Summary - Wide Bargate, Boston PE21 6SR
1 bed 1 bath Commercial Property
Large two‑storey unit with strong central location and refurbishment upside.
- Large two‑storey town‑centre commercial building, c.1715 sq ft
- Ground‑floor open plan shop with glazed frontage onto Wide Bargate
- Five ground offices and two first‑floor offices; approx. 10 rooms
- Freehold sale; to be sold at auction, asking price £120,000
- Current rateable value £13,750 (from April 2023)
- Vacant and requires substantial refurbishment and services work
- Very high local crime and deprived area may affect lettability
- Excellent mobile signal and fast broadband; low flood risk
An extensive two‑storey town‑centre retail and office building offered freehold and being sold at auction. The property includes a glazed shopfront onto Wide Bargate, a large open‑plan ground floor and multiple separate offices across two levels, creating clear options for retail, office consolidation or conversion to mixed commercial/residential uses (subject to planning).
Priced at £120,000 and with a current rateable value of £13,750, this unit presents an entry‑level commercial acquisition in central Boston. Practical positives include off‑street parking nearby, excellent mobile reception and fast broadband — useful for modern occupiers or short‑term lettings. Flood risk is low and the building footprint (total area c.1715 sq ft) and room count (approx. 10 rooms) suit a range of operators.
The building is a refurbishment project. Internal finishes are largely stripped back with unfinished plaster, exposed concrete and services that may need reinstating. Significant remedial work, possible re‑wiring, and full redecoration will be required before re‑letting or occupation. The property is in a deprived area with very high local crime statistics, which will affect lettability and rental levels and should be factored into any valuation or business plan.
Location advantages include direct pedestrian frontage on a busy commercial street, proximity to parking, a weekly market and good public transport links. For investors or developers willing to undertake refurbishment, there is potential to increase rental income or resale value through reconfiguration, improved shopfront presentation, or change‑of‑use subject to planning and local market demand.
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