Units 1-4, Bellview Yard, Fen Road, Frampton West
£450,000
For Sale
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Property summary
For SaleCommercial Investment Property 3 buildings leased One vacant to be let 16676 sqft (1549.2 sqm) total space Total rental income £33,000 pax Potential income £48,000 pax CEPC range from B TO E Get in touch
More about the property
An excellent opportunity to purchase this commercial/industrial investment property. The site comprises 4 industrial units, with unit 1, 2 and 4 having been leased with unit 3 available to let. The site has a fully fenced and gated yard area.
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Location
The property is on the outskirts of Frampton which is a
village and civil parish in the Borough of
Boston, Lincolnshire. The village is situated
approximately 3 miles (5 km) south from the town of Boston and to the east (the seaward
side) of the A16, which runs along the townlands. The population of the civil parish at the 2011
census was 1,299.
The property is on the outskirts of Frampton which is a
village and civil parish in the Borough of
Boston, Lincolnshire. The village is situated
approximately 3 miles (5 km) south from the town of Boston and to the east (the seaward
side) of the A16, which runs along the townlands. The population of the civil parish at the 2011
census was 1,299.
ACCOMMODATION
The total area over 4 buildings is 16676 sqft (1549.2 sqm
The total area over 4 buildings is 16676 sqft (1549.2 sqm
PLANNING
The properties have established use as B1,B2,B8 which now fall with use class E
The properties have established use as B1,B2,B8 which now fall with use class E
SERVICES
Mains electricity, water and drainage are connected to the site
Mains electricity, water and drainage are connected to the site
TENURE
The property is being sold freehold subject to lease agreements in units 1,2 and 4 with unit 3 being vacant. The present rent being paid is £33,000 pax with a potential total rental income of £48,000 pax
The property is being sold freehold subject to lease agreements in units 1,2 and 4 with unit 3 being vacant. The present rent being paid is £33,000 pax with a potential total rental income of £48,000 pax
RATEABLE VALUE
Unit 1 = £7300
Unit 2 = £12,250
Unit 3 = £12,250
Unit 4 = no assessment
Unit 1 = £7300
Unit 2 = £12,250
Unit 3 = £12,250
Unit 4 = no assessment
CEPC
The property has the following ratings
Unit 1 = B-49
Unit 2 = E-123
Unit 3 = D-79
Unit 4 = C64
The property has the following ratings
Unit 1 = B-49
Unit 2 = E-123
Unit 3 = D-79
Unit 4 = C64
LEGAL COSTS
Each party are responsible for their own legal costs
Each party are responsible for their own legal costs
VAT
The property is not subject to VAT in the sale
The property is not subject to VAT in the sale
LOCAL AUTHORITY
Boston Borough Council
Municipal Buildings
West Street
Boston
PE21 8QR
Tel 01205 314200
Boston Borough Council
Municipal Buildings
West Street
Boston
PE21 8QR
Tel 01205 314200
VIEWINGS
Contact Pygott & Crone Commercial
Tel 01522 536777
Contact Pygott & Crone Commercial
Tel 01522 536777
