Bowling Green Lane, DN32 9DE

Bowling Green Lane

Grimsby, DN32 9DE


Price   £425,000


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Bowling Green Lane

Grimsby

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  • Description

    The property consists of a former warehouse and ancillary accommodation over two floors with its main entrance doors to the western elevation although secondary access is available into the two ground floor units from the eastern elevation on Sheepfold Street. The property is mainly ‘L’ shaped and has a large tarmac surfaced car park area.

    The property has been divided to provide three separate letting units, two large trade counter stores to the ground floor and gym premises above.

  • Overview

    Businesses not affected

    Two showroom premises with gymnasium above

    Accommodation extending to approximately 1,567.7 sq m (16,889 sq ft) overall

    Producing an annual income of £40,000 

    Nearby occupiers include Halfords, B&Q and Gala Retail Park

  • Location

    The property is situated on Bowling Green Lane with a rear elevation onto Sheepfold Street at the junction with Pasture Street approximately ¼ mile east of Grimsby town centre. The area immediately surrounding the property is predominantly commercial with Halfords, B&Q and Gala Retail Park all in close proximity. Immediately to the north are a number of industrial premises with other properties in the area being predominantly residential.

  • Accommodation
    Unit Tenant Area (sq m) Area (sq ft) Lease Expiry Rent p.a. Comments
    1 Ellis Direct 423.7 4,559  2029  £15,000  5 yearly rent reviews – next due in 2019
    2 The Cop Shop 379.1 4,100   £15,000  Let on informal agreement
    3 Reshapers Health & Fitness 764.9  8,230   £10,000  Let on informal agreement
    Total 1,567.7  16,889      
  • Disposal Terms

    The premises are offered For Sale at a guide price of £425,000.

  • Other Info

    RATEABLE VALUE
    The occupants are responsible for the payment of Business Rates at the property. The premises are listed within the Rating
    List as:

    Unit 1 ‘Showroom & Premises’ with a Rateable Value of £17,250
    Unit 2 ‘Showroom & Premises’ with a Rateable Value of £15,000
    Unit 3 ‘Gymnasium & Premises’ with a Rateable Value of £8,600 (Source VOA website)

    ENERGY PERFORMANCE RATING: Awaiting Confirmation

Overview
Description
Accommodation
Terms
Other Info

Businesses not affected

Two showroom premises with gymnasium above

Accommodation extending to approximately 1,567.7 sq m (16,889 sq ft) overall

Producing an annual income of £40,000 

Nearby occupiers include Halfords, B&Q and Gala Retail Park

The property consists of a former warehouse and ancillary accommodation over two floors with its main entrance doors to the western elevation although secondary access is available into the two ground floor units from the eastern elevation on Sheepfold Street. The property is mainly ‘L’ shaped and has a large tarmac surfaced car park area.

The property has been divided to provide three separate letting units, two large trade counter stores to the ground floor and gym premises above.

Unit Tenant Area (sq m) Area (sq ft) Lease Expiry Rent p.a. Comments
1 Ellis Direct 423.7 4,559  2029  £15,000  5 yearly rent reviews – next due in 2019
2 The Cop Shop 379.1 4,100   £15,000  Let on informal agreement
3 Reshapers Health & Fitness 764.9  8,230   £10,000  Let on informal agreement
Total 1,567.7  16,889      

The premises are offered For Sale at a guide price of £425,000.

RATEABLE VALUE
The occupants are responsible for the payment of Business Rates at the property. The premises are listed within the Rating
List as:

Unit 1 ‘Showroom & Premises’ with a Rateable Value of £17,250
Unit 2 ‘Showroom & Premises’ with a Rateable Value of £15,000
Unit 3 ‘Gymnasium & Premises’ with a Rateable Value of £8,600 (Source VOA website)

ENERGY PERFORMANCE RATING: Awaiting Confirmation

Bowling Green Lane

Grimsby , DN32 9DE


The property is situated on Bowling Green Lane with a rear elevation onto Sheepfold Street at the junction with Pasture Street approximately ¼ mile east of Grimsby town centre. The area immediately surrounding the property is predominantly commercial with Halfords, B&Q and Gala Retail Park all in close proximity. Immediately to the north are a number of industrial premises with other properties in the area being predominantly residential.

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