Withdrawn
Withdrawn Prior
Sold
Sold Prior
Sold Post
The property comprises a high yielding retail investment occupying a high footfall pedestrianised pitch.
Arranged across ground floor only, the property is fully let to Lincolnshire Co-Operative Limited (t/a Coop Travel) on a 10 year lease expiring 09.12.2029 and paying £22,500 per annum.
The property occupies a prominent pitch with a frontage to Victoria Street, forming part of the retail heart of Grimsby characterised by a number of national occupiers including Subway, Greggs, Savers and McDonalds. Freshney Place Shopping Centre lies to the rear of the property with the nearby Brewery Street forming the principal point of access.
Please note, the freehold is available in the same auction and can be found here.
Tenure
Leasehold - New 999 Year Lease - Peppercorn Rent
Tenancy
The property is let to Lincolnshire Co-Operative Limited (t/a Coop Travel) on a 10 Year Lease Expiring 09.12.2029 and paying £22,500 per annum.
The freehold is also for sale and can be found here.
Rent
Notes
We understand the property is elected for VAT.