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For Sale£500,000.00

Residential Conversion Opportunity, Crown Building, Lincoln Lane, Boston PE21 8RU

Residential, Other, Other Property Types & Opportunities , 21346 Sq Ft
Property type: Residential, Other, Other Property Types & Opportunities
Tenure: Development Opportunity, For Sale Freehold
Size: 21346 Sq Ft
Price: £500,000.00
Location: Crown Building, Lincoln Lane, Boston, PE21 8RU
Residential conversion opportunity with PDR consent for 18 (1 & 2 bed) units, potential for a further 9 units or ground floor commercial,
on-site car parking, central location close to Market Place/Bargate/Pescod Square, Freehold with vacant possession on completion.

A substantial 3 storey office building with on site car parking.

Consent has been secured through PDR to create 18 flats on the 2 upper floors, with potential for a further 9 flats or some form of commercial development on the ground floor.

The building sits on a site extending in total to 0.22 hectares (0.54 acres).

ACCOMMODATION
The property extends on a Net Internal basis to approximately 1,983.11 sq m (21,346 sq ft), and is laid out over 3 levels.

LOCATION
The property is situated in a central location in Boston close to Market Place, Strait Bargate and the Pescod Square Retail Scheme.

Boston is a growing Lincolnshire Market Town providing the main retail and commercial facilities for both the town residents and the surrounding extensive agricultural based catchment.

The town has a resident population of circa 60,000 and a catchment population of about 68,000.

The town is located abut 35 miles south east of Lincoln and 33 miles north east of Peterborough.

TOWN AND COUNTRY PLANNING
The existing use of the building falls within B1 (Office) use of the Town & Country Order Class 1987 (as amended).

Prior Approval has been secured from Boston Borough Council for the change of use of the first and second floor to C3 (Residential) for 18 units comprising a mix of 1 and 2 bedroom units. This letter of approval is dated 28th March 2018.

Copies of the drawings and letter of consent are available from the Agents or can be downloaded directly off the Boston Borough Planning Portal.

TENURE
The property is being sold Freehold with vacant possession on completion.

PRICE
Offers are invited in excess of £500,000

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

LEGAL COSTS
Each party will be responsible for their own costs.

VIEWING
Strictly by appointment only through the sole agents.
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