For Sale - Page 1

Property Tenant Lease Term Expiring Rent Business Rates EPC

18 Victoria Street, Grimsby Coopland and Son (Scarborough) Ltd 5 years 30 September 2026 £30,000 per annum £21,000 per annum TBC

5 West St Marys Gate, Grimsby TBC TBC TBC *£5,200 (quoting) £2,475 C (69)

For Valuation Locations

INVESTMENT

18 Victoria Street, Grimsby, DN31 1DG &

5 West St Marys Gate, Grimsby, DN31 1LB

Not to Scale - For Identification Purposes Only

Offices:

Hull 66 - 68 Humber Street, HU1 1TU

Scunthorpe Sovereign House, Arkwright Way, DN16 1AL

Grimsby 12 Town Hall Street, DN31 1HN

CS.6887

Disclaimer: Scotts, a trading name of Scotts Property LLP, gives notice that: i) these particulars are a general outline only, for the guidance of prospective purchasers/occupiers and do not constitute the whole or any part of an offer or contract; ii) all descriptions,

dimensions, references to condition and necessary permissions for use or occupation and other details contained herein are given in good faith and interested parties should not rely on them as representations or statements of fact and must satisfy themselves

as to their accuracy; iii) they will not be liable in negligence or otherwise for any loss arising from the use of these particulars; iv) no representative of Scotts has any authority to make or give any representation of warranty or enter into any contract whatsoever

in relation to the property; v) all prices and rentals quoted are exclusive of VAT.

LOCATION/DESCRIPTION

The town of Grimsby forms part of the larger Grimsby and Cleethorpes conurbation with a population of approximately 88,250. The town is

situated approximately 27 miles east of Scunthorpe and 32 miles south-east of Kingston-Upon-Hull. In recent years, Grimsby has

experienced considerable investment following the large offshore wind farm projects with further investment anticipated following the

establishment of the Renewable Energy Centre at the Grimsby Institute for Further Education and proposed phase 2 of the Hornsea Project.

The property is located on the southern side of the pedestrianised Victoria Street West, forming part of the main retailing are in the town

centre. Internally, the property comprises a retail unit incorporating, a ground floor retail area with offices with storage and ancillary

accommodation over the remaining floors.

An additional retail unit fronting West St Marys Gate is available to sublet and provides separate open plan retail accommodation.

Nearby occupiers include the Bodyshop, McDonalds and Barclays Bank

ACCOMMODATION

18 Victoria Street, Grimsby

Ground Floor Retail 60.9 sq m (655 sq ft)

First Floor Office 17.1 sq m (184 sq ft)

First Floor Storage 11.0 sq m (118 sq ft)

First Floor Ancillary 17.1 sq m (184 sq ft)

SecondFloor Storage 34.1 sq m (367 sq ft)

5 West St Marys Gate, Grimsby

Ground Floor Retail 11.6 sq m (125 sq ft)

DISPOSAL / LEASE TERMS

The premises are offered For Sale at a guide price of £300,000, subject to the leases, reflecting a gross yield of 10%.

*Please note that 5 West St Marys Gate is available to sublet and the rent received is not in addition to that received but is included here for

information purposes.

Copies of leases will be made available to bona fide parties on request.

LEGAL COSTS

In the event of a freehold sale then each party will be responsible for their own legal costs incurred together with any Stamp Duty Land Tax

that may be payable.

FURTHER INFORMATION AND TO VIEW

Contact Lawrence Brown lawrence@scotts-property.co.uk 07710 312712 or Kerry Burnett-Cox kerry@scotts-property.co.uk 07749 725316.

50 metres

Grimsby - Victoria Street

For more information on our products and services:

www.experian.co.uk/goad | [email protected] | 0845 601

6011

Experian Goad Plan Created: 22/02/2022

Created By: Scotts Property LLP