Summary - CEX, 16, WIDE BARGATE PE21 6SR
1 bed 1 bath Office
**Standout Features:**
- First floor office accommodation totaling 86 sq m (925 sq ft)
- High ceilings and large room sizes ideal for conversion
- Chain free with 999 years remaining on lease
- Prime location along Wide Bargate near major retailers
- Development potential to convert to residential use (subject to consents)
- Excellent mobile signal and fast broadband speeds
- Currently vacant, generating an estimated rental value of £9,000 per annum with a gross initial yield of ~6.43%
**Property Summary:**
This expansive first-floor office space located on the bustling Wide Bargate in Boston, Lincolnshire, offers exceptional investment potential. With its high ceilings and thoughtful layout—including a reception area, conference room, kitchenette, and two WCs—this 925 sq ft property is primed for conversion into residential units, catering to the area’s demand for housing.
Ideal for investors looking to enhance their portfolio or first-time buyers seeking a project with compelling rental potential, this property benefits from a vibrant urban setting surrounded by well-known retailers like Santander and Argos. However, prospective buyers should note the area's very high crime rate and its classification as deprived.
With no chain involved and the possibility of altering the property's purpose, now is the perfect time to seize this unique opportunity in a rapidly evolving market. Don’t miss out on transforming this versatile space into a prime residential asset tailored to the growing population in Boston.
High street retail property for sale in Market Place, Boston, Lincolnshire, PE21 — £249,000 • 1 bed • 1 bath • 1858 ft²
Commercial development for sale in South Street, Boston, Lincolnshire, PE21 6HT, PE21 — £200,000 • 1 bed • 1 bath • 3165 ft²
Residential development for sale in Pen Street, Boston, PE21 — £139,950 • 1 bed • 1 bath • 354 ft²
Residential development for sale in Strait Bargate, Boston, Lincolnshire, PE21 6LW, PE21 — £150,000 • 1 bed • 1 bath • 2500 ft²
Commercial property for sale in Pen Street, Boston, PE21 — £149,950 • 1 bed • 1 bath • 1604 ft²
Commercial property for sale in West Street, Boston, PE21 — £124,950 • 1 bed • 1 bath • 1405 ft²
