237 - 239 Victor Street Grimsby North East Lincolnshire DN32 7QB

237 - 239 Victor Street
Grimsby
North East Lincolnshire
DN32 7QB

Freehold Retail Investment

  • Located in Lincolnshire’s largest town
  • Corner unit close to town centre
  • Nearby occupiers include William Hill, Cooperative Food Store and The Post Office
  • Rent £120 per annum exclusive with 643 sq ft Vacant Possession (1)
  • For the Seller's Legal Pack, please click the Property Documents tab below
  • Lot
    97
  • Auction
    7th July 2016
  • Rent
    £120 per Annum Exclusive
  • Status
    Sold
  • Price
    £21,000
  • Sector
    High Street Retail
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Squafre
    London W1H 7BG
Important Update
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* More information on the term "guide" can be found here

Freehold Retail Investment

  • Located in Lincolnshire’s largest town
  • Corner unit close to town centre
  • Nearby occupiers include William Hill, Cooperative Food Store and The Post Office
  • Rent £120 per annum exclusive with 643 sq ft Vacant Possession (1)
  • For the Seller's Legal Pack, please click the Property Documents tab below
  • Lot 97
  • Auction 7th July 2016
  • Rent
  • Status Sold
  • Price £21,000
  • Sector
    High Street Retail
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Squafre
    London W1H 7BG

Property Information

Location
Miles
28 miles east of Scunthorpe, 33 miles south-east of Hull, 77 miles east of Leeds
Roads
A16, A18, A180 (M180)
Rail
New Clee Rail, Grimsby Docks Rail
Air
Humberside Airport (14 miles)
Situation

Grimsby is a large town and sea port located in north east Lincolnshire. The property occupies a prominent corner pitch on Victor Street at its junction with Wellington Street in a predominantly residential area just a short distance from Grimsby Town Centre. Nearby occupiers include William Hill, Cooperative Food Store and The Post Office.

Tenure

Freehold.

Location
Miles
28 miles east of Scunthorpe, 33 miles south-east of Hull, 77 miles east of Leeds
Roads
A16, A18, A180 (M180)
Rail
New Clee Rail, Grimsby Docks Rail
Air
Humberside Airport (14 miles)
Situation

Grimsby is a large town and sea port located in north east Lincolnshire. The property occupies a prominent corner pitch on Victor Street at its junction with Wellington Street in a predominantly residential area just a short distance from Grimsby Town Centre. Nearby occupiers include William Hill, Cooperative Food Store and The Post Office.

Tenure

Freehold.

Description

The property comprises a double fronted corner retail unit with three residential flats on upper floors which are let on 99 year leases.

VAT

VAT is not applicable to this lot.

Completion Period

Six Week Completion

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

The property comprises a double fronted corner retail unit with three residential flats on upper floors which are let on 99 year leases.

VAT

VAT is not applicable to this lot.

Completion Period

Six Week Completion

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Unit Floor Use Floor Areas (Approx) Tenant Term Rent p.a.x Reversion
237-239 Ground Retail
59.79 sq m
(643 sq ft)
VACANT (1)      
179 First Residential
Not measured
INDIVIDUALS 99 years from
05/04/1989
£30 04/04/2088
179a Ground Residential
Not measured
INDIVIDUALS 99 years from
05/04/1989
£30 04/04/2088
181 First Residential
Not measured
INDIVIDUALS 99 years from
05/04/1989
£30 04/04/2088
181a Ground Residential
Not measured
INDIVIDUALS 99 years from
05/04/1989
£30 04/04/2088
Total Commercial Area    
59.79 sq m
(643 sq ft)
    £120

(1) The property is currently let to Vacant Space Management Limited by way of a licence at a nil rent with a rolling option to determine from either party subject to two weeks’ notice.
(2) The seller has served notices on the residential lessees under Section 5B of the Landlord and Tenant Act 1987.

Property Documents

  • Catalogue Page
    Updated Date
    30.10.19
    File Size
    850 KB
    View PDF
  • Site Plan
    Updated Date
    30.10.19
    File Size
    156 KB
    View PDF
  • Common Auction conditions
    Updated Date
    10.06.21
    File Size
    168 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF

Contacts

Seller's Solicitors
Eversheds LLP 1 Callaghan Square
Cardiff
CF10 5BT
029 2046 4347
David Farmer 029 2047 7887davidfarmer@eversheds.com

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

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