337 - 359, Cleethorpe Road, Grimsby, Lincolnshire, DN31 3BP

Location

Grimsby is the main commercial centre for North East Lincolnshire and is the administrative centre for the Borough. The town has a resident population of over 86,000 although it benefits from a much larger surrounding catchment. Grimsby is ideally situated with road connections to the A180 which in turn provides access to the M180, The Humber Bridge and also to Humberside International Airport which is located approximately 14 miles to the south west.

Grimsby is one of the largest ports in the country and is situated on the south bank of the Humber Estuary, the UK's largest port complex with an average of 40,000 ship movements every year. It is one of the principal ports that forms part of Humber Freeport. Strategically located on England's east coast, the Humber is almost equidistant between London and Edinburgh and boasts prime connections to the UK, Europe, and globally, and is the UK's busiest port complex, facilitating international trade and investment and providing easy access to the consumer market. The iconic Humber Bridge - once the longest suspension bridge in the world - connects the north and south banks of the Humber.

The property is located on the north side of Cleethorpe Road (A180) which is the main arterial road between Grimsby and Cleethorpes and also provides access to Grimsby Docks and the M180/national motorway network.

Nearby occupiers include Aldi, Ramsdens Home Interiors, Heron Foods, McDonalds, Starbucks, and Robspeed Yamaha.

Description

The property comprises a former motor dealership of steel portal frame construction which has been subsequently sub-divided to provide two separate self-contained units, served by a tarmacadam surfaced car park and yard area enclosed by a metal palisade fence.

Tenure Comments

The subjects are held under a ground lease from North East Lincolnshire Borough Council at a passing rent of £10,000 per annum. The lease is for a period of 125 years, expiring on 17th July 2145. The lease incorporates 10 yearly reviews.