40-42 High Street, DN35 8JN

40-42 High Street

Cleethorpes, DN35 8JN


Rent   £25,000 p.a

Price   £250,000


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40-42 High Street

Cleethorpes

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  • Description

    The property comprises the ground floor of an end-terrace, three-storey mixed-use property, providing open plan retail accommodation to the front, with ancillary strong rooms, office, kitchen and staff facilities to the rear.  The property benefits from extensive glazed display windows and return frontage, which could be reconfigured to suit a variety of different uses if required (subject to the necessary planning consents).

    Nearby occupiers include Blow Abbott accountants, Boyes, Cleethorpes Post Office and a variety of other local retailers, service providers, licenced premises and takeaway operators.

  • Overview
    • Prominent ground floor retail premises within the town centre
    • Accommodation extending to approximately 164.7 sq m (1,771 sq ft) overall
    • Comprising open plan retail accommodation with ancillary facilities
    • Benefitting from an A2 planning consent
    • Close proximity to St Peters Avenue, Cleethorpes Seafront and local amenities
  • Location

    Cleethorpes is a popular town and tourist resort, forming part of a larger Grimsby and Cleethorpes conurbation.  The property is prominently situated on the corner of High Street and Cross Street, forming part of the primary leisure strip in Cleethorpes town centre, in close proximity to the Seafront, train station and Market Square.  High Street additionally forms part of the primary vehicular route from the national motorway network (via the A180) to the North and Central Promenades, accessed via Alexandra Road/Sea Road to the east.

    St Peter’s Avenue, considered to be the prime retailing area serving the town, runs perpendicular to High Street and provides the main retailing area serving the town, with national occupiers including Boots, Wilko’s, Sainsbury’s and Lloyds Bank being represented, in addition to other local and regional operators.

  • Accommodation

     

    In more detail the accommodation comprises

     

    Retail                                 91.7 sq m       (986 sq ft)

    Ancillary                            44.9 sq m       (484 sq ft)

    Strong Rooms                    29.8 sq m       (320 sq ft)

  • Disposal Terms

    The freehold premises are offered for sale at a guide price of £250,000.  It is understood that the residential accommodation on the upper floors have been sold on a long-leasehold basis.

    Alternately, the premises are offered To Let for a minimum term of years to be agreed on an effective full repairing and insuring basis at a guide rent of £25,000 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 ‘Bank & Premises’ with a Rateable Value of £18,000 (Source: VOA website), although the premises will require reassessment should a change of use take place.

    LEGAL COSTS

    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:  160 (G)

    FURTHER INFORMATION AND TO VIEW

    Contact:  Andrew Parker  andrew@scotts-property.co.uk  07525 813963 or Lawrence Brown  lawrence@scotts-property.co.uk  07710 312712

Overview
Description
Accommodation
Terms
Other Info
  • Prominent ground floor retail premises within the town centre
  • Accommodation extending to approximately 164.7 sq m (1,771 sq ft) overall
  • Comprising open plan retail accommodation with ancillary facilities
  • Benefitting from an A2 planning consent
  • Close proximity to St Peters Avenue, Cleethorpes Seafront and local amenities

The property comprises the ground floor of an end-terrace, three-storey mixed-use property, providing open plan retail accommodation to the front, with ancillary strong rooms, office, kitchen and staff facilities to the rear.  The property benefits from extensive glazed display windows and return frontage, which could be reconfigured to suit a variety of different uses if required (subject to the necessary planning consents).

Nearby occupiers include Blow Abbott accountants, Boyes, Cleethorpes Post Office and a variety of other local retailers, service providers, licenced premises and takeaway operators.

 

In more detail the accommodation comprises

 

Retail                                 91.7 sq m       (986 sq ft)

Ancillary                            44.9 sq m       (484 sq ft)

Strong Rooms                    29.8 sq m       (320 sq ft)

The freehold premises are offered for sale at a guide price of £250,000.  It is understood that the residential accommodation on the upper floors have been sold on a long-leasehold basis.

Alternately, the premises are offered To Let for a minimum term of years to be agreed on an effective full repairing and insuring basis at a guide rent of £25,000 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 ‘Bank & Premises’ with a Rateable Value of £18,000 (Source: VOA website), although the premises will require reassessment should a change of use take place.

LEGAL COSTS

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:  160 (G)

FURTHER INFORMATION AND TO VIEW

Contact:  Andrew Parker  andrew@scotts-property.co.uk  07525 813963 or Lawrence Brown  lawrence@scotts-property.co.uk  07710 312712

40-42 High Street

Cleethorpes , DN35 8JN


Cleethorpes is a popular town and tourist resort, forming part of a larger Grimsby and Cleethorpes conurbation.  The property is prominently situated on the corner of High Street and Cross Street, forming part of the primary leisure strip in Cleethorpes town centre, in close proximity to the Seafront, train station and Market Square.  High Street additionally forms part of the primary vehicular route from the national motorway network (via the A180) to the North and Central Promenades, accessed via Alexandra Road/Sea Road to the east.

St Peter’s Avenue, considered to be the prime retailing area serving the town, runs perpendicular to High Street and provides the main retailing area serving the town, with national occupiers including Boots, Wilko’s, Sainsbury’s and Lloyds Bank being represented, in addition to other local and regional operators.

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