Terraced house · PE21 6UF
To rentListed 7 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An exciting opportunity to lease a spacious 1,400 sq ft hair salon unit, ideally positioned on the 2nd floor of Rebos department store, directly adjacent to the kids' play area and restaurant—perfect for attracting consistent footfall and family-oriented clientele.
The unit features a bright, open-plan layout with ample room for styling stations, wash basins, a reception area, and retail displays.
Plumbing and electrical infrastructure are already in place, allowing for a quick and cost-effective setup.
Location Rebos occupies a prime trading position in the retail core and pedestrianised section of Strait Bargate, together with a host of national operators surrounding the building and a multi storey car park adjoining for ease of access.Boston is a growing East Lincolnshire Market Town providing the main retail and commercial facilities for both the town residents and surrounding extensive agricultural based catchment.
It has a residential population of circa 60,000 and a catchment population of approximately 68,000. The town is located about 35 miles south east of Lincoln and 33 miles north east of Peterborough.
WHAT'S ON OFFER An exciting opportunity to lease a spacious 1,400 sq ft hair salon unit, ideally positioned on the 2nd floor of Rebos department store, directly adjacent to the kids' play area and restaurant—perfect for attracting consistent footfall and family-oriented clientele.
The unit features a bright, open-plan layout with ample room for styling stations, wash basins, a reception area, and retail displays.
Plumbing and electrical infrastructure are already in place, allowing for a quick and cost-effective setup.
SERVICES Pygott and Crone have been made aware that mains gas, water, electric are connected to the property. The services or installations have not been serviced or tested.
LEASE TERMS Each letting will be negotiated separately and flexible lease terms will be considered where appropriate. An equivalent to 3 months' rent may be required as part of the deposit.
RATES The rates liability will be shared between the occupiers on a proportionary basis. VAT VAT will be applicable where necessary.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About 11 Strait Bargate, Boston, Lincolnshire, PE21
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