11 Market Place & 14 Dolphin Lane Boston Lincolnshire PE21 6EH

  • 11 Market Place & 14 Dolphin Lane<br>Boston<br>Lincolnshire<br>PE21 6EH

11 Market Place & 14 Dolphin Lane
Boston
Lincolnshire
PE21 6EH

Substantial Freehold Retail/Development Opportunity

  • Prime pedestrianised town centre location
  • Substantial property comprising approximately 1,028.45 sq m (11,070 sq ft)
  • Return frontage to Dolphin Lane with potential to split building
  • Nearby occupiers include Boots the Chemist, KFC, Holland & Barrett, Caffè Nero and Pandora
  • Of interest to owner occupiers, developers and investors
  • Change of Use potential (subject to planning)
  • Low capital value on Guide Price (approximately £15 psf)
  • Lot
    44
  • Auction
    26th March 2020
  • Vacant Possession
  • Status
    Sold
  • Price
     
  • Auction Venue
    The Montcalm Hotel
    2 Wallenberg Place
    Marble Arch
    London W1H 7TN
  • On Behalf of Trustees
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Substantial Freehold Retail/Development Opportunity

  • Prime pedestrianised town centre location
  • Substantial property comprising approximately 1,028.45 sq m (11,070 sq ft)
  • Return frontage to Dolphin Lane with potential to split building
  • Nearby occupiers include Boots the Chemist, KFC, Holland & Barrett, Caffè Nero and Pandora
  • Of interest to owner occupiers, developers and investors
  • Change of Use potential (subject to planning)
  • Low capital value on Guide Price (approximately £15 psf)
  • Lot 44
  • Auction 26th March 2020
  • Vacant Possession
  • Status Sold
  • Price  
  • Sector
    High Street Retail
  • Auction Venue
    The Montcalm Hotel
    2 Wallenberg Place
    Marble Arch
    London W1H 7TN
  • On Behalf of Trustees

Property Information

Location
Miles
32 miles north of Peterborough
34 miles south-east of Lincoln
47 miles east of Nottingham
Roads
A16, A52
Rail
Boston Railway Station
Air
East Midlands Airport
Situation

Boston is a port town in the heart of Lincolnshire, approximately 32 miles north of Peterborough and 34 miles south-east of Lincoln. The property is located in the heart of Boston's pedestrianised retail zone, situated on the east side of Market Place in the town's main market square. Nearby occupiers include Boots the Chemist, KFC, Holland & Barrett, Caffè Nero, Pandora, Vision Express, Poundstretcher and Argos.

Tenure

Freehold.

Location
Miles
32 miles north of Peterborough
34 miles south-east of Lincoln
47 miles east of Nottingham
Roads
A16, A52
Rail
Boston Railway Station
Air
East Midlands Airport
Situation

Boston is a port town in the heart of Lincolnshire, approximately 32 miles north of Peterborough and 34 miles south-east of Lincoln. The property is located in the heart of Boston's pedestrianised retail zone, situated on the east side of Market Place in the town's main market square. Nearby occupiers include Boots the Chemist, KFC, Holland & Barrett, Caffè Nero, Pandora, Vision Express, Poundstretcher and Argos.

Tenure

Freehold.

Description

The property comprises ground floor retail accommodation with ancillary accommodation on the first, second and third floors. The property benefits from frontages to both Market Place and Dolphin Lane and the property could be split between Market Place and the smaller Dolphin Lane shop.

VAT

VAT is applicable to this lot.

EPC

Available from the legal pack at acuitus.co.uk.

Description

The property comprises ground floor retail accommodation with ancillary accommodation on the first, second and third floors. The property benefits from frontages to both Market Place and Dolphin Lane and the property could be split between Market Place and the smaller Dolphin Lane shop.

VAT

VAT is applicable to this lot.

EPC

Available from the legal pack at acuitus.co.uk.

Tenancy & Accommodation

Floor Use Floor Areas (Approx) Possession
Ground
First/Second/Third
Retail/Ancillary
Ancillary
675.06 sq m
353.39 sq m
(7,266 sq ft)
(3,804 sq ft)
VACANT
Total
1,028.45 sq m
(11,070 sq ft)
 

NB: Please note that the buyer will pay 2% + VAT of the purchase price towards the Vendor's costs, in addition to the cost of searches - please see Special Conditions of Sale.

If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.

Contacts

Acuitus
David MargolisDavid Margolis +44 (0)20 7034 4862 +44 (0)7930 484 440david.margolis@acuitus.co.uk
Seller's Solicitors
Pearl & Coutts 9 White Lion Street
London
N1 9PD
James Thomson 0207 843 9196james.t@pearl-coutts.co.uk

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

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