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57/58, Market Place, Boston, PE21 6EH

Two freehold shops with ancillary accommodation on first/second floor, producing £35,000 per annum.
Location: 57/58 Market Place, Boston, PE21 6EH
Property type: General Retail, Mixed Use, Retail, Other Property Types & Opportunities
Tenure type: For Sale Freehold
Tenancy type: Investment
Size: 133.29 Sq M
** Unsold, the last bid was £300,000 and is available at £310,000 **

Summary: Miles: Lincoln 34 miles, Nottingham 56 miles
Roads: A52, A16
Rail: Boston
Nearby Occupiers: Marks & Spencer, KFC, Ladbrokes, Boots, Holland & Barrett, Argos

The property comprises a three storey building with two ground floor shops with first and second floor ancillary space. The property is situated in very prominent position over Market Place with other nearby occupiers that include H Samuel, Pound Stretcher, Ladbrokes and Lloyds Bank.


Boston Borough Council (01205 314305) www.boston.gov.uk.

Refer to the legal documentation

See website

Address Tenant Floor Use Sq M Sq F Lease Terms Rent £ pa Rent Review
TOTAL 133.29 1,435 £35,000
57 Market Place Individual (Phone Trader) Ground Retail 35.70 384 10 years from 27/02/2012 £19,000
58 Market Place Sandymere Ltd (Timpson) Ground First Second Retail Ancillary / wc Ancillary 26.57 28.69 42.33 286 309 456 20 years from 06/10/2003 £16,000 Break 05/10/2018 has been removed - Ref (2)1) The areas are for guidance and are not verified.
2) The break in the lease for No 58 in 2018 has been removed, due to landlords works that have been undertaken - please refer to legal pack.

Geldards LLP
Kylie Wood
0115 983 3677
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