241 freeman street, grimsby, north east lincolnshire
241 FREEMAN STREET, GRIMSBY, NORTH EAST LINCOLNSHIRE, DN32 9DW RETAIL/OFFICE TO LET 73.44 SQ M (790 SQ FT)
Chartered Surveyors & Commercial Property Consultants
LOCATION
Grimsby is the main commercial centre for North East Lincolnshire having a resident population approaching 100,000 although benefiting from a much larger surrounding catchment area. Grimsby is ideally situated with road connections to the A180 which in turn provides access to the M180, The Humber Bridge and in addition to the Humberside International Airport which is located approximately 14 miles to the south west. Grimsby is one of the largest ports in the country and is situated on the south bank of the Humber Estuary. The combined Humber Ports handle a large percentage of overseas trade (currently worth over £20 billion annually). The premises are situated on the east side of Freeman Street close to its junction with Hainton Avenue, which in itself forms part of an established secondary retail area to the east of Grimsby town centre. The premises benefit from good road access via Freeman Street (B1213) which has seen recent capital investment in terms of improvements to the pavements and street furniture. The location benefits from good access to the A180, M180 and national motorway network.
BUSINESS RATES
SUMMARY
Ground floor lock up retail/office premises of 73.44 sq m (790 sq ft) approx. Popular location on Freeman Street close to Hainton Avenue and Asda. Would suit a variety of retail/office uses available for immediate occupation upon a new lease.
ACCOMMODATION
The property provides the following approximate accommodation which has been measured on a net internal area basis in accordance with the RICS Code of Measuring Practice. Ground Floor Retail Area & Offices WC Total Accommodation
Sq m
Sq ft
73.44 73.44
790 790
TERMS
The property is available To Let, subject to the following terms and conditions.
The Tenant will be responsible for the payment of business rates. The property attracts a 2017 rating assessment of £4,350 (Shop & Premises) which is subject to the current Uniform Business Rate in the pound. Interested parties are advised to obtain an estimate as to the rateable value by contacting the Local Authority directly and also to ascertain whether transitional relief is applicable to the property or if the rateable value is under appeal. NB. The rateable value is below the Government threshold for Small Business Rate Relief and therefore a tenant may be able to claim 100% exemption from Business Rates provided that they are not claiming Small Business Rate Relief elsewhere. Further details are available from the sole agents.
VAT
We have not been advised as to whether or not the property is subject to VAT, but if so then VAT will be charged in addition to all payments made to the Landlord at the appropriate rate.
EPC
G170
RENT
£5,000 per annum, exclusive of VAT (if applicable), business rates and all other outgoings, payable quarterly in advance by standing order.
We are currently awaiting the production of an EPC Certificate.
LEASE TERM By negotiation.
REPAIRS AND INSURANCE
The Tenant will be responsible for all repairs and decorations to the demised premises together with the reimbursement of the annual property insurance premium applicable thereto.
DESCRIPTION
The property comprises a self-contained ground floor retail/office property. Internally the property is currently divided to provide a ground floor clear span retail area leading to three offices and ladies/gents WC’s. The property benefits from security and fire alarms, certain suspended ceilings incorporating fitted lighting, air conditioning and gas central heating.
SERVICE CHARGE
The tenant will be required to contribute towards the service charge levied by the landlord in respect of the repair, maintenance and upkeep to the common parts of the property.
PROPERTY MISREPRESENTATION, MISDESCRIPTION & FINANCIAL SERVICES ACTS PPH Commercial Limited for themselves and for their clients of this property, give notice that: (i) these particulars are a general outline only and do not constitute the whole or any part of an offer or contract; (ii) PPH Commercial Limited cannot guarantee the accuracy of any description, dimensions, references to condition, necessary permissions for use or other details contained herein. Prospective purchasers or tenants must satisfy themselves as to their accuracy; (iii) no employee of PPH Commercial Limited has any authority to make or give any representation or warranty or enter into any contract in relation to the property; (iv) rents or prices quoted in these particulars may be subject to VAT in addition.
CONTACTS Duncan Willey 01724 294946 07710 344602 [email protected] Sam Fallowfield 01724 294942 07340 518003 [email protected] Date: February 2018 File Ref: 12615SR/1 Europarc, Innovation Way Grimsby North East Lincolnshire, DN37 9TT 01472 267513 pph-commercial.co.uk
Chartered Surveyors & Commercial Property Consultants
LOCATION
Grimsby is the main commercial centre for North East Lincolnshire having a resident population approaching 100,000 although benefiting from a much larger surrounding catchment area. Grimsby is ideally situated with road connections to the A180 which in turn provides access to the M180, The Humber Bridge and in addition to the Humberside International Airport which is located approximately 14 miles to the south west. Grimsby is one of the largest ports in the country and is situated on the south bank of the Humber Estuary. The combined Humber Ports handle a large percentage of overseas trade (currently worth over £20 billion annually). The premises are situated on the east side of Freeman Street close to its junction with Hainton Avenue, which in itself forms part of an established secondary retail area to the east of Grimsby town centre. The premises benefit from good road access via Freeman Street (B1213) which has seen recent capital investment in terms of improvements to the pavements and street furniture. The location benefits from good access to the A180, M180 and national motorway network.
BUSINESS RATES
SUMMARY
Ground floor lock up retail/office premises of 73.44 sq m (790 sq ft) approx. Popular location on Freeman Street close to Hainton Avenue and Asda. Would suit a variety of retail/office uses available for immediate occupation upon a new lease.
ACCOMMODATION
The property provides the following approximate accommodation which has been measured on a net internal area basis in accordance with the RICS Code of Measuring Practice. Ground Floor Retail Area & Offices WC Total Accommodation
Sq m
Sq ft
73.44 73.44
790 790
TERMS
The property is available To Let, subject to the following terms and conditions.
The Tenant will be responsible for the payment of business rates. The property attracts a 2017 rating assessment of £4,350 (Shop & Premises) which is subject to the current Uniform Business Rate in the pound. Interested parties are advised to obtain an estimate as to the rateable value by contacting the Local Authority directly and also to ascertain whether transitional relief is applicable to the property or if the rateable value is under appeal. NB. The rateable value is below the Government threshold for Small Business Rate Relief and therefore a tenant may be able to claim 100% exemption from Business Rates provided that they are not claiming Small Business Rate Relief elsewhere. Further details are available from the sole agents.
VAT
We have not been advised as to whether or not the property is subject to VAT, but if so then VAT will be charged in addition to all payments made to the Landlord at the appropriate rate.
EPC
G170
RENT
£5,000 per annum, exclusive of VAT (if applicable), business rates and all other outgoings, payable quarterly in advance by standing order.
We are currently awaiting the production of an EPC Certificate.
LEASE TERM By negotiation.
REPAIRS AND INSURANCE
The Tenant will be responsible for all repairs and decorations to the demised premises together with the reimbursement of the annual property insurance premium applicable thereto.
DESCRIPTION
The property comprises a self-contained ground floor retail/office property. Internally the property is currently divided to provide a ground floor clear span retail area leading to three offices and ladies/gents WC’s. The property benefits from security and fire alarms, certain suspended ceilings incorporating fitted lighting, air conditioning and gas central heating.
SERVICE CHARGE
The tenant will be required to contribute towards the service charge levied by the landlord in respect of the repair, maintenance and upkeep to the common parts of the property.
PROPERTY MISREPRESENTATION, MISDESCRIPTION & FINANCIAL SERVICES ACTS PPH Commercial Limited for themselves and for their clients of this property, give notice that: (i) these particulars are a general outline only and do not constitute the whole or any part of an offer or contract; (ii) PPH Commercial Limited cannot guarantee the accuracy of any description, dimensions, references to condition, necessary permissions for use or other details contained herein. Prospective purchasers or tenants must satisfy themselves as to their accuracy; (iii) no employee of PPH Commercial Limited has any authority to make or give any representation or warranty or enter into any contract in relation to the property; (iv) rents or prices quoted in these particulars may be subject to VAT in addition.
CONTACTS Duncan Willey 01724 294946 07710 344602 [email protected] Sam Fallowfield 01724 294942 07340 518003 [email protected] Date: February 2018 File Ref: 12615SR/1 Europarc, Innovation Way Grimsby North East Lincolnshire, DN37 9TT 01472 267513 pph-commercial.co.uk
