retail warehouse with open a1 retail consent george street boston ...

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RETAIL WAREHOUSE WITH OPEN A1 RETAIL CONSENT 1,596 sq m (17,174 sq ft) Net Usable Area

GEORGE STREET BOSTON, PE21 8XF

TO LET / FOR SALE GOAD PLAN

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Retail Warehouse close to Town Centre Opposite new Wickes and close to Halfords, McDonalds, Carpet Right, Pets at Home and Aldi Available on a new lease or for sale Parking available on site for a minimum of 15 vehicle spaces with a large public Local Authority car park adjacent

LOCATION

TENURE



The property is located to the west of the retail core of Boston town centre, opposite the new Wickes and close to a number of other retail warehouse operators including Halfords, Carpet Right, Pets at Home, Aldi and Dunelm Mill. 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 65,000 within the immediate area 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 tonnes of cargo per annum. The town is located approximately 37 miles north east of Peterborough and 35 miles south east of Lincoln.

PROPERTY A detached retail warehouse with on-site dedicated parking for a minimum of 15 cars. In addition there is a Local Authority car park adjacent.

The property is available for immediate occupation by way of a new Full Repairing and Insuring (FRI) Lease for a term of years to be agreed, subject to 5 yearly upward only rent reviews. Alternatively the freehold interest with vacant possession is available.

RENT / PRICE The property is available to let at a rental of £125,000 per annum exclusive. Alternatively the freehold interest with vacant possession is available at a price of £1,150,000.

VAT VAT may be charged in addition to the rental/purchase price at the prevailing rate.

LEGAL COSTS

ACCOMMODATION

The ingoing tenant will be responsible for the landlord’s reasonable legal costs in the case of a letting.

The property provides the following dimensions and accommodation:

Each party will pay their own costs in the case of a sale.

Ground floor sales Ground ancillary areas First floor ancillary areas Total

Sq m 1,503.50 48.50 44.00 1,596.00

Sq ft 14,178 523 473 17,174

ENERGY PERFORMANCE CERTIFICATE An Energy Performance Certificate is attached.

VIEWING

SERVICES

Strictly by appointment through the Joint Agents.

All mains services including gas, water, drainage and electricity are available and connected to the property.

Contact: Tel: Email:

TOWN AND COUNTRY PLANNING The property has an Open A1 Retail Consent.

RATES Charging Authority: Description: Rateable value: UBR: Period:

Boston Borough Council Retail Warehouse & Premises £108,000 0.493 2015-2016

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.

James Butcher 01522 544515 [email protected]

or Contact: Tel: Email:

Marc Luton at Bennett Phillips 0208 501 3000 [email protected]

Ref:

JRB/SJ/7548/G13(JES/D14/D15/F15)