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Exchange Buildings, Exchange Buildings, Market Place, Boston

Guide price

£630,000

Auction

Size

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Tenure

Freehold

EPC

Parking

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Primary use
Mixed use

No floor / site plan

Key features

  • Prominent and substantial property in Boston city centre
  • Mixed-use investment opportunity
  • Upper-parts comprise eight flats (four x 2 bedroom and four x 1 bedroom flats)
  • Investment Let at £96,725 p.a. (15.35% GIY on Guide Price)

Description

The property comprises four shops arranged on the ground floor, with eight, separately-accessed residential flats (four x 1 bedroom & four x 2 bedroom) arranged on the first and second floors and all let on AST's. The property also comprises a third floor, part let on a long lease with majority offered vacant.

Boston is an historic Lincolnshire market town located 30 miles north-east of Peterborough and 50 miles east of Nottingham. The property is prominently situated in the heart of the town centre, on the south side of Market Place, at its junction with Town Bridge, close to Pescod Square Shopping Centre. Nearby retailers include Boots the Chemist, Superdrug, Holland & Barrett, Caffè Nero, KFC and Timpson.
Additional information
Service charge
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Business rates
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Use class
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Listed building
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Energy performance certificate: A

An Energy Performance certificate helps you understand the current energy efficiency of a property.

Read more about EPC requirements

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Environmental data
BREEAM rating

Unclassified

Environmental description
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Read more about energy considerations for commercial property

Brochure

Exchange Buildings, Exchange Buildings, Market Place, Boston

NEAREST STATIONS

National Rail

Boston Station

0.31 miles

National Rail

Hubberts Bridge Station

3.6 miles

About Savills National , Savills Auctions- Commercial

Savills National , Savills Auctions- Commercial

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Disclaimer - Property reference B8197531-48EE-4F6B-8B39-9B4F485991EA. 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 Savills National , Savills Auctions- Commercial. 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.