20 Wide Bargate, Boston, PE21 6RF

Location

Town Centre vacant property comprising former Prezzo Restaurant

(Unit 1) over Part Ground and Part First Floor

Further Restaurant/Leisure/Use Class E opportunity (Unit 2)

Upper Floors with planning and Listed Building consent

TOWN CENTRE INVESTMENT/REDEVELOPMENT OPPORTUNITY
20 WIDE BARGATE, BOSTON, PE21 6RF
PRICE: £1,150,000 FREEHOLD

TOWN CENTRE INVESTMENT/REDEVELOPMENT OPPORTUNITY
20 WIDE BARGATE, BOSTON, PE21 6RF
PRICE: £1,150,000 FREEHOLD

Detailed Description

20 Wide Bargate comprises a prominent corner three storey Grade II Listed Building, with the principle heritage asset fronting Wide Bargate with later additions to the rear.

Unit 1, forming the frontage of the building, has previously been occupied by Prezzo and comprises a fully fitted-out Restaurant Premises on Ground and First Floor levels which is ready for immediate trading occupation.

Unit 2, fronting Park Gate will, upon completion of separation works to be undertaken by our clients, form a further Ground Floor Restaurant class E opportunity.

The majority of the First Floor and the entirety of the Second Floor accommodation benefits from recently-granted Planning and Listed Building Consents for conversion to form 10 Residential Flats comprising 2 Studio Flats, 6 one bedroom Flats and 2 two bedroomed Flats. Copies of Architects Drawings, Asbestos Survey and Certification Of Asbestos Removal together with full plans relating to the conversion of the Upper Floors are available upon request.

Location

Boston is a large Market Town with an estimated population of approximately 70,000 people with the Town being the largest conurbation within South Lincolnshire and being situated approximately 35 miles South East of the City of Lincoln.

20 Wide Bargate occupies a prime Town Centre position with frontages to both Wide Bargate and Park Gate with the property being situated immediately adjacent to Boston County Club and Central Park.

Attractive Listed frontage onto Wide Bargate

Ground Floor ERV in respect of Units 1 & 2 approx £52,500 p.a.x

Excellent opportunity to create bespoke investment

Or redevelop Upper Floors to 10 Residential Flats

Summary

Key points

• Town Centre vacant property comprising former Prezzo Restaurant
• (Unit 1) over Part Ground and Part First Floor
• Further Restaurant/Leisure/Use Class E opportunity (Unit 2)
• Upper Floors with planning and Listed Building consent
• Attractive Listed frontage onto Wide Bargate
• Ground Floor ERV in respect of Units 1 & 2 approx £52,500 p.a.x
• Excellent opportunity to create bespoke investment
• Or redevelop Upper Floors to 10 Residential Flats

Contact

Brown & Co
Tel: 01476 514450
James Cameron
james.cameron@brown-co.com
https://www.brown-co.com

EPC