5 Town Hall Street, DN31 1HN

5 Town Hall Street

Grimsby, DN31 1HN


Price   £115,000


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5 Town Hall Street

Grimsby

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  • Description

    The property comprises two-storey end terraced office premises with two independent accesses making them suitable for occupation by different parties. The property comprises three offices, reception, boardroom, kitchen and WC to the ground floor with three offices, WC and kitchenette to the first floor. Staff ancillary accommodation is provided to both floors and the offices are suitable for a variety of different uses.

  • Overview

    Two-storey office accommodation in a town centre location extending to approx. 117.4 sq m (1,264 sq ft) overall

    Comprising 6 offices and ancillary accommodation currently producing £11,466 p.a. gross

    Nearby occupiers include the Town Hall Municipal Offices, Combined Court Centre and numerous professional services companies

    Guide Price £115,000 (Reflecting a gross yield of 10.0%)

  • Location

    The town of Grimsby is located within North East Lincolnshire and has a population of approximately 88,250 (Source: Census 2011). Town Hall Street is widely considered to be the heart of the Central Business District in Grimsby and is in close proximity to the Town Hall Municipal Offices, Combined Court Centre and numerous professional services companies. Public transport links are excellent and the premises are within easy walking distance of car parks and other town centre facilities.

  • Accommodation

    In more detail the accommodation comprises:

    Ground Floor    
    Offices 49.1 sq m (529 sq ft)
    Ancillary 14.9 sq m (160 sq ft)
    First Floor    
    Offices 53.4 sq m (575 sq ft)

     

  • Disposal Terms

    The entire property is offered For Sale at a guide price of £115,000 subject to the active agreement.

    The premises are currently let on a flexible arrangement providing a gross income in the order of £11,466 p.a. Please however note that the landlord is currently responsible for the payment of Business Rates at the property.

  • Income

    The premises are currently let on a flexible arrangement providing a gross income in the order of £11,466 p.a.

  • Other Info

    RATEABLE VALUE

    The premises are listed within the Rating List as ‘Office & Premises’ with separate Rateable Values of £5,000 for the ground floor, £1,500 for the first floor front office and £1,650 for the remainder of the first floor (Source: VOA website). The occupier may be eligible for Small Business Rates Relief but should make contact with North East Lincolnshire Council for confirmation.

    ENERGY PERFORMANCE RATING: Awaiting Confirmation

Overview
Description
Accommodation
Terms
Income
Other Info

Two-storey office accommodation in a town centre location extending to approx. 117.4 sq m (1,264 sq ft) overall

Comprising 6 offices and ancillary accommodation currently producing £11,466 p.a. gross

Nearby occupiers include the Town Hall Municipal Offices, Combined Court Centre and numerous professional services companies

Guide Price £115,000 (Reflecting a gross yield of 10.0%)

The property comprises two-storey end terraced office premises with two independent accesses making them suitable for occupation by different parties. The property comprises three offices, reception, boardroom, kitchen and WC to the ground floor with three offices, WC and kitchenette to the first floor. Staff ancillary accommodation is provided to both floors and the offices are suitable for a variety of different uses.

In more detail the accommodation comprises:

Ground Floor    
Offices 49.1 sq m (529 sq ft)
Ancillary 14.9 sq m (160 sq ft)
First Floor    
Offices 53.4 sq m (575 sq ft)

 

The entire property is offered For Sale at a guide price of £115,000 subject to the active agreement.

The premises are currently let on a flexible arrangement providing a gross income in the order of £11,466 p.a. Please however note that the landlord is currently responsible for the payment of Business Rates at the property.

The premises are currently let on a flexible arrangement providing a gross income in the order of £11,466 p.a.

RATEABLE VALUE

The premises are listed within the Rating List as ‘Office & Premises’ with separate Rateable Values of £5,000 for the ground floor, £1,500 for the first floor front office and £1,650 for the remainder of the first floor (Source: VOA website). The occupier may be eligible for Small Business Rates Relief but should make contact with North East Lincolnshire Council for confirmation.

ENERGY PERFORMANCE RATING: Awaiting Confirmation

5 Town Hall Street

Grimsby , DN31 1HN


The town of Grimsby is located within North East Lincolnshire and has a population of approximately 88,250 (Source: Census 2011). Town Hall Street is widely considered to be the heart of the Central Business District in Grimsby and is in close proximity to the Town Hall Municipal Offices, Combined Court Centre and numerous professional services companies. Public transport links are excellent and the premises are within easy walking distance of car parks and other town centre facilities.

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