy the open space. The Park holds a number of events throughout the year and includes a bird avairy, children's play area, skate park, cafe, public toilets and open lawned parkland.

Description - The property forms part of a Grade II Listed Building known as The Post Office pleasantly situated in a Conservation Area and fronts Wide Bargate with return frontage to Park Gate. The building is formed of two interconnecting structures of brick build with part pitched slate roof and flat roof construction and is arranged over 3 storeys and a basement.

The property does not just comprise the matching front and side original section, but also the 3 storey extension with Service Yard facing Park Gate, leading to the Central Park.

In addition to the granted FULL PLANNING PERMISSION from Boston Borough Council, Ref: B/21/0536, the property also achieved Listed Building Consent for internal alterations to facilitate the change of use of the building to Class E and Class C3 through application B/21/0518.

The site is allocated as a Housing Commitment in the Local Plan. The business use of Class E on the ground floor was given to contribute to the vitality and viability of the Boston Town Centre and Primary Shopping Area in accordance with Policies 24 and 25 of the Local Plan.

Accommodation - The property comprises of Ground Floor, First Floor, Second Floor and Basement.

The full Planning Permission provides development for 3 Studio Apartments, 8 1-Bedroom Apartments, 11 2-Bedroom Apartments and a Class E Commercial Premises of approximately 2921sq.ft (271.4sq.m).

The Architect's breakdown for the properties is :-



S106 Contribution - Within the Planning Application, Vacant Building Credit has been applied for. The present owners will pay the remaining S106 financial contribution.

Business Rates - We understand from the VOA website the property presently has a rateable value of £75,000 from the April 2023 assessment. The property is Grade II listed.

Epc - The Commercial Area has an EPC 'D' Rating.

Terms - The property is available for sale freehold with vacant possession.

Viewing - Strictly by appointment with:
James Mather
Option 2 sales

Boston Town Deal - The vendor has provided us with copy documents for grant funding for certain external building works as the property has been identified as a "target property for funding". The works relate to repairs/ replacement windows, guttering, cleaning, repointing, joinery works and part scaffolding costs.

The vendor's received contact from a Heritage Consultant with grants suggested at £100,000 to £125,000, subject to criteria. The property has not been confirmed for a specific grant award, but the paperwork is worth interested parties studying and further investigation. There will of course be a date by which grant funding will finish.

Agent's Note - The vendor's have agreed to pay for the clearance of the pile of old building materials in the Service Yard upon Exchange of Contracts.

Note: All measurements are approximate. The services, fixtures and fittings have not been tested by the Agent.
All properties are offered subject to contract offered subject to not being previously sold or withdrawn; these particulars are issued on the understanding that all negotiations are conducted through Bruce Mather Limited.
Bruce Mather Limited for themselves and for Sellers of this property whose Agent they are give notice that:-
1) the particulars, whilst believed to be accurate, are set out as a general outline for intended buyers and do not constitute nor constitute part of any offer or contract; 2) All descriptions, dimensions, reference to condition and necessary permissions for use and occupation, and other details are given without responsibility and any intending Buyers should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to their accuracy; 3) no person in the employment of Bruce Mather Limited has any authority to make or give any representation or warranty whatever in relation to this property.

Vat - The owner has informed us the property is not elected for VAT.

Energy Performance Certificates

EE RatingEI Rating

Brochures

Wide Bargate, Boston

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Boston Station0.5 miles
  • Hubberts Bridge Station3.8 miles

About Bruce Mather Limited, Boston

6 Pump Square, Boston, PE21 6QW

Bruce Mather Estate Agents are a multi disciplined professional Estate Agency.

The practice operates in Residential, Commercial and Agricultural markets, with experienced specialists concentrating on their field of expertise.

In the Commercial Department, Manager James Mather and his team offer a comprehensive range of services. We value, sell or rent all commercial and agricultural properties. Professional Redbook valuations are also available. The sale and acquisition of development land and building plots are undertaken too. Properties can be sold by Private Treaty, Public Auction or Informal Sealed Tender depending on your needs.

We have over 40 years experience in commercial properties for Boston and surrounding areas. As you can imagine, we enjoy finding customers for our clients.

If you have a commercial need, we look forward to discussing it and helping you achieve your requirements

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 32605268. 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 Bruce Mather Limited, Boston. 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.