Retail property (high street) for sale
Property description & features
- Tenure: Leasehold (96 years remaining)
- Perfect Investment Opportunity
- Mixed Use Property Located In The Heart Of Grimsby Town
- Fully Tenanted Shop & Flat
- Leasehold Property
- 2 Parking Spaces Included To Rear
Jackson, Green and Preston are delighted to advertise 210 Freeman Street, For Sale, a fantastic mixed-use property nestled in the heart of Grimsby. The ground floor commercial unit is approximately 46 sqm/ 487 sqft and features a spacious and open-plan retail space with large windows that provide plenty of natural light. The first floor is currently used as a two bedroomed flat. This property is available with a vacant first floor flat and the tenant remaining in situ in the ground floor commercial unit and would be a perfect addition to any investors portfolio. With easy access to major transport links, including the A16 and A180, this property is perfectly situated for businesses that need to commute to work or travel further afield. This property would benefit from a number of different uses, subject to the landlord’s approval.
This property allows any buyer the opportunity to receive an income from day one. This property is currently generating an income of £10,000 Per Annum. Please note this property is on a 125-year leasehold and expires in 2121. The Ground Rent payable on the shop is £145 p/a and on the flat is £25 p/a. The Ground Rent is paid twice per annum.
Rooms
Commercial
Ground Floor
Main Retail Area 7.47m x 3.52m
Benefitting from electric shutters, laminate flooring, suspended ceilings and led lighting.
Storage 3.55m x 3.07m
Including ample space for storage and tiled flooring.
Kitchen Area 2.55m x 2.37m
Including wall and base units, sink and drainer and tiled flooring.
W.C. 1.55m x 1.29m
Including a sink basin, tiled flooring and low flush w.c.
Flat
First Floor
Bedroom 1 3.7m x 3.41m
Including a uPVC double glazed window and laminate flooring.
Bedroom 2 4.62m x 2.42m
Including carpeted flooring and a double-glazed ceiling window.
Kitchen 3.54m x 3.58m
Spacious kitchen benefitting from wall and base units, lino flooring, 1 ½ sink and drainer and a uPVC double glazed window.
Rateable Value
The rateable value as of 1st April 2023 is £3,600. This an online enquiry and all interested parties are advised to make their own enquiries.
Tenure
Leasehold - For A term of 125 years from 1st August 1996. All interested parties are advised to make their own enquiries.
Council Tax Band A
This information was obtained on the 5th October 2023 and is for guidance purposes only. Purchasers should be aware that the banding of the property could change if information is brought to light that makes it clear to the Valuation Office Agency that an error was made with the original allocation.
Additionally, there may be circumstances when the Council Tax can be altered on change of ownership.
All interested parties are advised to make their own enquiries. See
Sources Of Useful Information
Purchasers may find the following websites useful in providing additional information in respect of the property and the immediate surrounding area.
Mortgage Advice
We are pleased to be able to introduce Toni Cressey Mortgage Advisers who we recommend for Independent Mortgage Advice for any of our clients looking to purchase their first home, new home or investment property.
They have a team of advisers that are able to help and advise you on the most suitable mortgages available for you taking into account your own particular needs and circumstances. They will help and guide you through the whole mortgage and home buying process, ensuring best advice is given at all times. Buying a new home is one of the most important financial decisions you will make so it is vital that you get the help and advice you need at the earliest opportunity.
No fee is charged for this independent mortgage advice, which is provided under no obligation. There may however be a fee payable should you proceed with a mortgage application. The actual amount you pay will depend upon your own circumstances and requirements and typically our application fee will (truncated)
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