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
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.