Commercial Property for sale

Gilbey Road, Grimsby, DN31

£550,000

Property Description

Key features

  • Multi Let Industrial Estate
  • Upto 16 units
  • Rental Income 64,415 pa
  • Yard Area
  • Potential for Redevelopment
  • EPC's Range from B-G

Full description

Tenure: Freehold

An excellent opportunity to purchase this multi Let Industrial Estate with 16 units which are all currently fully let, producing a rental income of £64,415.52 pa, all with yard areas. There is potential for redevelopment.



. 
An excellent opportunity to purchase this multi Let Industrial Estate with 16 units which are all currently fully let, producing a rental income of £64,415.52 pa, all with yard areas. There is potential for redevelopment.

LOCATION 
The property is situated on the Gilbey Road Industrial Estate situated within the established industrial estate on the outskirts of the town of Grimsby, surrounded by established industrial occupiers, running alongside the railway track.

ACCOMMODATION 
The site area extends to approx. 0.98 ha (2.42 acres). The accommodation more particularly comprises: Plot A - Workshop & Offices - 460 sq m Unit 1 7.64 plus x 6.89 m wide and a depth of 17.15 m with WC, kitchen Unit 1A We understand this to be approximately 185.80 sq m. However we could not obtain an inspection at the time of the visit. Building 2 Room 1 2.30 x 3.31 m Room 2 2.59 x 4.31 m Room 3 1.89 x 1.90 m Room 4 9.59 x 3.97 m max with WC and washbasin leading off. Building 3 – Constructed of brick under a pitched asbestos roof, metal trusses, measuring 7.14 x 30.18 m with offices, WC Building 4 – 11.55 x 6.30 m plus 9.22 x 13.32 plus 2.22 m with sliding door Building 5 – 3.24 x 9.78 plus 10.03 m plus 12.80 x 11.37 m Building 6 – 11.51 x 18.94 m Building 7 and 8 – 21.50 plus 8.19 x 8.99 m plus 8.51 x 5.12 m being a range of spray booths and workshop premises Building 9 – 11.46 x 5.46 m to 11.46 x 5.55 m Building 10A – 19.36 x 17.08 m avera (truncated)

EPC 
Unit 1 Rating G:152 Unit 1A Rating E:118 Unit 2 Rating G:319 Unit 3 Rating F:126 Unit 4 Rating E:124 Unit 5 Exempt as no heating Unit 6 Exempt as no heating Plot A Rating B:48 Units 7&8 Rating E:107 Unit 9 Rating D:83 Unit 11 Rating G:195 Unit 14 Exempt as no heating The full EPC and Recommendation Reports are available upon request.

CURRENT TENANTS 
Units 1, 2 & 3 WR Gaskets Units 4, 5 & 6 Baitbox Ltd Units 7 & 8 Spraymasters Ltd Unit 9 BMP Automotives Units 10a & 10b W West Units 11 & 12 M & K Rentals Unit 14 Site & Labour Services Unit 1a Smart Finish Plot A G Y Cars Individual rents available upon request.

SERVICES 
Mains electricity, water and drainage are connected to the property; however all prospective purchasers are advised to check upon the adequacy of these supplies for their own purposes. We understand that units 5, 6, 7 and 8, and numbers 9, 10, 11 and 12 have shared meters.

VAT 
VAT may be charged in addition to the purchase price at the prevailing rate.

VIEWING 
Viewing is strictly by appointment with the sole agents: Tel: 01522 536777 Contact: Jamie Thorpe - jthorpe@pygott-crone.com Rob Waterhouse - rwaterhouse@pygott-crone.com William Downing – wdowning@pygott-crone.com

More information from this agent

Nearest stations

  • Grimsby Town (0.8 mi)
  • Grimsby Docks (1.0 mi)
  • Great Coates (1.3 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Pygott & Crone, Lincoln - Commercial

36A Silver Street, Lincoln, LN2 1EW

01522 418155 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 (0.8 mi)
  • Grimsby Docks (1.0 mi)
  • Great Coates (1.3 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Pygott & Crone, Lincoln - Commercial

36A Silver Street, Lincoln, LN2 1EW

01522 418155 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 LNC160099. 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 Pygott & Crone, Lincoln - Commercial. 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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