Commercial Property for sale

Bethlehem Street, Grimsby

Guide Price £89,000
2,333 sq. ft.

Property Description

Commercial information

  • 2,333 sq ft (216 sq m)

Key features

  • Prime Town Centre Potential Investment/Development Opportunity
  • Two Retail Units
  • With First Floor Residential Development Potential, Subject To Enquiries
  • Rear Unit (backing onto Railway station)
  • Offer In The Region Of 89,000 (Recently reduced/all reasonable offers considered)
  • Freehold
  • Prominent Location
  • Excellent Rental Potential
  • Adjacent To The Town's Railway Station
  • Potential Annual Income of 10,500

Full description

Tenure: Freehold

A retail investment opportunity/ possible first floor residential conversion (subject to planning) 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 potential investment opportunity comprises two retail units with first floor office space, may suit residential conversion, subject to planning. One of the units is currently vacant with the second providing vacant possession January 2019, potential annual income of approximately £10,500, providing a 10% yield.

* Investment/Development opportunity
* Further Rental Potential
* Town Centre location
* Main thoroughfare
* Established Trade Location

The approximate accommodation comprises ground floor retail space, fronting Bethlehem Street (currently Vacant) with offices and first floor ancillary. To the rear of the property is a small retail unit, vacant possession from January 2019.

This Freehold investment is subject to contract with the recently reduced asking price in excess of £89,000 (all reasonable offers considered)

We are advised by North East Lincolnshire Council that the Rateable Value is £12,031 under the new 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.



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.

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