Use Class E(b)
Marketed by Gregory Moore Property
Restaurant Premises with Takeaway Counter Capable of Retail and Leisure Uses
Boston is a bustling market town with an extensive range of local amenities, located on the South Lincolnshire Fens, approximately 35 miles to the north-east of Peterborough and 100 miles to the north of London. Boston is predicted to be one of the fastest growing towns in the East Midlands Region. Current estimates predict the population to be in the region of 68,000 residents. The town is a sub-regional shopping centre with approximately 100,000m2 of retail shopping floor space. The town has an estimated primary retail catchment area of 77,000 shoppers. When combined with the secondary area this increases to 235,000 shoppers. West Street is one of the busiest retail and restaurant areas of Boston being a vehicular conduit for pedestrians and cars into the town centre. The property is located to the west of the town centre with frontage to West Street and has shared car parking with Wickes, accessed off Fydell Crescent. Nearby out of town retail occupiers include Pets at Home, Halfords, ALDI, Currys/PC World, McDonald’s Restaurant and a number of other high profile restaurants and retailers.
Freehold - The property is available by way of a new Full Repairing and Insuring lease with no ingoing premium. The incoming tenant will be responsible for their own legal fees with regards to the preparation of the lease. The Restaurant is also available Freehold with Vacant Possession along with an office suite on two floors extending to provide around 866sqft of accommodation. The lease is for a term of five years from January 2016 at a rent of £3,500 per annum.
By appointment through the joint agents.
Accommodation details below:
The ingoing tenant will be responsible for all utilities at the property including Business Rates. The Rateable Value of the vacant property is currently £44,000, but is to be the subject of an appeal by the landlord. The offices have a Rateable Value of £4,750.
The property has an Energy Performance Asset Rating C73. Full details are available on request.
All the above information and descriptions (whether in the text, plans or photographs) are given in good faith but should not be relied upon as being a statement of representation or fact. Any areas, measurements or distances referred to are approximate only.
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