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AGENT'S DETAILS


Town Centre Retail Unit, Strait Bargate, Boston PE21 6LR

To rent: £45,000.00 Per Annum|3396 Sq Ft|Retail

PROPERTY DETAILS

TO RENT£45,000.00 Per Annum
SIZE3396 Sq Ft
ADDRESSTown Centre Retail Unit, Strait Bargate, Boston PE21 6LR
TYPERetail
TENURETo Let
POSTED ON14th October 2020

DESCRIPTION

Occupying a prime retail pitch ground floor sales area with ancillary first floor, prominent position at intersection of Strait Bargate and Market Place, nearby retailers include Caffè Nero, H Samuels, Three Mobile, HSBC Bank and NatWest Bank, incentives available.

Prominent two storey retail premises overlooking the Market Place/Strait Bargate, providing ground floor sales with first floor storage and ancillary staff facilities.

LOCATION
The property occupies a prime position at the intersection of Strait Bargate and Market Place, Boston. Nearby occupiers include Ramsdens, Caffè Nero, H Samuels, Three Mobile, HSBC and NatWest Bank.

£2,000,000 (two million pounds) has been spent by Boston Borough Council on a scheme of improvements to Market Place which have considerably upgraded the environment in the 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 supplies 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 and Services Uses) 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 September 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: £76,500
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.

TENURE
The property is available To Let on a new Full Repairing and Insuring lease for a term of years to be agreed.

RENT
£45,000 per annum exclusive

VAT
VAT may 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.

LOCATION

Location: Town Centre Retail Unit, Strait Bargate, Boston PE21 6LR

Boston (0.3 miles)

Hubberts Bridge (3.6 miles)

Swineshead (6.9 miles)

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