116 Cromwell Road

Grimsby, DN31 2DF

Buy £80,000

Two storey retail premises

Approximately  87.2 sq. m (938 sq. ft) overall

Ground floor retail area & ancillary with first floor storage/office space

Return frontage.

Nearby occupiers include Lidl, John Roe Toyota, Betfred, Cooplands

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The town of Grimsby is located within North East Lincolnshire and has a population of approximately £88,000. The property is located on the northern side of Cromwell Road approximately ½ mile to the west of Grimsby town centre. Cromwell Road connects with the A1136 to the west which in turn links with the A180 and national road network. This end-terrace retail premises is located on a corner plot in an established and popular retail area which comprises a ground floor retail space to the front with ancillary accommodation to the rear while the first floor provides storage/office accommodation.

Description

The configuration of the property lends itself to a number of uses while the property has previously had planning permission to alter the use to that of a restaurant.

Nearby occupiers include a Lidl supermarket Jet petrol station, Tesco express, Betfred and Cooplands bakery together with a variety of other local retailers.

Accommodation

Ground Retail 32.8 sq m (353 sq ft)

Ground Ancillary 14.4 sq m (155 sq ft)

First Office/Storage 40.0 sq m (430 sq ft)

Terms

The premises are offered For Sale at a guide price of £80,000.

Rateable Value

The new occupier will be responsible for the payment of Business Rates at the property.  The premises are listed within the Rating List as ‘Shop & Premises’ with a Rateable Value of £6,800 (Source VOA website), although the premises will require reassessment should a change of use take place.  The new occupier may be eligible for Small Business Rates Relief but should make contact with North East Lincolnshire Council for confirmation.

Property Enquiry

116 Cromwell Road

116 Cromwell Road