Next auction Thursday 25th April 2.30PM

11 Market Place, Boston, PE21 6EH



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Guide price

£125,000


Property Type

Commercial


Key Features

  • Freehold prime vacant town centre retail unit
  • Total floor area of 7,030 sq ft
  • benefits from retail use and ideal for alternative uses STP

Part of the 18 February 2021 auction
at 2.30PM

Freehold substantial town centre retail unit overlooking the main Market Place measuring 7,030 sq ft with full vacant possession

  • Freehold prime central Market Place location
  • Close to Natwest, H Samuels, Holland & Barrett & KFC
  • On street parking to the front/Market Place
  • Offered with full vacant possession
  • Ground floor sales area of 2,205 sq ft
  • To rear of sales is kitchen, store & staff W/C's
  • Access to rear bin store
  • First floor potential trading area of 2,436 sq ft
  • Second floor area of 862 sq ft
  • Third floor area of 700 sq ft
  • Potential for conversion of upper floors to residential STP
  • Previously used as a retail shop (Poundstretcher)
  • Ideal for alternative commercial uses; Café/restaurant STP
  • Property is subject to VAT at the prevailing rate
  • Ideal opportunity for owner occupiers, investor and developers

Please contact Auction Estates on 0115 7844 600

Fees

A buyer's premium of £1,440 inc VAT (£720 inc VAT if the sale price is less than £10,000) is applicable to each lot purchased. The Seller may charge additional fees payable upon completion. If applicable, such fees are detailed within the Special Conditions of sale. Buyers are deemed to bid in full knowledge of this.

Guide Prices and Reserve Prices

Each property sold is subject to a Reserve Price. The Reserve Price, which is agreed between the seller and the auctioneer just prior to the auction, would ordinarily be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. Both the Guide Price and the Reserve Price can be subject to change up to and including the day of the auction.

Conditions of Sale

The Conditions of Sale will be deposited at the offices of the auctioneers and vendors solicitors/licensed conveyancers seven days prior to sale and the purchaser shall be deemed to have knowledge of same whether inspected or not. Any questions relating to them must be raised prior to 11.30 am. Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.

The purchaser will also be deemed to have read and understood the auction conduct notes printed within the sale catalogue.

Freehold, subject to a short term letting which is capable of being terminated with 4 weeks notice.

D

Email: mm@bannerjones.co.uk
Telephone: 01623 6750800

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