Retail premises to let in Dolphin Lane, Boston PE21

The property is arranged over three floors, with a sales area, office/store room and WC on the ground floor.

The first and second floors contain a further WC, kitchen and other rooms that could be used as office space, store rooms or consultation rooms.

Location

Dolphin Lane is an attractive, bustling parade located just off the main Market Place in the centre of Boston.

The parade is home to a number of independent shops, such as Delfino’s Café, whilst the Market Place is home to a wide variety of national retailers including Holland & Barratt, Boots, H Samuel, HSBC, Lloyds Bank and Nationwide.

£2m has been spent by Boston Borough Council on a scheme of improvements to Market Place which have considerably upgraded the environment in the surrounding area for shoppers, as well as providing an improved transport hub for visitors using public transport into and out of the town.

Boston is an East Lincolnshire market town providing the main retail and commercial facilities for both the town residents and surrounding extensive agricultural based catchment.

It has a residential population of circa 60,000 and a catchment population of approximately 68,000. The town is located approximately 35 miles south east of Lincoln and 33 miles north east of Peterborough.

Services

We understand that mains services of water, electricity and drainage are available and connected to the property. These have not been tested and interested parties are advised to make their own investigations to the relevant utility service providers.

Town and country planning

We understand that the property has consent for uses falling within Class E (Commercial, Business & Services Use) of the Town and Country Planning (Use Classes) Order 1987 (as amended).

Following changes to the Use Classes Order that came into effect on 1st Sepember 2020, Class E now encompasses a number of uses including A1 (Shops), A2 (Professional & Financial Services), A3 (Restaurant & Café), B1 (Business) and D2 (Assembly & Leisure).

Rates

Charging Authority: Boston Borough Council
Description: Shop and Premises
Rateable value: £5,900
ubr: 0.512
Period: 2020-2021

Multiplying the Rateable Value figure with the ubr multiplier gives the annual rates payable, excluding any transitional arrangements which may be applicable. For further information, please contact the Charging Authority.

Eligible for Small Business Rates Relief.

Tenure

The property is available To Let on a new lease, for a term of years to be agreed.

Rent

£10,000 per annum exclusive

VAT

VAT will be charged in addition to the rent at the prevailing rate.

Legal costs

Each party is to be responsible for their own legal costs incurred in documenting the transaction.

Viewing

To view the premises and for any additional information please contact the sole agents.