Excellent Town Centre trading location close to Pescod Square Shopping Centre
Nearby occupiers include Caffé Nero, Costa Coffee, WH Smith, Morrisons Daily and Next.
Lot 36
Auction 12th July 2022
Rent £41,850 per Annum Exclusive
Status Sold Post
Price
Sector High Street Retail
Auction Venue Live Streamed Auction
Property Information
Location
Miles
34 miles south-east of Lincoln and 55 miles east of Nottingham
Roads
A16, A52
Rail
Boston Railway Station
Air
East Midlands Airport
Situation
Boston is an historic Lincolnshire market town with an excellent population. The property is situated in an excellent trading location on the southern side of Strait Bargate - the main retailing pitch in Boston. Nearby retailers include Caffé Nero. Costa Coffee, WH Smith, Morrisons Daily and Next.
Tenure
Freehold.
Location
Miles
34 miles south-east of Lincoln and 55 miles east of Nottingham
Roads
A16, A52
Rail
Boston Railway Station
Air
East Midlands Airport
Situation
Boston is an historic Lincolnshire market town with an excellent population. The property is situated in an excellent trading location on the southern side of Strait Bargate - the main retailing pitch in Boston. Nearby retailers include Caffé Nero. Costa Coffee, WH Smith, Morrisons Daily and Next.
Tenure
Freehold.
Description
The property comprises a shop arranged on the ground floor with ancillary accommodation arranged on the first and second floors.
VAT
VAT is applicable to this lot.
Completion Period
6 week completion.
EPC
EPC - D
Description
The property comprises a shop arranged on the ground floor with ancillary accommodation arranged on the first and second floors.
VAT
VAT is applicable to this lot.
Completion Period
6 week completion.
EPC
EPC - D
Tenancy & Accommodation
Floor
Use
Floor Areas Approx sq m
Floor Areas Approx sq ft
Tenant
Term
Rent p.a.x.
Ground First Second
Retail/Ancillary Ancillary Ancillary
97.73 102.29 88.16
(1,052) (1,101) (949)
VODAFONE LIMITED (1)
5 years from 21/12/2018 on an FRI lease
£41,850
Total
288.18
(3,102)
£41,850
(1) From the latest accounts published on 31/03/2021 Vodafone Limited recorded a turnover of £5,384,000,000, a pre-tax profit of £179,200,000 and a shareholders funds of £5,932,000,000. (Northrow: 20/06/2022)
If you are the successful bidder, Acuitus requires a separate payment of £1,250+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.
