Naylors Gavin Black LLP, Newcastle Upon Tyne

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

£850,000

Size

9,590

Tenure

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EPC

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Parking

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Primary use
High street retail
Other use(s)
Land
Frontage
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No floor / site plan

Key features

  • Prime roadside investment let to Halfords Autocentres Ltd and St Andrew's Hospice Ltd
  • Prominent position on the A180
  • Substantial car parking
  • Total net rent of £67,000 pa
  • Offers sought in excess of £850,000 reflecting 7.47%

Description

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.
Naylors Gavin Black LLP, Newcastle Upon Tyne

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Brochure

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

NEAREST STATIONS

National Rail

New Clee Station

0.08 miles

National Rail

Grimsby Docks Station

0.68 miles

National Rail

Grimsby Town Station

1.29 miles

About Naylors Gavin Black LLP, Newcastle Upon Tyne

Naylors Gavin Black LLP, Newcastle Upon Tyne

We are Naylors - we bring Real Estate, Real Value - to the North East. We are the North East's largest independent commercial property consultancy based in Newcastle upon Tyne. We bring a fresh, dynamic approach to the property market striving to offer the best possible results for our clients.

With decades of market experience on our side, our advice is underpinned with a thorough understanding of the commercial property market from the inside out. Clients come to us for our knowledge and intuitive understanding of the region’s property sector, and we always deliver. Our solid reputation is built on the recommendation of happy clients.

You will find our straight forward, open and honest approach refreshing. Experts in our respective fields, we work together to provide a first-rate joined up service across all sectors and focus on building strong, lasting relationships with our clients. We are, above all, a people business – our client’s needs are of the first and utmost importance.

At Naylors we believe that people who are specialists give the best advice. That’s why our services are broken down into specific areas, with each service led by a senior Naylors expert. It’s this structure which allows us to offer a bespoke service providing solutions across all property types. Our services include Property investment, Industrial Agency, Office Agency, Building Consultancy, Asset & Facilities Management, Valuations & Lease Advisory, Rating and Development Consultancy.

We are regional market leaders poised for progressive growth, yet we are loyal to our roots. Based firmly in the North East, we are owned, managed and run from Newcastle, it’s our home, our passion and the place we know best.

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Disclaimer - Property reference 3351FH. 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 Naylors Gavin Black LLP, Newcastle Upon Tyne. 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.