Marsh Lane, Boston, Lincolnshire, PE21 7FP
Size
94,525.2
Tenure
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EPC
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Parking
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- Primary use
- Light industrial
Key features
- 2 Large Modern Units For Sale Freehold With Vacant Possession of Part
- 29,000sqft of High Quality Steel Warehouse Buildings with Parking
- Part Let to Motor Parts Direct Limited at 85,000 pa, ERV £160,000 pa
- Development Potential to Expand the Industrial Estate
Description
The market town of Boston is located on the South Lincolnshire Fens approximately 115 miles to the north of London and has a population of around 73,000 residents, a strong retail offering, good sporting facilities, a number of well-regarded schools, twice weekly market and a port.
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The property is located to the south of the town on the Marsh Lane Industrial Estate close to the entrance with the main A16 trunk road connecting Boston to Peterborough and the A1 trunk road.
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The site is located on the main Riverside Industrial Estate off Marsh Lane.
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Description...
The site comprises modern industrial warehouse buildings with parking and undeveloped parcels of land.
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The building comprises 2 units, the front unit is let to Motor Parts Direct on Full Repairing and Insuring terms on a 10-year lease dated April 2022.
The rear unit being let to C F Parkinson Technology who are expanding and will vacate the building at the end of Q1 2025.
Front Unit - Motor Parts Direct
This is a steel framed building with a customer reception area, production space and offices with retail shop, production storage area.
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Schedule of Accommodation
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Production Storage Area
944m2
10,160ft2
Ancillary Accommodation
25m2
270ft2
Offices Net
44m2
475ft2
Total
1,014m2
10,900ft2
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Rear Unit - C F Parkinson
This comprises a modern production facility with offices, steel framed construction.
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Schedule of Accommodation
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Production Storage Area
1,195m2
12,816ft2
Canteen
140m2
1,510ft2
Offices Net
274m2
2,950ft2
Mezzanine Storage
482m2
5185ft2
Footprint
1,650m2
17,760ft2
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The site extends to 2.17 acres and includes undeveloped parcels and parking with a communal road leading to the rear.
Tenure...
The property is available freehold subject to an occupational lease by Motor Parts Direct Limited and the remains of the occupancy of C F Parkinson who are hoping to vacate the site at the end of Q1 2025. The passing rent is £85,000 pa with an ERV of £160,000 pa excluding the potential income for the additional land.
EPC...
Where required, EPCs will be available on request.
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Agents Note...
Additional land extending to a further 3 acres is available to the rear of the site by separate negotiation. Please enquire for further information.
Viewing...
All viewings are to be made by appointment through the agent. Poyntons Consultancy.
- Clear height
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- Yard depth
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- Service charge
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- Business rates
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- Use class
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- Listed building
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An Energy Performance certificate helps you understand the current energy efficiency of a property.
Read more about EPC requirements- BREEAM rating
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- Environmental description
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Brochure
Marsh Lane, Boston, Lincolnshire, PE21 7FP
About Poyntons Consultancy Ltd, Lincolnshire Office
Poyntons Consultancy offers advice on disposals, property acquisitions and property development across the following sectors: Retail, Industrial, Office & Business Parks, Hotels & Leisure and Residential.
As a property consultants agency we deliver exceptional results to a large and varied client base consisting of developers, investors, landlords and tenants.
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Disclaimer - Property reference MarshLaneUnitInvest. 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 Poyntons Consultancy Ltd, Lincolnshire Office. 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.