Project Description

Location
The property is situated in on Freeman Street on the outskirts of Grimsby town centre, a large town and seaport situated on the South Bank of the Humber Estuary.

There are an array of local business situated within close proximity to the unit providing excellent foot traffic for a potential business.

Ideal for commuters the property is situated just 0.1 mile from Grimsby Docks train station (Northern Line) and can be accessed within 5 minutes on foot.

The city of Lincoln is situated approximately 37 miles south west of the property and can be accessed within one hour by car.

Description
The property is a double fronted high street retail unit with A1 consent, good open floor space with glazing units facing the high street ideal for passing footfall. The unit benefits from a roller shutter door providing security. In addition there is a kitchenette and WC which can be accessed through a door at the back of the office.

Services
We understand the property has mains electric, water and drainage.

Tenure
Long Leasehold – please see legal pack for further details.

Investment Analysis
We believe the unit could let for £4,500 per annum. Representing a gross annual yield of 12%.

Viewing by Appointment

To view this property, please contact John Pye Property – property@johnpye.co.uk – 0115 970 6060

Please click the following link to access the legal pack documents – http://www.johnpye.auctiondocs.com/

Address

19a Freeman Street
Grimsby
DN32 7AB

Features

✓ Rental unit with A1 use
✓ Lock up shop
✓ Estimated rental £4,500 pa
✓ Potential gross yield 12%
✓ Good high street position
✓ Pedestrianised location
✓ Glazed frontage
✓ Single entrance door
✓ 100% Business rate relief
✓ Kitchenette & WC
✓ Unit size 48.1 m2 (517 ft2)
✓ Recently Refurbished

Contact

Hayley Riley
Phone: 0115 970 6060
Email: property@johnpye.co.uk
Our Ref: PR145

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