Convamore Shopping Centre, 95-103 Convamore Road Grimsby Lincolnshire DN32 9ED

  • Convamore Shopping Centre, 95-103 Convamore Road<br>Grimsby<br>Lincolnshire<br>DN32 9ED

Convamore Shopping Centre, 95-103 Convamore Road
Grimsby
Lincolnshire
DN32 9ED

Freehold Retail Park Investment

  • Fully Let Retail Park
  • Providing a convenience store, fish & chip takeaway, barber's, a salon and 25 car parking spaces
  • Asset Management Opportunities
  • Total Site Area of approx. 0.33 Ha (0.81 Acres)
  • Approx. Floor Area of 758.06 sq m (8,158 sq ft)
  • Densely populated residential area
  • Lot
    17
  • Auction
    9th May 2024
  • Rent
    £52,650 per Annum Exclusive
  • Status
    Available
  • Guide*
    Contact Us
  • Sector
    High Street Retail
  • Auction Venue
    Live Streamed Auction
  • Expand
  • Photos
  • Map

Freehold Retail Park Investment

  • Fully Let Retail Park
  • Providing a convenience store, fish & chip takeaway, barber's, a salon and 25 car parking spaces
  • Asset Management Opportunities
  • Total Site Area of approx. 0.33 Ha (0.81 Acres)
  • Approx. Floor Area of 758.06 sq m (8,158 sq ft)
  • Densely populated residential area
  • Lot 17
  • Auction 9th May 2024
  • Rent £52,650 per Annum Exclusive
  • Status Available
  • Guide* Contact Us
  • Sector
    High Street Retail
  • Auction Venue
    Live Streamed Auction

Property Information

Location
Miles
33 miles south-east of Kingston upon Hull, 35 miles north-east of Lincoln
Roads
A16, A180, M180
Rail
Grimsby Town, Grimsby Docks, New Clee Railway Stations
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 on the west side of Convamore Road, in-between it's junctions with Wellington Street and Eleanor Street and conveniently situated to serve a densely populated residential area.

Tenure

Freehold.

Location
Miles
33 miles south-east of Kingston upon Hull, 35 miles north-east of Lincoln
Roads
A16, A180, M180
Rail
Grimsby Town, Grimsby Docks, New Clee Railway Stations
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 on the west side of Convamore Road, in-between it's junctions with Wellington Street and Eleanor Street and conveniently situated to serve a densely populated residential area.

Tenure

Freehold.

Description

The property comprises a retail park of 0.33 Ha (0.81 Acres) upon which sits a substantial detached single storey convenience store together with a terrace of three ground floor shops. The property benefits from approximately 25 car parking spaces.

VAT

VAT is applicable to this lot.

EPC

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

Description

The property comprises a retail park of 0.33 Ha (0.81 Acres) upon which sits a substantial detached single storey convenience store together with a terrace of three ground floor shops. The property benefits from approximately 25 car parking spaces.

VAT

VAT is applicable to this lot.

EPC

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

Tenancy & Accommodation

Address Floor Use Floor Areas
Approx sq m
Floor Areas
Approx sq ft
Tenant Term Rent p.a.x. Rent Review (Reversion)
95-103 Convamore Road Ground Convenience Store
587.15
(6,320)
GILL MARSH FORECOURTS LTD
t/a Spar
10 years from 18/06/2020
(1)
£27,500
18/06/2025
(17/06/2030)
Unit 1 Ground Retail
42.60
(458)
INDIVIDUAL 10 years from 09/02/2018
£7,150
09/02/2024
09/02/2027
(08/02/2028)
Unit 2&3 Ground Retail
85.82
(923)
THE GENTRY LOUNGE LTD and AN INDIVIDUAL 3 years from 02/11/2020
£10,000
 
Unit 4 Ground Retail
42.49
(457)
INDIVIDUAL 10 years from 25/04/2016
£8,000
(24/04/2026)
Total Approximate
Floor Area
   
758.06
(8,158)
(2)
   
£52,650
 

(1) The lease provides for a tenant option to determine the lease on 17/06/2025.
(2) 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

  • Solicitors Legal Pack
    Updated Date
    08.05.24
    File Size
    59 MB
    Login to View
  • Brochure
    Updated Date
    10.05.24
    File Size
    3 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
John MehtabJohn Mehtab +44 (0)20 7034 4855 +44 (0)7899 060 519john.mehtab@acuitus.co.uk
Edward MartinEdward Martin +44 (0)20 7034 4854 +44 (0)7478 673 535edward.martin@acuitus.co.uk
Seller's Solicitors
Blackstone Solicitors The Courtyard , 7 Francis Grove, Wimbledon
London
London
SW19 4DW
Fraz Hussain 020 8971 9520f.hussain@blackstonesolicitors.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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