Summary - SHOE ZONE, 17, WIDE BARGATE PE21 6SR
1 bed 1 bath Commercial Property
### Standout Features:
- **High Footfall Location**: Positioned in the primary shopping area of Boston Town Centre, near major retailers.
- **Retail Investment**: Currently leased to Ladbrokes with a substantial rental income of £22,000/year.
- **Potential for Expansion**: Positive pre-application advice received for a single-storey residential extension.
- **Versatile Space**: Total retail area of 1356 sq.ft (126.06 sq.m), including multiple retail zones and staff facilities.
- **Excellent Accessibility**: Close proximity to public transport links, parking, and amenities.
### Summary:
Discover an exceptional opportunity in the bustling center of Boston with this prime retail property located at 17A Wide Bargate. Encompassing over 1356 sq.ft, this end terrace unit enjoys high visibility alongside popular retailers such as Shoe Zone and Next, making it an ideal investment for those seeking retail development in a vibrant commercial area. The property currently boasts a 5-year lease to Ladbrokes, generating £22,000 annually, catering to both pedestrian and motorist traffic.
What's more, the property has received encouraging pre-application advice for an additional residential extension, opening doors for potential future revenue expansion. The premises benefits from public conveniences and staff facilities, ensuring a smooth operation for a variety of retail businesses. However, it is essential to note that the area's high crime rate and the building’s older construction may require consideration for thorough maintenance or upgrades.
With a fast broadband speed and excellent mobile signal, this location is also conducive for modern business needs. Don’t miss your chance to acquire a valuable retail asset in a rapidly developing area—explore the endless possibilities today!
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