Pen Street, Boston

An infill land parcel presently being used as a car park accommodating over 10 vehicles, situated in Boston Town Centre in an area populated by both residential and commercial users.

The land could continue to be used for car parking, income generation, storage or have the re-development potential explored subject to planning permission, similar perhaps to neighbouring developments built out on former car parks.

Description - A Town Centre Car Park situated directly off Pen Street, within walking distance of Wide Bargate, Strait Bargate and Pescod Square. The land is presently used to provide parking facilities for private Town Centre users. The location and shape of the Car Park might provide future re-development opportunities subject to the necessary planning consents. An example of a neighbouring Car Park development from Threadneedle Street is Boston Borough Council planning reference B/13/0148

Location - The Car Park is situated in between two commercial properties 13A and 15 Pen Street.

Tenure - Freehold

Planning - A 35% overage provision will apply to the land should any successful future planning permission be passed either at point of implementation or future sale. Overage period 25 years.

Business Rates - The vendor informs us there are no business rates on this property.

Viewings - By arrangement with the Selling Agents, Bruce Mather Ltd

Agent's Note - The properties 15 and 13a Pen Street have front access doors directly off Pen Street and also two doors (a side door for 15 and a rear fire door for 13a) accessed by the car park.

Neighbouring Properties For Sale - Buyers please be aware you also have the opportunity to buy the properties either side of the car park, 15 and 13a Pen street. Please discuss your options with the Agents, James, Guy, Rowina and Haydn