£300,000
(£121.90/sq. ft)
Retail premises for sale28-30 Strait Bargate, Boston PE21
2,461 sq. ft
About this property
Gross yield of 6.67% with a purchase price of £300,000
Net yield of 6.47% with a purchase price of £300,000 assuming purchaser's costs of 3%.
Let to a strong tenant covenant
Prominent retail pitch within Boston
Size: 228.65 sq m (2,461 sq ft).
The subject property comprises a mid-terraced, two-storey retail unit of traditional brick construction beneath a pitched roof, occupying a prominent position fronting Strait Bargate within Boston town centre.
The accommodation is arranged over ground and first floors. The ground floor provides the principal retail sales area, configured to an open-plan layout with a customer sales counter and display cabinets positioned to the front of the unit. The retail area has been fitted out to a good standard with suspended ceilings incorporating recessed LED lighting, carpet and laminate floor finishes, and modern display fixtures. To the rear of the sales area is a secure staff counter together with ancillary office accommodation.
The first floor provides ancillary accommodation comprising staff welfare facilities, including a kitchenette and WC, office space, a staff room/break area, and a substantial storage area.
The subject property is located within the town centre of Boston, Lincolnshire. Strait Bargate is one of the principal retail and commercial thoroughfares within Boston, forming part of the established town centre shopping area.
Boston is a market town and administrative centre situated approximately 30 miles east of Lincoln and approximately 35 miles north-west of Skegness. The town benefits from good road connections, including access to the A16, providing links to surrounding settlements and the wider Lincolnshire road network. Boston railway station is located approximately 0.5 miles to the north-east, providing rail services to destinations including Grantham and Skegness.
The surrounding area comprises a mix of retail, professional services, leisure, and civic uses, with a number of national and independent occupiers represented within the town Centre.
The property occupies a central position within the established commercial core of Boston, benefiting from its town centre location and proximity to local amenities, transport links, and pedestrian footfall routes.
Retail within use Class E under The Town and Country Planning (Use Classes) Order 1987 (as amended).
EPC Rating 45B
The freehold property is available For Sale with an asking price of £300,000.
The rent is quoted exclusive of any VAT that may be payable.
The current ratable value from 1st April 2026 to present is £23,250.
The property is let to Harvey & Thompson Limited for a term of 5 years from 31st August 2022. The passing rent is £20,000 per annum.
For any enquiries or viewing arrangements please contact us below:
Henry Bowers BSc (Hons
The accommodation is arranged over ground and first floors. The ground floor provides the principal retail sales area, configured to an open-plan layout with a customer sales counter and display cabinets positioned to the front of the unit. The retail area has been fitted out to a good standard with suspended ceilings incorporating recessed LED lighting, carpet and laminate floor finishes, and modern display fixtures. To the rear of the sales area is a secure staff counter together with ancillary office accommodation.
The first floor provides ancillary accommodation comprising staff welfare facilities, including a kitchenette and WC, office space, a staff room/break area, and a substantial storage area.
The subject property is located within the town centre of Boston, Lincolnshire. Strait Bargate is one of the principal retail and commercial thoroughfares within Boston, forming part of the established town centre shopping area.
Boston is a market town and administrative centre situated approximately 30 miles east of Lincoln and approximately 35 miles north-west of Skegness. The town benefits from good road connections, including access to the A16, providing links to surrounding settlements and the wider Lincolnshire road network. Boston railway station is located approximately 0.5 miles to the north-east, providing rail services to destinations including Grantham and Skegness.
The surrounding area comprises a mix of retail, professional services, leisure, and civic uses, with a number of national and independent occupiers represented within the town Centre.
The property occupies a central position within the established commercial core of Boston, benefiting from its town centre location and proximity to local amenities, transport links, and pedestrian footfall routes.
Retail within use Class E under The Town and Country Planning (Use Classes) Order 1987 (as amended).
EPC Rating 45B
The freehold property is available For Sale with an asking price of £300,000.
The rent is quoted exclusive of any VAT that may be payable.
The current ratable value from 1st April 2026 to present is £23,250.
The property is let to Harvey & Thompson Limited for a term of 5 years from 31st August 2022. The passing rent is £20,000 per annum.
For any enquiries or viewing arrangements please contact us below:
Henry Bowers BSc (Hons
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