154 Lord Street, Grimsby, Lincolnshire, DN31

Location:
The subject property is situated on the busy mixed-use location of Lord Street Grimsby, at the
junction of Arthur Street within close proximity to Grimsby town centre.

The ground floor, previously a bookmakers, is vacant. The first floor flat has been sold off on a long leasehold basis. The freehold of the entire building is available.

Proposal:
Guide Price: £50,000

Demise:
First Floor Flat - not inspected
Ground Floor 583sq.ft. 54.13sq.m.

Tenure:
Freehold with vacant possession of the ground floor shop unit. The first floor flat has been sold of
on a 999 year lease from 24th August 2007.

Business Rates:
The ground floor shop currently has a rateable value of £2,500. For further details visit Gov.uk or
contact the business rates department at the local authority.

From 1st April 2023 the 2023/24 retail, hospitality and leisure business rates relief scheme will provide occupied retail, hospitality and leisure properties with a 75% relief up to a cash cap limit of £110,000 per business. More detail including rules on eligibility can be found at Gov.uk.

EPC:
Energy Performance Asset Rating - C

Legal Costs:
Each party to be responsible for their own legal and professional costs incurred in this transaction.

VAT:
Unless otherwise stated, all prices/rents are quoted exclusive of VAT.

Date Prepared:
April 2023

Subject to Contract