3 - 5 Alexandra Road, DN31 1RD

3 - 5 Alexandra Road

Grimsby, DN31 1RD


Price   £125,000


Enquire about this property

Property Enquiry

397-050.JPG

3 - 5 Alexandra Road

Grimsby

×


  • Description

    The building itself comprises 2 former residential dwellings, which have been converted and altered over time to provide ground floor retail accommodation together with office and storage accommodation to the first floor. The property has been extended by way of a two-storey warehouse to the rear, whilst also benefitting from an enclosed yard area to the rear which can provide up to 4 car parking spaces.

    Internally, the ground floor provides well configured retail accommodation together with an ancillary office and staff WC with storage accommodation to the rear which can be accessed via the yard. The first floor can either be accessed via the ground floor retail accommodation or a separate access taken from Alexandra Road.

  • Overview

    Part let retail premises

    Well-configured accommodation with a storage warehouse to rear extending to c.143.9 sq m

    Ground floor let to Freshney Bed Centre on a new 7 year lease dated November 2015 at a rent of £10,500 p.a. with stepped rent reviews on a 3 yearly basis

    First floor office c.118.5 sq m - First floor has conversion potential subject to planning consents

  • Location

    The property occupies a prominent position fronting Alexandra Road, close to its junction with Frederick Ward Way which attracts a high volume of passing traffic, and is located a short distance to the rear of Freshney Place Shopping Centre.

  • Accommodation

    Ground floor

     

     

    Retail

    94.5 sq m (1,017 sq ft)

    Office

    4.5 sq m  (62 sq ft)

    Storage 

    43.7 sq m  
     

     

     

    First floor 

     

     

    Office/storage 

    118.5 sq m  
       

     

    Total

    261.2 sq m (2,824 sq ft)
  • Disposal Terms

    The ground floor is let on a new 7 year lease, currently and generating an income of £10,500 per annum subject to a stepped rent review on a 3 yearly basis with a roling 6 month mutual break option after year 3. Further details are available upon request.

    The premises are available For Sale at a quoting price of £125,000.

  • Other Info

    RATES

    The premises are currently entered in the Rating List as ‘Shop and Premises’ with a 2017 Rateable Value of £8,300 for the ground floor and £6,300 for the first.

    ENERGY PERFORMANCE RATING: F

Overview
Description
Accommodation
Terms
Other Info

Part let retail premises

Well-configured accommodation with a storage warehouse to rear extending to c.143.9 sq m

Ground floor let to Freshney Bed Centre on a new 7 year lease dated November 2015 at a rent of £10,500 p.a. with stepped rent reviews on a 3 yearly basis

First floor office c.118.5 sq m - First floor has conversion potential subject to planning consents

The building itself comprises 2 former residential dwellings, which have been converted and altered over time to provide ground floor retail accommodation together with office and storage accommodation to the first floor. The property has been extended by way of a two-storey warehouse to the rear, whilst also benefitting from an enclosed yard area to the rear which can provide up to 4 car parking spaces.

Internally, the ground floor provides well configured retail accommodation together with an ancillary office and staff WC with storage accommodation to the rear which can be accessed via the yard. The first floor can either be accessed via the ground floor retail accommodation or a separate access taken from Alexandra Road.

Ground floor

 

 

Retail

94.5 sq m (1,017 sq ft)

Office

4.5 sq m  (62 sq ft)

Storage 

43.7 sq m  
 

 

 

First floor 

 

 

Office/storage 

118.5 sq m  
   

 

Total

261.2 sq m (2,824 sq ft)

The ground floor is let on a new 7 year lease, currently and generating an income of £10,500 per annum subject to a stepped rent review on a 3 yearly basis with a roling 6 month mutual break option after year 3. Further details are available upon request.

The premises are available For Sale at a quoting price of £125,000.

RATES

The premises are currently entered in the Rating List as ‘Shop and Premises’ with a 2017 Rateable Value of £8,300 for the ground floor and £6,300 for the first.

ENERGY PERFORMANCE RATING: F

3 - 5 Alexandra Road

Grimsby , DN31 1RD


The property occupies a prominent position fronting Alexandra Road, close to its junction with Frederick Ward Way which attracts a high volume of passing traffic, and is located a short distance to the rear of Freshney Place Shopping Centre.

Can’t find the right property?

Contact us