40/40A Victoria Street, DN31 1DG

40/40A Victoria Street

Grimsby, DN31 1DG


Rent   £30,000 p.a

Price   £300,000


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40/40A Victoria Street

Grimsby

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  • Description

    The property is located on the southern side of a pedestrianised Victoria Street West, close to the prime retail pitch in the town centre. Internally, the property comprises a retail area incorporating a currency desk, two offices and a small store to the ground floor, with a large storage area, kitchen and x2 WCs to the first floor.

    The property comprises of a two-storey end-terrace retail premises, currently configured to provide retail accommodation with some ancillary accommodation at the rear on the ground floor and ancillary accommodation to the first floor.

    Nearby occupiers include the Bodyshop, McDonalds and Barclays Bank

  • Overview

    Two-storey town centre retail premises

    Accommodation extending to approximately 188.9 sq m (2,033 sq ft) overall

    Potential open plan sale area

    Return frontage

    Nearby occupiers include the Bodyshop, McDonalds and Barclays Bank

  • 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. 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.

  • Accommodation

    In more detail the accommodation comprises

    Ground - Retail                   76.9   sq m           (828  sq ft)

    Ground - Ancillary               25.1   sq m           (270  sq ft)

    First - Ancillary                    86.9   sq m           (935  sq ft)

    ITZA                                   58.5   sq m           (630  sq ft)

  • Disposal Terms

    The premises are offered For Sale at a guide price of £300,000 or To Let for a minimum term of years to be agreed on a full repairing and insuring basis at a guide rent of £30,000 per annum.

  • Other Info

    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 £35,250 (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.

    LEGAL COSTS

    In the event of a freehold sale then each party will be responsible for their own legal costs incurred together with any Stamp Duty Land Tax that may be payable.

    The ingoing Tenant will be responsible for all parties reasonable legal fees incurred in this transaction, together with any Stamp Duty Land Tax that may be payable.

    ENERGY PERFORMANCE RATING:  D

    FURTHER INFORMATION AND TO VIEW

    Contact     Lawrence Brown        lawrence@scotts-property.co.uk           07710 312712

    Contact     Kerry Burnett-Cox      kerry@scotts-property.co.uk                07749 725316

Overview
Description
Accommodation
Terms
Other Info

Two-storey town centre retail premises

Accommodation extending to approximately 188.9 sq m (2,033 sq ft) overall

Potential open plan sale area

Return frontage

Nearby occupiers include the Bodyshop, McDonalds and Barclays Bank

The property is located on the southern side of a pedestrianised Victoria Street West, close to the prime retail pitch in the town centre. Internally, the property comprises a retail area incorporating a currency desk, two offices and a small store to the ground floor, with a large storage area, kitchen and x2 WCs to the first floor.

The property comprises of a two-storey end-terrace retail premises, currently configured to provide retail accommodation with some ancillary accommodation at the rear on the ground floor and ancillary accommodation to the first floor.

Nearby occupiers include the Bodyshop, McDonalds and Barclays Bank

In more detail the accommodation comprises

Ground - Retail                   76.9   sq m           (828  sq ft)

Ground - Ancillary               25.1   sq m           (270  sq ft)

First - Ancillary                    86.9   sq m           (935  sq ft)

ITZA                                   58.5   sq m           (630  sq ft)

The premises are offered For Sale at a guide price of £300,000 or To Let for a minimum term of years to be agreed on a full repairing and insuring basis at a guide rent of £30,000 per annum.

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 £35,250 (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.

LEGAL COSTS

In the event of a freehold sale then each party will be responsible for their own legal costs incurred together with any Stamp Duty Land Tax that may be payable.

The ingoing Tenant will be responsible for all parties reasonable legal fees incurred in this transaction, together with any Stamp Duty Land Tax that may be payable.

ENERGY PERFORMANCE RATING:  D

FURTHER INFORMATION AND TO VIEW

Contact     Lawrence Brown        lawrence@scotts-property.co.uk           07710 312712

Contact     Kerry Burnett-Cox      kerry@scotts-property.co.uk                07749 725316

40/40A Victoria Street

Grimsby , DN31 1DG


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.

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