Light industrial for sale

Marsh Lane, Boston PE21

Location...
The market town of Boston is located on the South Lincolnshire Fens approximately 115 miles to the north of London and has a population of around 73,000 residents, a strong retail offering, good sporting facilities, a number of well-regarded schools, twice weekly market and a port.

The property is located to the south of the town on the Marsh Lane Industrial Estate close to the entrance with the main A16 trunk road connecting Boston to Peterborough and the A1 trunk road.

The site is located on the main Riverside Industrial Estate off Marsh Lane.

Description...
The site comprises modern industrial warehouse buildings with parking and undeveloped parcels of land.

The building comprises 2 units, the front unit is let to Motor Parts Direct on Full Repairing and Insuring terms on a 10-year lease dated April 2022.
The rear unit being let to C F Parkinson Technology who are expanding and will vacate the building at the end of Q1 2025.

Front Unit - Motor Parts Direct
This is a steel framed building with a customer reception area, production space and offices with retail shop, production storage area.

Schedule of Accommodation

Production Storage Area
944m2
10,160ft2
Ancillary Accommodation
25m2
270ft2
Offices Net
44m2
475ft2
Total
1,014m2
10,900ft2

Rear Unit – C F Parkinson
This comprises a modern production facility with offices, steel framed construction.

Schedule of Accommodation

Production Storage Area
1,195m2
12,816ft2
Canteen
140m2
1,510ft2
Offices Net
274m2
2,950ft2
Mezzanine Storage
482m2
5185ft2
Footprint
1,650m2
17,760ft2

The site extends to 2.17 acres and includes undeveloped parcels and parking with a communal road leading to the rear.

Tenure...
The property is available freehold subject to an occupational lease by Motor Parts Direct Limited and the remains of the occupancy of C F Parkinson who are hoping to vacate the site at the end of Q1 2025. The passing rent is £85,000 pa with an erv of £160,000 pa excluding the potential income for the additional land.

EPC...
Where required, EPCs will be available on request.

Agents Note…
Additional land extending to a further 3 acres is available to the rear of the site by separate negotiation. Please enquire for further information.

Viewing...
All viewings are to be made by appointment through the agent. Poyntons Consultancy.