39 Ladysmith Road, DN32 9EG

39 Ladysmith Road

Grimsby, DN32 9EG


Price   £125,000


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39 Ladysmith Road

Grimsby

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  • Description

    The property comprises two storey end-terraced mixed use premises, comprising ground floor retail accommodation with a separately accessed two bedroomed flat above. The retail accommodation is well maintained and comprises a sales area to the front, storage accommodation in the centre and staff facilities to the rear. The flat additionally comprises a lounge, kitchen and bathroom. To the rear and predominantly accessed via Julian Street is a detached two storey store with twin loading doors secured by external shutters.

    The entire property is currently let, with the ground floor having a lease that expires in 2020 and the flat by way of an assured tenancy, currently generating a combined income of £12,240 per annum. Copies of both agreements will be made available to bona fide interested parties.

  • Overview

    Two storey mixed use premises with two storey detached store to the rear

    Accommodation extending to approximately 209.7 sq m (2,257 sq ft) overall

    Ground floor retail premises with ancillary accommodation to the rear

    Separately accessed two bedroomed first floor flat

    Generating an income of £12,240 p.a.

  • Location

    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. Within this context, the property is situated on the eastern side of Ladysmith Road, at its junction with Julian Street, approximately 0.7 miles to the south east of Grimsby town centre. The locality predominantly comprises residential premises, although a number of other suburban retail premises are located nearby.

  • Accommodation

    In more detail the accommodation comprises

    Ground Floor    
    Retail 62.8 sq m (676 sq ft)
    Ancillary 11.3 sq m (121 sq ft)
    First Floor    
    Residential 55.3 sq m (595 sq ft)
    External    
    Store 80.3 sq m (864 sq ft)
  • Disposal Terms

    The premises are offered For Sale at a guide price of £125,000.

  • Other Info

    RATEABLE VALUE
    The new occupier will be responsible for the payment of Business Rates at the property. The commercial element of the premises are listed within the Rating List as ‘Shop & Premises’ with a Rateable Value of £3,800 (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.

    The residential element has a Council Tax band rating of ‘A’.

    ENERGY PERFORMANCE RATING: C

Overview
Description
Accommodation
Terms
Other Info

Two storey mixed use premises with two storey detached store to the rear

Accommodation extending to approximately 209.7 sq m (2,257 sq ft) overall

Ground floor retail premises with ancillary accommodation to the rear

Separately accessed two bedroomed first floor flat

Generating an income of £12,240 p.a.

The property comprises two storey end-terraced mixed use premises, comprising ground floor retail accommodation with a separately accessed two bedroomed flat above. The retail accommodation is well maintained and comprises a sales area to the front, storage accommodation in the centre and staff facilities to the rear. The flat additionally comprises a lounge, kitchen and bathroom. To the rear and predominantly accessed via Julian Street is a detached two storey store with twin loading doors secured by external shutters.

The entire property is currently let, with the ground floor having a lease that expires in 2020 and the flat by way of an assured tenancy, currently generating a combined income of £12,240 per annum. Copies of both agreements will be made available to bona fide interested parties.

In more detail the accommodation comprises

Ground Floor    
Retail 62.8 sq m (676 sq ft)
Ancillary 11.3 sq m (121 sq ft)
First Floor    
Residential 55.3 sq m (595 sq ft)
External    
Store 80.3 sq m (864 sq ft)

The premises are offered For Sale at a guide price of £125,000.

RATEABLE VALUE
The new occupier will be responsible for the payment of Business Rates at the property. The commercial element of the premises are listed within the Rating List as ‘Shop & Premises’ with a Rateable Value of £3,800 (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.

The residential element has a Council Tax band rating of ‘A’.

ENERGY PERFORMANCE RATING: C

39 Ladysmith Road

Grimsby , DN32 9EG


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. Within this context, the property is situated on the eastern side of Ladysmith Road, at its junction with Julian Street, approximately 0.7 miles to the south east of Grimsby town centre. The locality predominantly comprises residential premises, although a number of other suburban retail premises are located nearby.

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