Property Particulars - Banks Long & Co
PRIME RETAIL UNIT 114.74 sq m (1,235 sq ft) GF Sales 158.84 sq m (1,710 sq ft) Ancillary
UNIT 12 11 PESCOD SQUARE BOSTON PE21 6QX
TO LET GOAD PLAN
Prime retail unit within Pescod Square Retail Scheme Nearby retailers include Next, Waterstones, O2, Superdrug, Poundland and Marks and Spencer 400 space car park serving scheme Available by way of assignment – rent £70,000 per annum – lease expiry 16 November 2018
LOCATION
TENURE
The property is situated in a prominent location within the Pescod Square Shopping Mall, Boston. Nearby retailers include Marks and Spencer, Waterstones, Next, O2, Superdrug and Poundland. The Mall sits within the prime shopping area of the town centre on Bargate and Market Place. The centre provides 400 parking spaces for visitors.
The property is available by way of the assignment of an existing 10 year lease expiring on 16 November 2018.
Boston is an affluent 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 resident population of circa 60,000 and a catchment population of approximately 125,000. It is also one of the largest inland ports on the East Coast handling over 1.5 million tonnes of cargo per annum.
RENT
The town is located approximately 37 miles north east of Peterborough and 35 miles south east of Lincoln.
VAT
PROPERTY
VAT may be charged in addition to the rental at the prevailing rate.
A modern mid-terrace retail unit arranged over ground and first floors.
LEGAL COSTS
ACCOMMODATION
The ingoing tenant will be responsible for the landlords and tenant’s reasonable legal costs in connection with the transaction.
The property provides the following dimensions and accommodation: Ground floor sales: Ground floor office: First floor office: Total NIA:
114.74 sq m 30.37 sq m 128.48 sq m 273.59 sq m
1,235 sq ft 327 sq ft 1,383 sq ft 2,945 sq ft
SERVICES All mains services to include gas, water, drainage and electricity are available and connected to the property.
TOWN AND COUNTRY PLANNING The current use of the property falls within Class A1 (Retail) of the Town and Country Use Classes Order 1987 (as amended).
The lease is drawn on the equivalent of Full Repairing and Insuring terms by way of the payment of the Service Charge to cover external repairs and maintenance of the common areas.
£70,000 per annum exclusive
SERVICE CHARGE The current annual service charge is £9,561 per annum exclusive.
ENERGY PERFORMANCE CERTIFICATE An Energy Performance Certificate is available on request.
VIEWING To view the premises and for any additional information please contact the joint agents.
Contact: James Butcher or Harriet Hatcher Tel: 01522 544 515 Email: [email protected] [email protected] Ref:
JRB/HH/SN/LS/9037/A17
The property is not Listed and nor is it located within a Conservation Area.
OR
RATES
Contact: Rob Fraser - Savills Tel: 0207 409 8166 Email: [email protected]
Charging Authority: Description: Rateable value: UBR: Period:
Boston Borough Council Shop & Premises £76,500 0.497 2016-2017
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.
STREET PLAN
© Tele Atlas NV/Crown Copyright; Reproduced by Permission of Tele Atlas NV
LOCATION PLAN
UNIT 12 11 PESCOD SQUARE BOSTON PE21 6QX
TO LET GOAD PLAN
Prime retail unit within Pescod Square Retail Scheme Nearby retailers include Next, Waterstones, O2, Superdrug, Poundland and Marks and Spencer 400 space car park serving scheme Available by way of assignment – rent £70,000 per annum – lease expiry 16 November 2018
LOCATION
TENURE
The property is situated in a prominent location within the Pescod Square Shopping Mall, Boston. Nearby retailers include Marks and Spencer, Waterstones, Next, O2, Superdrug and Poundland. The Mall sits within the prime shopping area of the town centre on Bargate and Market Place. The centre provides 400 parking spaces for visitors.
The property is available by way of the assignment of an existing 10 year lease expiring on 16 November 2018.
Boston is an affluent 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 resident population of circa 60,000 and a catchment population of approximately 125,000. It is also one of the largest inland ports on the East Coast handling over 1.5 million tonnes of cargo per annum.
RENT
The town is located approximately 37 miles north east of Peterborough and 35 miles south east of Lincoln.
VAT
PROPERTY
VAT may be charged in addition to the rental at the prevailing rate.
A modern mid-terrace retail unit arranged over ground and first floors.
LEGAL COSTS
ACCOMMODATION
The ingoing tenant will be responsible for the landlords and tenant’s reasonable legal costs in connection with the transaction.
The property provides the following dimensions and accommodation: Ground floor sales: Ground floor office: First floor office: Total NIA:
114.74 sq m 30.37 sq m 128.48 sq m 273.59 sq m
1,235 sq ft 327 sq ft 1,383 sq ft 2,945 sq ft
SERVICES All mains services to include gas, water, drainage and electricity are available and connected to the property.
TOWN AND COUNTRY PLANNING The current use of the property falls within Class A1 (Retail) of the Town and Country Use Classes Order 1987 (as amended).
The lease is drawn on the equivalent of Full Repairing and Insuring terms by way of the payment of the Service Charge to cover external repairs and maintenance of the common areas.
£70,000 per annum exclusive
SERVICE CHARGE The current annual service charge is £9,561 per annum exclusive.
ENERGY PERFORMANCE CERTIFICATE An Energy Performance Certificate is available on request.
VIEWING To view the premises and for any additional information please contact the joint agents.
Contact: James Butcher or Harriet Hatcher Tel: 01522 544 515 Email: [email protected] [email protected] Ref:
JRB/HH/SN/LS/9037/A17
The property is not Listed and nor is it located within a Conservation Area.
OR
RATES
Contact: Rob Fraser - Savills Tel: 0207 409 8166 Email: [email protected]
Charging Authority: Description: Rateable value: UBR: Period:
Boston Borough Council Shop & Premises £76,500 0.497 2016-2017
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.
STREET PLAN
© Tele Atlas NV/Crown Copyright; Reproduced by Permission of Tele Atlas NV
LOCATION PLAN
