Portfolio of 3 Retail Properties for Sale
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Portfolio of 3 Retail Properties for Sale
Offered at $4,113,872 in Boston
Executive Summary
The available investment comprises three retail units with accommodation over and an extensive area to the rear, let to NCP Car Parks.
32-36 Strait Bargate is presently combined to form one unit, however was designed as two separate units with an apartment over. The units have just been vacated and are currently let Subject to Contract to a new tenant. Details of the lettings are available on request with a commencing rent agreed at £15,000 for Year 1, increasing to £25,000 by Year 3 and the leases will contain a 6 month development clause in favour of the new purchaser.
4 Wide Bargate is currently arranged to provide a retail space with offices to the rear and vacant accommodation over with rent payable of £6,000 per annum. The façade is Grade II listed and part of the property is over an archway leading to the site at the rear which is used by NCP.
Conditional and unconditional offers are welcome from prospective purchasers at the guide price of £3.25 million Subject to Contract. Properties are being offered to the market by way of private treaty and all expressions of interest are welcomed.
32-36 Strait Bargate is presently combined to form one unit, however was designed as two separate units with an apartment over. The units have just been vacated and are currently let Subject to Contract to a new tenant. Details of the lettings are available on request with a commencing rent agreed at £15,000 for Year 1, increasing to £25,000 by Year 3 and the leases will contain a 6 month development clause in favour of the new purchaser.
4 Wide Bargate is currently arranged to provide a retail space with offices to the rear and vacant accommodation over with rent payable of £6,000 per annum. The façade is Grade II listed and part of the property is over an archway leading to the site at the rear which is used by NCP.
Conditional and unconditional offers are welcome from prospective purchasers at the guide price of £3.25 million Subject to Contract. Properties are being offered to the market by way of private treaty and all expressions of interest are welcomed.
Property Facts
| Price | $4,113,872 | Individually For Sale | 0 |
| Price / SF | $364.74 / SF | Total Building Size | 11,279 SF |
| Sale Type | Investment | Tenure | Freehold |
| Status | Active | Total Land Area | 1.45 AC |
| Number of Properties | 3 |
| Price | $4,113,872 |
| Price / SF | $364.74 / SF |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 11,279 SF |
| Tenure | Freehold |
| Total Land Area | 1.45 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 32-34 Strait Bargate, Boston PE21 6LJ | Retail | 2,453 SF | 1960 | - |
| 4 Wide Bargate, Boston PE21 6LJ | Retail | 4,725 SF | 1960 | - |
| 36 Strait Bargate, Boston PE21 6LJ | Retail | 4,101 SF | 1960 | - |
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Jack Fairman -
Poyntons Consultancy Limited
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Portfolio of 3 Retail Properties for Sale
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