01482 645522 461 Laceby Road, GRIMSBY, DN34 5NX - Property Pilot
FOR SALE:
01482 645522
461 Laceby Road, GRIMSBY, DN34 5NX
Freehold: £180,000 FEATURES Retail / residential investment in busy neighbourhood parade Ground floor let to Coral Estates Limited, expiry 2020 Additional income from self contained flat Total rent £15,675 per annum
CONTACT Carl Bradley [email protected] 07971 875 863
Clark Weightman, 20 The Weir, Hessle, HU13 ORU www.clarkweightman.co.uk
For Sale: 461 Laceby Road, GRIMSBY, DN34 5NX DESCRIPTION
An excellent opportunity to purchase the freehold interest in a mixed use commercial and residential investment. The ground floor retail premises are let to Coral Estates Limited and there has been a betting shop in this location for over 20 years. The property is of traditional brick construction under a concrete tiled roof. The shop has been fitted out to the usual standard expected of Coral as a tenant. The living accommodation is self contained and arranged over first and second floors. There is a service yard to the rear of the property. LOCATION
ACCOMMODATION
Ground floor Retail / Betting Shop - 57.2 sq m (616 sq ft) Upper floors Residential accommodation comprising sitting room, kitchen, bathroom and three bedrooms, OTHER INFORMATION Local Authority - North East Lincolnshire Council Local Authority Charges – The Shop has a rateable value of £7000(2017). The flat is in Band A for Council Tax purposes
The property is situated at the end of a busy neighbourhood shopping parade fronting Laceby Road in Grimsby overlooking the junction which is known locally as Bradley Crossroads. The property benefits from easy access on to the A46. Other occupiers within the parade include fish and chip and Indian takeaway, Vets and hairdressers. There is a Co-op convenience store opposite. This is a busy, highly visible location serving a wide residential catchment area. TERMS
The freehold interest is available at a guide price of £180,000. The ground floor shop is let to Coral Estates Limited by way of a lease expiring on 31 March 2020. The current rent is £10,875 per annum. The lease is on an internal repairing & insuring basis. The self contained flat is let at a rent of £400pcm by way of an Assured Shorthold Tenancy Agreement.
EPC - TBC Services - All mains services are connected to the property. It is noted that the shop tenants have installed air-conditioning. The flat has gas fired central heating. Please note that none of the services have been tested by the agents. VAT - All prices expressed in these particulars are exclusive of VAT. VAT is not applicable to this transaction. Tenure – We have been advised by the client that the property is freehold. Notice - Clark Weightman Limited for themselves and for Vendors or lessors of this property whose agents they are giving notice that: (I) the particulars are set out as a general outline only for the guidance of intended purchasers or lessees, and do not constitute, nor constitute part of, an offer or contract; (II) all descriptions, dimensions, referenced condition and necessary permissions for use and occupation, and other details are given without responsibility and any intending purchasers or tenants should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of each of them: (III) no person in the employment of Clark Weightman Limited has any authority to make or give any representation or warranty whatever in relation to this property. Agency Pilot File Reference: 17/019.
Clark Weightman, 20 The Weir, Hessle, HU13 ORU www.clarkweightman.co.uk
01482 645522
461 Laceby Road, GRIMSBY, DN34 5NX
Freehold: £180,000 FEATURES Retail / residential investment in busy neighbourhood parade Ground floor let to Coral Estates Limited, expiry 2020 Additional income from self contained flat Total rent £15,675 per annum
CONTACT Carl Bradley [email protected] 07971 875 863
Clark Weightman, 20 The Weir, Hessle, HU13 ORU www.clarkweightman.co.uk
For Sale: 461 Laceby Road, GRIMSBY, DN34 5NX DESCRIPTION
An excellent opportunity to purchase the freehold interest in a mixed use commercial and residential investment. The ground floor retail premises are let to Coral Estates Limited and there has been a betting shop in this location for over 20 years. The property is of traditional brick construction under a concrete tiled roof. The shop has been fitted out to the usual standard expected of Coral as a tenant. The living accommodation is self contained and arranged over first and second floors. There is a service yard to the rear of the property. LOCATION
ACCOMMODATION
Ground floor Retail / Betting Shop - 57.2 sq m (616 sq ft) Upper floors Residential accommodation comprising sitting room, kitchen, bathroom and three bedrooms, OTHER INFORMATION Local Authority - North East Lincolnshire Council Local Authority Charges – The Shop has a rateable value of £7000(2017). The flat is in Band A for Council Tax purposes
The property is situated at the end of a busy neighbourhood shopping parade fronting Laceby Road in Grimsby overlooking the junction which is known locally as Bradley Crossroads. The property benefits from easy access on to the A46. Other occupiers within the parade include fish and chip and Indian takeaway, Vets and hairdressers. There is a Co-op convenience store opposite. This is a busy, highly visible location serving a wide residential catchment area. TERMS
The freehold interest is available at a guide price of £180,000. The ground floor shop is let to Coral Estates Limited by way of a lease expiring on 31 March 2020. The current rent is £10,875 per annum. The lease is on an internal repairing & insuring basis. The self contained flat is let at a rent of £400pcm by way of an Assured Shorthold Tenancy Agreement.
EPC - TBC Services - All mains services are connected to the property. It is noted that the shop tenants have installed air-conditioning. The flat has gas fired central heating. Please note that none of the services have been tested by the agents. VAT - All prices expressed in these particulars are exclusive of VAT. VAT is not applicable to this transaction. Tenure – We have been advised by the client that the property is freehold. Notice - Clark Weightman Limited for themselves and for Vendors or lessors of this property whose agents they are giving notice that: (I) the particulars are set out as a general outline only for the guidance of intended purchasers or lessees, and do not constitute, nor constitute part of, an offer or contract; (II) all descriptions, dimensions, referenced condition and necessary permissions for use and occupation, and other details are given without responsibility and any intending purchasers or tenants should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of each of them: (III) no person in the employment of Clark Weightman Limited has any authority to make or give any representation or warranty whatever in relation to this property. Agency Pilot File Reference: 17/019.
Clark Weightman, 20 The Weir, Hessle, HU13 ORU www.clarkweightman.co.uk
