33 Victoria Street, Grimsby
Guide Price
£120,000
£123.58 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
971 sq ft
90 sq m
- SECTOR
Commercial property for sale
Key features
- High Yielding Retail Investment
- Let to Coop Travel
- 10 Year Lease Expiring 09.12.2029
- 971 sq ft (90.20 sq m)
- High Footfall Pedestrianised Street
- Investment Let at £22,500 p.a. (18.75% GIY on Guide Price)
Description
The property comprises a high yielding retail investment occupying a high footfall pedestrianised pitch.
Arranged across ground floor only, the property is fully let to Lincolnshire Co-Operative Limited (t/a Coop Travel) on a 10 year lease expiring 09.12.2029 and paying £22,500 per annum.
The property occupies a prominent pitch with a frontage to Victoria Street, forming part of the retail heart of Grimsby characterised by a number of national occupiers including Subway, Greggs, Savers and McDonalds. Freshney Place Shopping Centre lies to the rear of the property with the nearby Brewery Street forming the principal point of access.
Please note, the freehold is available in the same auction and can be found on the Savills Auctions website.
Arranged across ground floor only, the property is fully let to Lincolnshire Co-Operative Limited (t/a Coop Travel) on a 10 year lease expiring 09.12.2029 and paying £22,500 per annum.
The property occupies a prominent pitch with a frontage to Victoria Street, forming part of the retail heart of Grimsby characterised by a number of national occupiers including Subway, Greggs, Savers and McDonalds. Freshney Place Shopping Centre lies to the rear of the property with the nearby Brewery Street forming the principal point of access.
Please note, the freehold is available in the same auction and can be found on the Savills Auctions website.
33 Victoria Street, Grimsby
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Grimsby Town Station0.1 miles
- Grimsby Docks Station0.7 miles
- New Clee Station1.3 miles
Notes
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Disclaimer - Property reference BE35005B-40CD-4339-B3FE-2F9F88484307. 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 Savills, Savills Auctions- 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.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Savills, Savills Auctions- Commercial on 020 3834 8097.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”
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