Commercial Property for sale

Bethlehem Street, Grimsby

Guide Price 2,333 sq. ft. | £160,000

Property Description

Commercial information

  • 2,333 sq ft (216 sq m)

Key features

  • Prime Town Centre Investment
  • Two Retail Units
  • Producing An Annual Income of £16,500
  • Rear Unit (backing onto Railway station)
  • Offers Considered
  • Freehold

Full description

Tenure: Freehold

A retail investment opportunity located on the main thoroughfare of Bethlehem Street, Grimsby through the town centre and being opposite to St James Church. Having easy access to Grimsby Bus station and local railway station, Freshney Place shopping centre and all town centre amenities.

The investment comprises two tenanted unit on FRI lease terms - Tenant 1 is at a rent of £13,500 p.a,with terms to be confirmed and occupies an area of 2062 sq ft (191.7 sq m). Tenant two tenanted unit on FRI lease terms at a rent of £3,000 per annum, a new lease term is currently under negotiation.

• Investment opportunity
• Current income £16,500 per annum at a 10% yield
• Town Centre location
• Reduced by £30,000
• Main thoroughfare
• Established Trade Location
• F R I Lease
• Substantial rental income


The approximate accommodation comprises ground floor retail space with offices and first floor ancillary. To the rear of the property there is a recently refurbished unit, suitable for retail, showroom or small workshop space.

This Freehold investment is subject to contract. Excellent investment opportunities.

The asking price is £160,000

We are advised by North East Lincolnshire Council that the Rateable Value is £9,000 under the new 2010 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.

A copy of the EPC is available for inspection at the Agent’s offices. Below is the EPC graph for your information.




Nearest stations

  • Grimsby Town (0.0 mi)
  • Grimsby Docks (0.9 mi)
  • New Clee (1.4 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 Town (0.0 mi)
  • Grimsby Docks (0.9 mi)
  • New Clee (1.4 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 510405A_10405. 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.

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