Pescod Hall is a Grade II Listed 15th Century former merchant's house which was moved in 2003 to it's present site to fit in with the designs of the new square.
This is a unique and rare opportunity to acquire this landmark building situated in a prime location which would potentially be suitable for a variety of future uses.
Currently the premises is occupied by a tenant as a café/restaurant on a 12 year lease which commenced on 31st August 2018 at an annual rent of £16,200 plus VAT. There are break clauses every 3 years. This lease has yet to be registered with the Land Registry.
According to the Valuation Office website the property has a rateable value of £28,500 effective from 1st April 2017.
Boston is a busy market town and well-established commercial centre located approximately 100 miles north of London. The property is situated next to Oldrids Department Store and adjacent to Marks & Spencer and Pescod Square Shopping Centre.
Pescod Square is located just off Wide Bargate in Boston.
VAT is applicable to this lot.
Call us for viewing arrangements.
Chattertons (Attn Jonathan Blythe), 9 Broad Street, Stamford, Lincolnshire, PE9 1PY. Tel 01780 750664