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Auction Property

Car Park to the rear of New England Hotel, Wide Bargate, Boston, Lincolnshire, PE21 6SH

Unsold, the last bid was £420,000. Please refer to Auctioneer for Reserve


Large town centre car park providing approximately 99 spaces which is laid to tarmac and controlled by an electronic entry and exit system. 96 of the spaces are let under licence producing an annual income of approximately £34,000, made up as follows:- 45 private x £450 p.a. = £20,250 1 x concession staff x £360 p.a. = £360 41 staff x £321.62 p.a. = £13,186.42 1 ex-staff x £332 p.a. = £332 8 staff free of charge 3 spaces for maintenance/security Total annual income £34,128.42 (inc. VAT) Potential exists to increase the income for the site and to increase the number of spaces available. Redevelopment of the site is possible, subject to the necessary consents being obtained.


Boston is a thriving market town which is located approximately 100 miles north of London. It has a wide and varied range of shopping facilities and leisure amenities with a population of around 66,000.


From the A16 roundabout proceed into the town along Wide Bargate. At the traffic lights turn left, proceed for a short distance and at the crossroads turn left again. The car park will be found through the archway behind the New England Hotel. AGENT'S NOTE: VAT will be applicable on this purchase.


At any reasonable time during daylight hours.