This property is no longer on the market
Retail property (high street)
Property description & features
- HIGH PROFILE UNITS
- SUBSTANTIAL 2 STOREY ACCOMMODATION
- INVESTMENT OPPORTUNITY
- CIRCA £61,000 PA
The properties are situated by the busy Retailing Area of West Street, directly opposite Curry's and the Main A52 West Street and Sleaford Road roundabout. The properties are within walking distance of the Train and Bus Stations, Aldi and Asda making it attractive to tenants.
Description -
99-101 West Street, Boston - Commercial let
Baltic Food and Grocery
Accommodation - Ground floor, double fronted shop and premises. The accommodation layout (as at June 2018) comprises of two sales rooms, kitchen, cloakroom, storeroom and further cloakroom.
Rateable Value - The Valuation Office Agency Rateable Value of £38,750 from the 1st April 2017 comprises;
Ground floor sales: 2069.25sq ft (192.31sq m)
Staff toilets: 35.62sq ft (3.31sq m)
Store: 89.52sq ft (8.32sq m)
Staff toilets: 45.84sq ft (4.26sq m)
Overall total: 2240sq ft (208.2sq m)
Air conditioning system: 1839.96sq ft (171sq m)
3 A,B,C, Trinity Street -
Through Front Entrance Door Into -
Communal Hall - Ceiling lights and wall light. Double glazed window above door. Cupboard housing electric and gas meters. Concrete floor. Door to Rear Yard with window to side.
Staircase To -
1st Floor Landing - Having a pair of glazed French patio style doors to rear with railing. Double radiator. Doors leading to
Flat A - Inner hallway, radiator, ceiling light, door to
Lounge/Diner - 16'8" X 11'5" - Radiator, 2 ceiling lights, pair of glazed doors to rear with rail behind.
Opening to
Kitchen - 8'2" x 13'1" - Having a range of wood effect Kitchen base and wall units with roll edge worktops. Stainless steel with stainless steel oven and stainless steel cooker hood over. Plumbing for washing machine. Stainless steel one and a third bowl sink with chrome mixer tap. Gas wall mounted boiler. Radiator. Pair of glazed doors to rear with rail behind, dome shaped window above. Ceiling light.
From Hallway, doorway to
Bathroom - White suite comprising of panelled bath with shower to mixer tap, tiled splashback, close coupled WC, pedestal wash basin, radiator, ceiling light.
Double Bedroom - 11'7" x 9'10" - Pair of glazed doors to rear with dome shaped window over and rail behind. Radiator and ceiling light.
Flat B - Through entrance door, into
Hallway - Having ceiling light, radiator, Storage Cupboard. Doors leading to
Bathroom. - Having white 3 piece suite comprising pedestal wash basin, close coupled WC, bath with shower to mixer tap, radiator, ceiling light.
Bedroom - 11'8" x 10'10" - Having a pair of glazed doors to front with rail behind, dome shaped window above. Radiator and ceiling light.
Lounge/Diner - 17'3" x 12'0" - Radiator, 2 ceiling lights, pair of glazed doors to front with railing behind and dome shaped window above. Opening to
Breakfast Kitchen - 10'11" x 8'1" - Range of light wooden effect Kitchen base and wall units with black roll edge worktops. Stainless steel 4 gas hobs with stainless steel oven beneath and cooker hood above. One and a third bowl stainless steel sink with drainer and mixer tap. Plumbing for auto washer. Radiator. Pair of glazed doors to front with railings behind and dome shaped window over. Gas wall mounted boiler. Ceiling light.
Flat C -
Hallway. - Having radiator, 2 ceiling lights, storage cupboard. Doors leading to
Lounge - 17'1" x 17'8" - Having 2 pairs of front facing glazed double doors with railings behind. 2 radiators, 2 ceiling lights. Telephone and TV point.
Breakfast Kitchen - 10'1" ext to 12'8" x 13'9" ext to 17'7" - Having 5 windows to front. Range of wood effect base and wall Kitchen units with black roll edge work surfaces. Plumbing for auto washer. Gas hob with oven beneath and stainless steel cooker hood over. Radiator, ceiling light. Gas boiler.
Bathroom.. - Having white 3 piece suite comprising bath with shower to mixer tap, radiator, pedestal wash basin, close coupled WC, tiling around suite, ceiling light.
Bedroom One - 15'5" X 13'8" narrowing to 11'4" - Having a pair of glazed doors to rear with domed shaped window above, radiator and ceiling light.
Bedroom Two - 14'10" x 9'2" - Having a pair of glazed doors to rear with railing behind. Ceiling light and radiator.
5 Trinity Street First Floor Flat - Through front entrance with obscure glazed door into
Hallway.. - Having radiator, ceiling spotlights and stairs leading to
Landing - With ceiling lights, loft hatch. Radiator, storage cupboard and doorway leading to
Lounge - 18'5'' x 12'8'' - Having 2 windows to front elevation with 2 radiators under. Ceiling spotlights. Opening to
Kitchen - 12'8'' x 7'8'' - Having windows to the front and rear. Range of light wooden effect kitchen base and wall units with black speckled roll edged worktops over. Intermediate tiles. Stainless steel sink with chrome mixer tap. Space and plumbing for washing machine. Gas wall mounted boiler. Gas hob with oven beneath and cooker hood over. Ceiling spotlights.
From landing, doors to
Bedroom 1 - 10'8''X10'3'' - Having window to the side with double radiator under. Ceiling light. Storage cupboard. Ensuite shower room
Ensuite Shower Room - Having shower cubicle with white tiling around. White close coupled WC and white pedestal basin. Window to the side with radiator under. Ceiling spotlights
Bedroom 2 - 10'8''x8'10'' - With window to side with double radiator under. Ceiling light
Bedroom 3 - 10'8''x7'6'' - Window to side with double radiator under. Ceiling light
Bath And Shower Room - Having white 4 piece suite comprising; shower cubicle with white tiling, pedestal basin, close coupled WC, panelled bath. Window to rear with double radiator under. Ceiling light.
Units 3 & 5 Trinity Street -
Accommodation. - A pair of commercial units which can be rented as one premises or divided into two offices subject to building works.
Unit 3 - Comprises former office, cloakroom, kitchen and rear lobby
Unit 5 - Former office, kitchen and cloakroom
Rateable Value. - The Valuation Office Agency Rateable Value of £12,750 from the 1st April 2017 has assessed both offices as the premises:-
Retail Zone A 397.15sq ft (36.91sq m)
Retail Zone B 496.14sq ft (46.11sq m)
Staff Toilets 0
Retail Zone C 68.86sq ft (6.4sq m)
Total: 962.16sq ft (89.42sq m)
Air Conditioning System 893.08sq ft (83sq m)
Exterior - A communal yard area is at the rear of the properties and used for the storage of bins
Tenure - Freehold
The freehold to the property is for sale.
The property is subject to leases for the commercial units and the residential apartments.
As at 29th January 2022 the landlord informs us the rents total £61,212 pa with the breakdowns being :
99 West Street £15,000 rent plus vat and £600.00 service charge plus vat
101 West Street £19,920 rent plus vat and £600.00 service charge plus vat
3A,B & C £13,200pa net. Tenants pay own utility bills
Flat above 5 Trinity Street £6,000pa net. Tenant pays own utility bills
Units 3 & 5 Trinity Street subject to a 4 year lease starting Dec '18. Rent of £7092 pa plus vat and £600.00pa service charge plus vat
Epc Ratings - 99 West Street current EPC rating of C-52
101 West Street current EPC rating of D-85
Flat 3 -1A Trinity Street current EPC rating of C-69
Flat 3 - 1B Trinity Street current EPC rating of D-68
Flat 3 - 1C Trinity Street current EPC rating of D-62
Flat 5 Trinity Street currently EPC rating of E-53
Unit 3/5 Trinity Street currently EPC rating of E-125
VAT payable on Commercial Aspects
Vat - VAT is payable on commercial aspects.
Agent's Note - The rental income stated is as at 29th January 2022. Buyers are advised to confirm the rental incomes and agreements through their solicitor at time of purchase.
Note: All measurements are approximate. The services, fixtures and fittings have not been tested by the Agent.
All properties are offered subject to contract offered subject to not being previously sold or withdrawn; these particulars are issued on the understanding that all negotiations are conducted through Bruce Mather Limited.
. - Bruce Mather Limited for themselves and for Sellers of this property whose Agent they are give notice that:-
1) the particulars, whilst believed to be accurate, are set out as a general outline for intended buyers and do not constitute nor constitute part of any offer or contract; 2) All descriptions, dimensions, reference to condition and necessary permissions for use and occupation, and other details are given without responsibility and any intending Buyers should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to their accuracy; 3) no person in the employment of Bruce Mather Limited has any authority to make or give any representation or warranty whatever in relation to this property.
Viewings - Strictly by appointment with the selling agents, Bruce Mather Ltd. [use Contact Agent Button], Option 3.
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