Development Opportunity, Town Centre Location
4 Storey Building
Total Accommodation 844.8 sq m (9,093 sq ft)
Plus c.30 Car Parking Spaces
Part Income Producing
St James House is situated in the heart of Grimsby Town Centre overlooking the Grimsby Minster and forming part of St James Square. The area surrounding the property has recently seen substantial regeneration including the reshaping and remodelling of St James Square and there are proposals to redevelop the nearby Market Hall and part of the Freshney Place Shopping Centre to provide a new cinema, market hall, shops and restaurants.
The premises have offices on the ground, first and second floors whilst the third floor was previously utilised as a flat. Car parking for approximately 30 vehicles is available with access from Cartergate.
The building is currently unoccupied but the second floor offices are let to North East Lincolnshire Council at a fixed rent of £100 per annum, the lease expires in 2032.
The property offers an ideal development opportunity. Potential exists for the creation of ground floor retail/restaurant units, reinstatement of the offices to the upper floors or a wholesale conversion to residential accommodation.
Total Accommodation 844.8 sq m (9,093 sq ft)
Interested parties should discuss opportunities and disposal terms.
ENERGY PERFORMANCE RATING: To be confirmed
RATEABLE VALUE
The nature of the property is such that it will require reassessment for rating purposes dependent upon proposed uses and development proposals etc.
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