Property overview

Lister Way Trade Park, Lister Way, Boston, PE21 8LF

exchanged

Make an enquiry
£1,467,000
Oct 2019

Hawkstone Properties, represented by FSP, has exchanged contracts with a private investor,  on the forward funding of a new two unit trade counter scheme on Lister Way in Boston.

Construction on the units has commenced with practical completion expected in November 2020.

The units are pre-let to Formula One Auto Centres and Toolstation with a total income of £90,300 per annum.

The development funding sold for £1,467,000 which reflected a net initial yield of 5.80%.