MapGuide price
£210,000Property for sale
Wide Bargate, Boston PE21
Auction
Property
Features and description
- Tenure: Freehold
Guide Price £210,000 Plus Fees
For sale by unconditional online auction, registration is now open. 29/01/2025 10:00 29/01/2025 14:20
For sale by online auction on 29 January 2025
Bidding opens at 10:00am and closes from 12:00 noon
Commercial Investment Opportunity
10.71% Yield at the Guide Price
Ground Floor Returns £22,500
First Floor is Vacant
Potential to Develop the First Floor STPP
Great Location
Town & Country Property Auctions are pleased to present this high yielding two storey commercial investment opportunity located in the heart of Boston. The ground floor is currently returning £22,500 per annum which gives a 10.71% yield at the guide price, the lease expires on in October 2028. The first floor is currently vacant and offers the potential for further development subject to the relevant planning permissions and building regulations. Please see the legal pack for more information.
Tenure
Freehold
Terms
Legal Pack
To review the legal documents and to view the auction information click on the buttons at the bottom of this advert or visit our website tcpa.co.uk
UNCONDITIONAL LOT Exchange and administration fee information: (plus fees)
Buyers Administration Fee Applies upon the fall of the hammer, the Purchaser shall pay a 10% deposit (subject to minimum of £5,000, whichever is the greater) and a Buyers Administration Fee of £1200 + VAT and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated in the legal pack or on the sales details).
In addition to the purchase price, buyers may be required to pay additional fees, costs and charges - please refer to the legal pack.
Registration Process
To register to bid on the property, find the property on the Town & Country Property Auctions website. Click onto the property, follow the link to “Log in/ register to bid”. You will then be directed to create an auction passport account with our online-bidding platform provider Essential Information Group.
For sale by unconditional online auction, registration is now open. 29/01/2025 10:00 29/01/2025 14:20
For sale by online auction on 29 January 2025
Bidding opens at 10:00am and closes from 12:00 noon
Commercial Investment Opportunity
10.71% Yield at the Guide Price
Ground Floor Returns £22,500
First Floor is Vacant
Potential to Develop the First Floor STPP
Great Location
Town & Country Property Auctions are pleased to present this high yielding two storey commercial investment opportunity located in the heart of Boston. The ground floor is currently returning £22,500 per annum which gives a 10.71% yield at the guide price, the lease expires on in October 2028. The first floor is currently vacant and offers the potential for further development subject to the relevant planning permissions and building regulations. Please see the legal pack for more information.
Tenure
Freehold
Terms
Legal Pack
To review the legal documents and to view the auction information click on the buttons at the bottom of this advert or visit our website tcpa.co.uk
UNCONDITIONAL LOT Exchange and administration fee information: (plus fees)
Buyers Administration Fee Applies upon the fall of the hammer, the Purchaser shall pay a 10% deposit (subject to minimum of £5,000, whichever is the greater) and a Buyers Administration Fee of £1200 + VAT and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated in the legal pack or on the sales details).
In addition to the purchase price, buyers may be required to pay additional fees, costs and charges - please refer to the legal pack.
Registration Process
To register to bid on the property, find the property on the Town & Country Property Auctions website. Click onto the property, follow the link to “Log in/ register to bid”. You will then be directed to create an auction passport account with our online-bidding platform provider Essential Information Group.
About this agent
Town & Country Property Auctions - London
Dixcart House, Bourne Busines
Addlestone, Surrey
KT15 2LE
01932 688017Town & Country can trace their history back to the early building societies of the nineteenth century, and more latterly the Town & Country Building Society which was formed in 1974. Town & Country Estate Agents formed in 1991 gaining immediate success with a model putting customer service to the forefront. Following expansion over North Wales, North-West and Shropshire, estate agency headquarters were established in Chester City Centre in 2007. 2010 saw the establishment of Town & Country Property Auctions with expansion into the UK, Ireland and overseas in 2018. The continued growth of TCPA nationwide has facilitated a move to new prestigious premises at Regus House, Chester followed by the development of a new digital marketplace for property auctions, with the goal of providing an easy to use, transparent platform for auction buyers and sellers in the modern ag
