122 Cleethorpe Road

Grimsby, DN31 3HW

Buy £30,000

Ground floor retail premises extending to approximately 120.5 sq m (1,297 sq ft) overall

Comprising of retail area and ancillary accommodation

Benefiting high levels of passing traffic

Occupiers including Stevensons Furniture Centre, A P Robinson Accountant and Caxton Theatre are located nearby

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The town of Grimsby forms part of the larger Grimsby and Cleethorpes conurbation with a population of approximately 88,250. The town is situated approximately 27 miles east of Scunthorpe and 32 miles south-east of Kingston-Upon-Hull. In recent years, Grimsby has experienced considerable investment following the large offshore wind farm projects with further investment anticipated following the establishment of the Renewable Energy Centre at the Grimsby Institute for Further Education and proposed phase 2 of the Hornsea Project.

Description

The property is situated south side of Cleethorpe Road which forms an extension to the A180 main arterial road from Grimsby to Cleethorpes.  The property is situated close to Riby Square and the junction with Freeman Street in a busy retailing area.  Grimsby docks is located immediately to the North with a mix of commercial and residential buildings to the south.

Occupiers in the vicinity include a number of local retailers and Stevensons Furniture Centre, A P Robinson Accountant and Caxton Theatre are also located nearby.

The first floor flat has been sold on a long leasehold basis and a nominal ground rent is payable annually.

Accommodation

Ground Floor  
Retail Area57.1 sq m(615 sq ft)
Kitchen3.4 sq m(37 sq ft)
Store17.2 sq m(460 sq ft)
Store42.8 sq m(460 sq ft)

Terms

The premises are offered For Sale at a guide price of £30,000.

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 £3,600 (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.

ENERGY PERFORMANCE RATING:  To be confirmed

Property Enquiry

122 Cleethorpe Road

122 Cleethorpe Road