James Street, Boston

An exceptional freehold mixed-use investment opportunity situated in a highly connected, high-footfall location. This prominent property generates a combined annual income of £18,300. The asset features a secure ground-floor commercial premises alongside two independent, self-contained one-bedroom apartments above, complete with rare front parking.

Executive Summary - A valuable, freehold, mixed-use tenanted, Town Centre investment opportunity.

This highly desirable property produces an annual income of £18,300. The property is fully occupied by tenants.

The income is generated from £575pcm for the Commercial Shop, £470pcm for First Floor apartment and £480pcm for the Penthouse apartment. This three storey property comes complete with desirable front parking.

Location & Connectivity
•Transport Hubs: Positioned just minutes on foot from both Boston Railway Station and Boston Bus Station.
•Central Position: Right in the heart of Boston, close to local shops and restaurants.
•Convenience: Walking distance to schools, local services, and transport links.
•Ideal For: Buy-to-let investors looking for strong rental potential.
•Footfall: High-visibility positioning ensures continuous commercial exposure and steady residential demand.

Property Composition
•Ground Floor Commercial: Let on a rolling lease to an established bus company, offering a reliable commercial anchor tenant.
•Upper Floors Residential: Comprises two separate, self-contained 1-bedroom flats, perfectly suited for professionals, commuters requiring close transit links or retired customers requiring close access to Town Centre amenities.
•Exterior: Includes dedicated off-street parking spaces to the front of the property, a premium asset for town centre accommodation.

Investment Highlights
•Total Annual Income: £18,300 gross.
•Parking Advantage: Front parking enhances both commercial convenience and residential tenant retention.
•Diversified Risk: Balanced revenue split from both the commercial and residential sectors.
•Asset Management: Excellent potential for long-term capital growth and future rental optimization.

Accommodation -

Ground Floor Shop, 1 James Street - A lock up Retail Unit, approximately 307 sq ft, leased at £575 pcm to a local Bus Company, conveniently located to provide Rest Facilities for their drivers. The shop provides Retail Area, Store Room, Toilet and 2 car parking spaces. Rateable Value £6200.

First Floor Apartment, 1B James Street - A well presented flat comprising Entrance Hall, Front Lounge, Kitchen, Double Bedroom and Shower Room. Present tenancy since September 2015. Rent £470 pcm plus £30 a month for car park. The apartment has uPVC double glazed windows and a gas boiler for radiator heating. Total floor area approximately 312 sq ft (29 sq m). Council Tax band A.

Second Floor Apartment , 1A James Street - The penthouse flat, comprising Hallway, Living Room, Double Bedroom, Shower Room and Kitchen. Total Floor Area approximately 333.6 sq ft (31 sq m). Current tenancy since May 2021. Rent £480 pcm. The well presented apartment has a gas boiler for radiator heating and double glazed windows. Council tax band A.

Epc Ratings - The EPC Rating for 1 James Street is B.
The EPC Rating for 1B & 1A James Street is C.

Viewings - Strictly by appointment with the Selling Agent, Bruce Mather Ltd. Tel: .

Agent's Note - The interior photos were taken at the commencement of the tenancies.