26 bedroom Office in Boston

27-29 Wide Bargate , Boston, Lincolnshire PE21 6SW
  • Property Type: Office
  • Contract Type: Unconditional with Variable Fee

Guide Price* £275,000+ plus fees

Property Description

A substantial corner former office block located in a parade of retail units in the heart of the town centre of Boston. The property is Grade II Listed and has full planning permission for conversion to a 26 bedroom hotel and a restaurant. Planning permission was granted in July 2023- Ref B/22/0458. Full details can be found on Boston Borough Council website. The accommodation is arranged over 3 floor and once converted will offer 26 bedrooms all with private en-suite bathrooms, Hotel reception, Kitchen and Restaurant area. Please see floor plans for proposed layout. There is a large pay and display car park opposite. Situated in the heart of the Town Centre surrounded by a wealth of other amenities and excellent transport links. The property may offer scope for other uses such as HMO / Assisted living, Nursery, Dentist / Doctors etc (subject to permissions)

Ground Floor

Hotel Reception, Kitchen, Restaurant, Toilets, 7x En-Suite Bedrooms


First Floor

10x En-Suite Bedrooms


Second Floor

9x En-Suite Bedrooms


Tenure

Freehold


Auction Details: The sale of this property will take place on the stated date by way of Auction Event and is being sold as Unconditional with Variable Fee (England and Wales). Binding contracts of sale will be exchanged at the point of sale. All sales are subject to SDL Property Auctions’ Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law. Auction Deposit and Fees: The following deposits and non- refundable auctioneer’s fees apply:
  • 5% deposit (subject to a minimum of £5,000)
  • Buyer’s Fee of 4.8% of the purchase price for properties sold for up to £250,000, or 3.6% of the purchase price for properties sold for over £250,000 (in all cases, subject to a minimum of £6,000 inc. VAT). For worked examples please refer to the Auction Conduct Guide.
The Buyer’s Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property. There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding. Additional Information: For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions’ home page. This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties). Guide Price & Reserve Price Each property sold is subject to a Reserve Price. The Reserve Price will be within + or – 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.