1 bedroom retail property (high street) for sale

Freeman Street, Grimsby, Lincolnshire, DN32

622 sq. ft. | £90,000

Property Description

Commercial information

  • 622 sq ft (57 sq m)

Key features

  • Busy Mixed Use Shopping Parade
  • Established Newsagents Business Opportunity
  • First Floor Self Contained One Bedroomed Flat
  • New Ground Lease Negotiable
  • Including Business Interest, Fixtures, Fittings & SAV
  • Excellent Trading Position
  • Close By Traders Include Iceland & Heron Superstores, The Post Office As Well As Numerous Local Traders

Full description

Tenure: Leasehold

The subject property holds a prominent position located on the busy shopping area of Freeman Street, which runs between the Grimsby Fish Docks and the main Town Centre itself. Freeman Street is a well-established and busy shopping area of mixed use traders. Nearby occupiers include Wilkinson's, Iceland, Asda Superstore, Boyes, the famous Freeman Street Market as well as various local independent traders.


The former residential two storey brick built retail premises comprises a ground floor retail space with sales area and storage that has been converted to provide an established newsagents/general store including self-contained one bedroomed first floor living accommodation, accessed to the rear of the property.

The sale offers an excellent opportunity to purchase an established, successful business - accounts and inventory are available to interested parties upon request.

Accommodation
The approximate accommodation consists of:
Ground Floor
Sales Area 48.9 sq m (526 sq ft)
Store 8.9 sq m (96 sq ft)

First Floor
Lounge
Kitchen
Bedroom
Bathroom

Lease Terms
The property is held on a ground with the Enrolled Freeman at an annual rent of 45, expiring 2027. A new 115 year ground lease will be negotiable at the time of completion of the sale.

The property along with the business interest, fixtures, fittings and SAV is available For Sale with an asking price of 90,000


Each party will be responsible for their own reasonable legal fees as well as stamp duty and land
We are verbally advised by East Lindsey Council that the Rateable Value is 3,004 under the current assessment. Interested parties are advised to confirm this with the Local Authority. Rateable Values can change and the rates payable can vary due to changes in transitional relief.

Viewing
Strictly through sole agents, Lovelle Bacons LLP.

Lovelle Bacons
Contact: Lucy Croft
Tel: 01472 353436 Ext 302
Mbl: 07423 437186
E-mail: l.croft@lovellebacons.co.uk

EPC
To be confirmed


Nearest stations

  • Grimsby Docks (0.1 mi)
  • New Clee (0.6 mi)
  • Grimsby Town (0.8 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Lovelle Estate Agency, Grimsby -Commercial Sales

Hampton House Church Lane Grimsby DN31 1JR

01472 565036 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Grimsby Docks (0.1 mi)
  • New Clee (0.6 mi)
  • Grimsby Town (0.8 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Lovelle Estate Agency, Grimsby -Commercial Sales

Hampton House Church Lane Grimsby DN31 1JR

01472 565036 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 70Free. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Lovelle Estate Agency, Grimsby -Commercial Sales. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

* This is the maximum possible speed. Broadband speed may be lower at peak times and can be affected by a range of technical and environmental factors. The speed you receive where you live may be lower than that listed above. Fibre/cable services at your postcode are subject to availability. You can confirm availability on the provider's website. The information is provided and maintained by comparethemarket.com

Map data OpenStreetMap contributors.