Commercial Property for sale

An exceptional freehold mixed-use investment opportunity situated in a highly connected, high-footfall location. This prominent property generates a combined annual income of £18,300. The asset features a secure ground-floor commercial premises alongside two independent, self-contained one-bedroom apartments above, complete with rare front parking.
Executive Summary - A valuable, freehold, mixed-use tenanted, Town Centre investment opportunity.
This highly desirable property produces an annual income of £18,300. The property is fully occupied by tenants.
The income is generated from £575pcm for the Commercial Shop, £470pcm for First Floor apartment and £480pcm for the Penthouse apartment. This three storey property comes complete with desirable front parking.
Location & Connectivity
.Transport Hubs: Positioned just minutes on foot from both Boston Railway Station and Boston Bus Station.
.Central Position: Right in the heart of Boston, close to local shops and restaurants.
.Convenience: Walking distance to schools, local services, and transport links.
.Ideal For: Buy-to-let investors looking for strong rental potential.
.Footfall: High-visibility positioning ensures continuous commercial exposure and steady residential demand.
Property Composition
.Ground Floor Commercial: Let on a rolling lease to an established bus company, offering a reliable commercial anchor tenant.
.Upper Floors Residential: Comprises two separate, self-contained 1-bedroom flats, perfectly suited for professionals, commuters requiring close transit links or retired customers requiring close access to Town Centre amenities.
.Exterior: Includes dedicated off-street parking spaces to the front of the property, a premium asset for town centre accommodation.
Investment Highlights
.Total Annual Income: £18,300 gross.
.Parking Advantage: Front parking enhances both commercial convenience and residential tenant retention.
.Diversified Risk: Balanced revenue split from both the commercial and residential sectors.
.Asset Management: Excellent potential for long-term capital growth and future rental optimization.
Accommodation -
Ground Floor Shop, 1 James Street - A lock up Retail Unit, approximately 307 sq ft, leased at £575 pcm to a local Bus Company, conveniently located to provide Rest Facilities for their drivers. The shop provides Retail Area, Store Room, Toilet and 2 car parking spaces. Rateable Value £6200.
First Floor Apartment, 1B James Street - A well presented flat comprising Entrance Hall, Front Lounge, Kitchen, Double Bedroom and Shower Room. Present tenancy since September 2015. Rent £470 pcm plus £30 a month for car park. The apartment has uPVC double glazed windows and a gas boiler for radiator heating. Total floor area approximately 312 sq ft (29 sq m). Council Tax band A.
Second Floor Apartment , 1A James Street - The penthouse flat, comprising Hallway, Living Room, Double Bedroom, Shower Room and Kitchen. Total Floor Area approximately 333.6 sq ft (31 sq m). Current tenancy since May 2021. Rent £480 pcm. The well presented apartment has a gas boiler for radiator heating and double glazed windows. Council tax band A.
Epc Ratings - The EPC Rating for 1 James Street is B.
The EPC Rating for 1B & 1A James Street is C.
Viewings - Strictly by appointment with the Selling Agent, Bruce Mather Ltd. Tel: 01205 365032.
Agent's Note - The interior photos were taken at the commencement of the tenancies.