Riverside Industrial Estate, Marsh Lane, Boston, Lincolnshire, PE21 7PJ
£50.00 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
8,400 sq ft
780 sq m
- SECTOR
Commercial property for sale
Key features
- Ten Units with Eight Separate Lettings Producing Over £39,000 per annum
- Buildings Extending to Provide 780sqm, 8,400sqft of Accommodation
- Excellent Track Record of Income with Potential for Rental Growth
- Brick Clad, Steel Frames on a Site of 0.84acres, 0.34ha
Description
Boston is a market town with a population of approximately 83,000 residents and has seen one of the fastest growth rates in the East Midlands over the last 20 year period.
The town is located on the South Lincolnshire Fens, approximately 100 miles to the north of the M25, 100 miles to the south-east of Leeds, 100 miles to the east of Birmingham and 35 miles to the north-east of Peterborough and the A1M.
Marsh Lane is the largest industrial area of the town, being located approximately 1.5 miles southeast of the marketplace.
The site is located in an established general industrial area with neighbours including engineering works, other motor traders, an HGV testing station, power stations and other heavy industrial activities.
Description...
The site comprises a pair of linked steel frame buildings subdivided to produce ten individual units arranged in eight separate lettings.
The site is approximately L shaped, extending with two vehicular accesses from Marsh Lane to the east. Various areas around the units divided for separate yardage areas attached to individual lettings.
The use is primarily motor trade, repairs, body work and general vehicle repairs, being local.
Schedule of Accommodation...
Unit
Term
Expiry
Annual Rent
sqm
1 & 2
3 Years
07.06.2024
£6,516
140sqm
3
1 Year
31.08.2024
£3,504
71sqm
4
1 Year
31.08.2024
£3,504
71sqm
5
1 Year
31.08.2024
£6,600
135sqm
6
1 Year
30.11.2023
£6,132
107sqm
7
1 Year
14.11.2023
£5,844
97sqm
8
1 Year
24.04.2024
£5,595
110sqm
9
3 Years
07.06.2024
£1,416
50sqm
Total
£39,111
781sqm
Tenure...
The property is available freehold subject to the benefit of the existing agreements.
Outgoings...
The units are individually rated with all occupiers responsible for their own utilities and Business Rates.
EPC...
The building has an Energy Performance Asset Rating D83. Full details are available on request.
Viewing...
All viewings are to be made by appointment through the agent.
Poyntons Consultancy.
Energy Performance Certificates
EPC 1Brochures
Riverside Industrial Estate, Marsh Lane, Boston, Lincolnshire, PE21 7PJ
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Boston Station1.3 miles
- Hubberts Bridge Station4.1 miles
About Poyntons Consultancy Commercial, Lincolnshire Office
Poyntons Consultancy Ltd - Commercial, 24,26 and 28, South Street, Boston, Lincolnshire, PE21 6HT
Poyntons Consultancy offers advice on disposals, property acquisitions and property development across the following sectors: Retail, Industrial, Office & Business Parks, Hotels & Leisure and Residential.
As a property consultants agency we deliver exceptional results to a large and varied client base consisting of developers, investors, landlords and tenants.
Notes
Disclaimer - Property reference TheFoundryInvestment. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Poyntons Consultancy Commercial, Lincolnshire Office. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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