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Lot 2 Click here for addendum

Freehold Vacant Shop & Upper with Planning Permission
Development and Investment Opportunity
6 Week Completion

Situation

Located directly opposite one of the main Town Centre Car Parks, but at the end of the shopping position two doors down from a large Iceland Supermarket and only a hundred yards from the prime shopping facilities of Wide Bargate and Silver Street.
Boston lies on the A16 approx. 30 miles north-west of Peterborough and 30 miles south-east of Lincoln.

Property

A mid terraced Grade II Listed building erected late 18th Century comprising a Double Fronted Ground Floor Shop. In addition, there is separate front access to Ancillary Accommodation on the two upper floors which now benefits from Planning Permission to convert to Residential Use - see Note 2.

Accommodation

Ground Floor Double Shop
Gross Frontage 25'5"
Internal Width 24'4"
widening at rear to 30'2"
Shop Depth 46'0"
Built Depth 55'0"
First Floor
3 Rooms, Kitchen and WC
Second Floor
2 Rooms

VAT is NOT applicable to this Lot

FREEHOLD offered with VACANT POSSESSION

Note 1: The property was previously let at £22,000 per annum.

Note 2: Planning Permission was granted on 15th November 2019 by Boston Borough Council for ‘Conversion of ground floor retail unit into two separate units including alterations to the shop front. Conversion of upper floors to a single dwelling (Class C3).' Planning Ref: B/19/0331.

Documents and plans are available from the Auctioneers.

Enquire about this lot:

JOINT AUCTIONEER:
Bruce Mather, 6 Pump Square, Boston PE21 6QW
Tel: 01205 365 032 Ref: James Mather
james@brucemather.co.uk

*Please note:

RESERVE

The 'Reserve' is the minimum figure for which a property can be sold as agreed between the Seller and the Auctioneer. The 'Reserve' is not disclosed and remains confidential between the Seller and the Auctioneer.

GUIDE

Where a 'Guide' is stated, it is an indication of the Seller's current minimum acceptable price ('Reserve') at auction. A 'Guide' is published to assist prospective buyers in deciding whether or not to pursue a purchase.

A 'Guide' does not represent an anticipated sale price or a valuation and the eventual sale price may be higher or lower. The sale price is determined at auction and as such cannot be predicted in advance.

The 'Guide' can be published as follows:

a. 'Reserve below' which means the 'Reserve' will be below the shown amount.
b. A single price figure where the 'Reserve' is not to exceed it.
c. A single price figure with a + symbol where the 'Reserve' is not to exceed that figure by more than 10%.
d. A minimum and maximum price range where the 'Reserve' is to be within that range.

The Seller's expectation as to the sale price may change during the marketing period as a result of interest received from prospective Buyers. Therefore, the Seller may increase or decrease the 'Reserve' at any time up to just before bidding commences. If the 'Reserve' becomes fixed at a level that makes the 'Guide' misleading, the Auctioneers will subsequently issue a revised 'Guide' as soon as is practicable. Accordingly, prospective bidders should monitor the 'Guide' with the Auctioneers prior to the Auction taking place via this website.

In addition to the purchase price the Successful Buyer or Successful Bidder will be liable to pay Barnett Ross Ltd a non-refundable administration fee of £1,500 including VAT or as specified on the Particulars of Sale and there may also be additional non-optional fixed or variable fees and costs. To establish the full cost of purchasing a property please inspect the special conditions of sale and all other documentation in the legal pack. Please also refer to any addendum that may be displayed on this page.

44 & 46 Wide Bargate, Boston, Lincolnshire PE21 6RY