Get brand editions for Bruce Mather Ltd, Boston Sales

Residential Development for sale

West Street, Boston

£149,950

Property Description

Key features

  • INVESTMENT OPPORTUNITY
  • Tenanted Mixed Use Accommodation
  • Busy Commercial Area
  • Walking Distance to Market Place
  • Current Income Approx.14,400pa
  • Approx. 9.5% Yield

Full description

For sale as an INVESTMENT or future Owner Occupation, a mixed use 3 storey tenanted premises comprising: Ground Floor Restaurant, First and Second Floor Flats.
Approx. 340 sq.ft Kitchen/Restaurant and having separate access for the flats. Situated in a busy commercial area, close to the Town Centre.

Accommodation -

Ground Floor Restaurant - Approx. 185 sq.ft.
Glazed front entrance door; bowed front display window; opening to

Kitchen - 12' x13'2" approx. (3.66m x 4.01m appro x 0.00m) - Having opening into

Hallway - Having door to rear; further door to

Toilet - With white close coupled w.c.; white wash hand basin; ceiling light. Opening to

Store Room - Having window to rear elevation; ceiling light; door to flats.

A separate rear access door provides access to:-

First Floor Flat - Having door to inner hallway; door leading to

Shower Room - Having shower cubicle; tiling to 3 walls; shower tray; Aquatronic shower; obscure glazed window to rear elevation; radiator; white close coupled cw.c.; white wall mounted wash basin; gas wall mounted boiler; ceiling light; Manrose extractor fan.

Inner Hallway -

Kitchen - 8'7" x 6'2" ext.to hallway 9'3" (2.62m x 1.88m ex t.to hallway 2.82m) - Having range on white base and wall units; roll edge worktops; stainless steel wink with tiled splashback; fluorescent strip light; radiator; electric cooker switch.

Bedsitting Room - 12'10" x 14'4" (3.91m x 4.37m) - Having windows to front elevation; telephone point; radiator; fluorescent strip light; storage cupboard.

Staircase leading to:-

Second Floor Flat - Having rear entrance door; door to

Bedsitting Room - 17'5" x 12'4" reducing to 9'5" (5.31m x 3.76m reducing to 2.87m) - Having window to front elevation; ceiling light.



Kitchen - 11'9" x 7'6" down to 4'2" (3.58m x 2.29m down to 1.27m) - Having window to rear elevation; electric storage heater; ceiling light; plumbing for washing machine; range of kitchen base and wall units; stainless steel single bowl sink with drainer. Opening to

Lobby - Having ceiling light; door to

Shower Room - Having Aquatronic shower with tiled surround; ceiling light; white low level w.c.; white wash hand basin.

Exterior - To the rear there is a concrete yard with transparent wooden storm cover. Gate to public car park.

Tenure - Freehold. The freehold to the property is for sale. The property is subject to leases for the Restaurant and Apartments.
12 West Street- Restaurant. Lease £500 pcm/ £6000 pa (awaiting copy of lease)
12a West Street - Assured Shorthold Tenancy from 22/9/17 for 12 months - Rent £350 pcm/£4,200 pa
12b West Street - Assured Shorthold Tenancy from 23/2/17 for 12 months - Rent £350 pcm/£4,200pa
Current Income : £14,400 per annum - Yield 9.5%

Business Rates - Interested parties should make their own enquiries with Boston Borough Council (tel:-01205 314200) as to the amount of business rates payable.

Epc's - Copies of the EPC's for the two flats are held on file and are available for inspection at the Agent's offices.
The ratings are as follows:
Flat 12a -
Energy Efficiency Rating- Current 62 (D) Potential 75 (75)
Environmental Impact Rating - Current 61 (D) Potential 80 (C)
Flat 12b -
Energy Efficiency Rating - Current 39 (F) Potential 52 (E)
Environmental Impact Rating - Current 26 (F) Potential 38 (F)

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.

Viewings - Strictly by appointment with the selling agents, Bruce Mather Limited. Tel: 01205 365032.

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 (0.3 mi)
  • Hubberts Bridge (3.5 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Bruce Mather Ltd, Boston Sales

6 Pump Square Boston PE21 6QW

01205 626021 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 (0.3 mi)
  • Hubberts Bridge (3.5 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Bruce Mather Ltd, Boston Sales

6 Pump Square Boston PE21 6QW

01205 626021 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 27381069. 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 Ltd, Boston Sales. 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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