Olympia Building Saxon Court, Europa Business Park Grimsby Lincolnshire DN31 2UJ

  • Olympia Building<br>Saxon Court, Europa Business Park<br>Grimsby<br>Lincolnshire<br>DN31 2UJ

Olympia Building
Saxon Court, Europa Business Park
Grimsby
Lincolnshire
DN31 2UJ

Freehold Office Investment

  • Substantial two storey office building
  • Total Floor Area of approx. 788.40 sq m (8,484 sq ft)
  • Half let to Fortem Solutions on a new 5 year lease (subject to option)
  • Vacant Possession of 394.20 sq m (4,242 sq ft)
  • Site Area of 0.29 Ha (0.71 Acres)
  • Located within the well recognised Europa Business Park
  • Nearby occupiers include Premier Inn, Toolstation, Screwfix and East Midlands Ambulance Service
  • Lot
    18
  • Auction
    9th May 2024
  • Rent
    £40,000 per Annum Exclusive
  • Status
    Sold Prior
  • Price
     
  • Sector
    Office
  • Auction Venue
    Live Streamed Auction
  • On Behalf of Executors
Important Update
  • Expand
  • Photos
  • Map

Freehold Office Investment

  • Substantial two storey office building
  • Total Floor Area of approx. 788.40 sq m (8,484 sq ft)
  • Half let to Fortem Solutions on a new 5 year lease (subject to option)
  • Vacant Possession of 394.20 sq m (4,242 sq ft)
  • Site Area of 0.29 Ha (0.71 Acres)
  • Located within the well recognised Europa Business Park
  • Nearby occupiers include Premier Inn, Toolstation, Screwfix and East Midlands Ambulance Service
  • Lot 18
  • Auction 9th May 2024
  • Rent £40,000 per Annum Exclusive
  • Status Sold Prior
  • Price  
  • Sector
    Office
  • Auction Venue
    Live Streamed Auction
  • On Behalf of Executors

Property Information

Location
Miles
33 miles south-east of Kingston upon Hull, 35 miles north-east of Lincoln
Roads
A16, A180, M180
Rail
Grimsby Railway Station
Air
Humberside Airport
Situation

Grimsby, with a resident population of circa 100,000, is a well established commercial centre for North East Lincolnshire and also providing a major fishing port. The town is well situated with road connections to the A180/M180 which in turn provides access to the M18, the Humber Bridge and Humberside International Airport.

The property is located in Saxon Court, within the well established Europa Park situated just off the A180. Nearby occupiers include Premier Inn, Toolstation, Screwfix and East Midlands Ambulance Service.

Tenure

Freehold.

Location
Miles
33 miles south-east of Kingston upon Hull, 35 miles north-east of Lincoln
Roads
A16, A180, M180
Rail
Grimsby Railway Station
Air
Humberside Airport
Situation

Grimsby, with a resident population of circa 100,000, is a well established commercial centre for North East Lincolnshire and also providing a major fishing port. The town is well situated with road connections to the A180/M180 which in turn provides access to the M18, the Humber Bridge and Humberside International Airport.

The property is located in Saxon Court, within the well established Europa Park situated just off the A180. Nearby occupiers include Premier Inn, Toolstation, Screwfix and East Midlands Ambulance Service.

Tenure

Freehold.

Description

The property comprises a substantial office building of approximately 788.40 sq m (8,484 sq ft) together with approximately 38 car parking spaces, all arranged on a total site area of 0.29 Ha (0.71 Acres).

VAT

VAT is 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 substantial office building of approximately 788.40 sq m (8,484 sq ft) together with approximately 38 car parking spaces, all arranged on a total site area of 0.29 Ha (0.71 Acres).

VAT

VAT is 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

Floor Use Floor Areas
Approx sq m
Floor Areas
Approx sq ft
Tenant Term Rent p.a.x.
Ground
First
Office
Office
196.90
197.30
(2,119)
(2,123)
FORTEM SOLUTIONS LTD
(1)
5 years from 20/11/2023
(2)
£40,000
Ground
First
Office
Office
196.90
197.30
(2,119)
(2,123)
VACANT POSSESSION    
Total  
788.40
(8,484)
(3)
   
£40,000

(1) Fortem Solutions was established in 2002 and provide specialist property solutions tailored to keep homes and buildings running smoothly, delivering a range of internal and external repairs 24/7 as well as high quality voids, planned installations and gas services (www.fortem.co.uk). For the year ending 31/12/2022 Fortem Solutions Ltd reported a Turnover of £132,791,065, a Pre-Tax Profit of £173,283 and a Net Worth of £7,381,435 (NorthRow 16/04/2024).
(2) The lease provides for a tenant's option to determine the lease on 19/11/2026 upon serving 6 months prior written notice.
(3) The floor areas stated above are those published by the Valuation Office Agency (www.voa.gov.uk).

If you are the successful bidder, Acuitus requires a separate payment of £1,250+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.

Property Documents

  • Brochure
    Updated Date
    10.05.24
    File Size
    4 MB
    View PDF
  • Common Auction conditions
    Updated Date
    20.05.24
    File Size
    620 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF

Contacts

Acuitus
Jon SkerryJon Skerry +44 (0)20 7034 4863 +44 (0)7736 300 594jon.skerry@acuitus.co.uk
Alexander AuteracAlexander Auterac +44 (0)20 7034 4859 +44 (0)7713 135 034alexander.auterac@acuitus.co.uk
Seller's Solicitors
Williamsons Solicitors 45 Lowgate
Hull
HU1 1EN
Andrew Cooney 01482 323 697andrew.cooney@williamsons.co.uk

Useful Links

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

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