Commercial Property for sale

West Street, Boston, Lincolnshire

£98,800

Property Description

Key features

  • Freehold Investment Opportunity
  • 3 Storey Property comprising
  • Retail Shop
  • First Floor Flat
  • Second Floor Flat (sold off)
  • Mixed Commercial/Residential Area

Full description

A freehold investment opportunity comprising a 3 storey property in a mixed commercial/residential area of Boston.
The ground floor comprises a retail shop extending to approximately 230 sq.ft. (21 sq.m approx) of space and which produces a rental income of £5,400 per annum.
The first floor comprises a self-contained flat with Lounge, Kitchen, Bedroom and Bathroom and is currently let at a rent of £4,590 per annum.
To the second floor there is a further flat but this has been previously sold under a long leasehold interest.

Accommodation - GROUND FLOOR:-

Shop Unit - 17'2"/8'2" x 15'3"/12' (5.23m x 4.65m) - Having glazed window to frontage together with front entrance door.

Lobby - Having door to rear elevation and tiled floor; from the lobby a door leads to the

Cloakroom - Having fully tiled walls and floor; white close coupled w.c.; pedestal wash basin with mixer tap; uPVC double glazed window to rear elevation; wall light.

There is separate access to the rear giving access to a single storey STORE.

Storage Room - 9'10" X 9'7" down to 7'11" x 9'4" (3.00m X 2.92m down to 2.41m x 2.84m) - Having uPVC double glazed window to side elevation; power and lighting; hand wash basin.

First Floor -

Bedroom - 13'4" x 9'7" (4.06m x 2.92m) -

Kitchen - 9'8" x 7'2" (2.95m x 2.18m) - Having stainless steel sink unit; fitted base drawer and cupboard units; fitted wall cupboards.

Lounge - 10'8" x 8'8" +6'10" x 5'6" (3.25m x 2.64m +6'10" x 1.68m) -

Bathroom - Having panelled bath, pedestal wash basin and low level w.c.

Second Floor - We are advised that the second floor flat was sold on a long leasehold basis in 1989 for a term of 125 years.

Tenure - We understand the property to be freehold, but subject to the following leases/tenancies:-
GROUND FLOOR SHOP: LET at the current passing rent of £5,400 per annum on a 6 year lease commencing December 2017. A copy of the lease is available for inspection at our office.
FIRST FLOOR FLAT: Let on an AST basis at the current rental of £4,590 Per annum.
SECOND FLOOR FLAT: Sold off in 1989 for a term of 125 years. No ground rent payable as far as we are aware.

Business Rates - We understand from the Local Authority website that the current Rateable Value Assessment is £5200 from the 1st April 2017.. Interested parties are advised to contact Boston Borough Council to verify the amount of business rates payable. (Tel: 01205 314413).

Agents Note - Note: All measurements are approximate. The services, fixtures and fittings have not been tested by the Agent.
All properties are offered subject to contract or formal lease 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 and Lessors 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 or lessees 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 or Tenants 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.

Viewing - Strictly by prior appointment through Bruce Mather Ltd. Tel: 01205 365032 Option 3

Note: All measurements are approximate. The services, fixtures and fittings have not been tested by the Agent. All properties are offered subject to contract or formal lease.

Bruce Mather Limited, for themselves and for Sellers and Lessors of this property whose Agent they are, give notice that:- 1) These particulars, whilst believed to be accurate, are set out as a general outline only for guidance and do not constitute any 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 or Tenants 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 this employment of Bruce Mather Limited has any authority to make or give any representation or warranty whatsoever in relation to this property.


More information from this agent

Energy Performance Certificates (EPCs)

Nearest stations

  • Boston (0.1 mi)
  • Hubberts Bridge (3.4 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Bruce Mather Limited, Boston

6 Pump Square, Boston, PE21 6QW

01205 626063 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:

Bruce Mather Limited, Boston

6 Pump Square, Boston, PE21 6QW

01205 626063 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 (0.1 mi)
  • Hubberts Bridge (3.4 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Bruce Mather Limited, Boston

6 Pump Square, Boston, PE21 6QW

01205 626063 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 27970092. 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.

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