Retail premises to let in Strait Bargate, Boston PE21
£75,000 pa (£16.67/sq. ft. pa)
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Retail Unit Available To Let Leasehold with No Ingoing Premium
Prime Location in the Centre of Busy Market Town, EPC D97
Substantial Property Extending to Provide Over 4,500sqft of Accommodation
Current use A1 with Full Planning Consent to A1/A3 Coffee Shop
1 Year Rent Free and Further Incentives May Be Available
£75,000 per annum plus VAT, incentives available
The bustling market town of Boston has a secondary retail catchment area of over 130,000 shoppers and a population of 68,000 residents.
It is located approximately 115 miles to the north of London, 35 miles to the south-east of Lincoln, 40 miles to the east of Nottingham and 35 miles to the west of Kings Lynn.
The property is located in a central location within the main Prime Retail Precinct benefitting from a return frontage towards the secondary Retail Zone of Red Lion Street.
Nearby retailers include Café Nero, Vision Express, EE, Pandora, New Look, Oldrids Department Store and others.
An arcade entrance leads to the main retail area extending to provide open plan accommodation.
A rear stairway with separate access leads to the upper floors which are divided into a number of storage rooms, with an additional staircase leading to the second floor where there are further rooms forming ancillary accommodation.
Ground Floor Sales 2,290sqft
Ground Floor Store 115sqft
First Floor Accommodation 1,535sqft
Second Floor Accommodation 999sqft
The property is available by way of a new Full Repairing and Insuring Sub-Lease with a term of 5 years.
Rent will be paid quarterly in advance on the quarter days, the tenant being responsible for the buildings and all outgoings.
Each party to bear their own legal costs.
The property is available by way of a sub-lease for a term of 5 years. Alternatively, if it is possible to surrender the head lease and grant a new lease to the incoming tenant then additional incentives may also be available. Please enquire.
The property has been granted planning consent for a coffee shop Application No. B/17/0381 dated 7th November 2017. Details of the planning permission are available.
The property has a Rateable Value of £117,000.
The property has an Energy Performance Asset Rating D97. Further details are available on request.
The vendor reserves the right to charge VAT at the prevailing rate where applicable.
Viewing is by appointment through the Joint Agent:
* Sizes listed are approximate. Please contact the agent to confirm actual size.
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Poyntons Consultancy, and do not constitute property particulars. Please contact Poyntons Consultancy for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.
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