units 5-6 king edward street, grimsby, north east
UNITS 5-6 KING EDWARD STREET, GRIMSBY, NORTH EAST LINCOLNSHIRE, DN31 3JH INDUSTRIAL FOR SALE 1,013.48 SQ M (10,905 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 property is located on the east side of King Edward Street close to its junction with Fotherby Street forming part of a well established industrial location which runs parallel with Victoria Street and benefits from good access to the A180/M180, town centre and docks.
DESCRIPTION
BUSINESS RATES
SUMMARY
Industrial premises with ancillary office/storage accommodation of 1,013.48 sq m (10,905 sq ft) approx. Two large access doors. Popular location, close to Tesco’s, Victoria Street and A180/M180.
ACCOMMODATION The property provides the following approximate accommodation which has been measured on a gross internal area basis in accordance with the RICS Code of Measuring Practice. GROUND FLOOR Workshop/Warehouse & Ancillary Accommodation FIRST FLOOR Mezzanine Storage TOTAL GROSS INTERNAL AREA
The Purchaser will be responsible for the payment of business rates. It is noted that the property currently attracts the following rateable value: Workshop & Premises
RV £19,000
The above figure is subject to the current Uniform Business Rate in the pound.
Sq m
Sq ft
Interested parties are advised to confirm the accuracy of the above figure 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.
894.91
9,653
EPC
118.17 1,013.48
1,272 10,095
TERMS
The property comprises of a self contained industrial property which is of solid brick/block construction with a steel truss roof surmounted by a series of corrugated asbestos/cement sheets. To the front of the property there is a reception area together with ladies and gents WC’s and kitchen area. There is also concrete mezzanine floor area immediately above the front elevation.
The property is available For Sale, subject to the following terms and conditions.
Externally, the property benefits from a concrete surfaced forecourt/parking area directly to the front of King Edward Street together with a small enclosed yard area to the rear of the property which is accessed from within the property only.
TENURE
PRICE £250,000 plus VAT (if applicable), subject to contract.
It is understood that the property is subject to a ground lease from North East Lincolnshire Council for a 99 year term with effect from the 11th August 1960 and being subject to a fixed ground rent of £190 per annum. Vacant possession will be provided upon completion.
F129 A copy of the Certificate and Recommendation Report is available on request.
NOTE The current tenant would be interested in remaining in the property and entering into a new lease at a rent of £20,000 per annum exclusive of rates, VAT and all other outgoings. Further details are available from the agents.
CONTACTS Duncan Willey 01724 294946 07710 344602 [email protected] Sam Fallowfield 01724 294942 07340 518003 [email protected] Date: December 2017 File Ref: 12077SI/1
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.
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 property is located on the east side of King Edward Street close to its junction with Fotherby Street forming part of a well established industrial location which runs parallel with Victoria Street and benefits from good access to the A180/M180, town centre and docks.
DESCRIPTION
BUSINESS RATES
SUMMARY
Industrial premises with ancillary office/storage accommodation of 1,013.48 sq m (10,905 sq ft) approx. Two large access doors. Popular location, close to Tesco’s, Victoria Street and A180/M180.
ACCOMMODATION The property provides the following approximate accommodation which has been measured on a gross internal area basis in accordance with the RICS Code of Measuring Practice. GROUND FLOOR Workshop/Warehouse & Ancillary Accommodation FIRST FLOOR Mezzanine Storage TOTAL GROSS INTERNAL AREA
The Purchaser will be responsible for the payment of business rates. It is noted that the property currently attracts the following rateable value: Workshop & Premises
RV £19,000
The above figure is subject to the current Uniform Business Rate in the pound.
Sq m
Sq ft
Interested parties are advised to confirm the accuracy of the above figure 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.
894.91
9,653
EPC
118.17 1,013.48
1,272 10,095
TERMS
The property comprises of a self contained industrial property which is of solid brick/block construction with a steel truss roof surmounted by a series of corrugated asbestos/cement sheets. To the front of the property there is a reception area together with ladies and gents WC’s and kitchen area. There is also concrete mezzanine floor area immediately above the front elevation.
The property is available For Sale, subject to the following terms and conditions.
Externally, the property benefits from a concrete surfaced forecourt/parking area directly to the front of King Edward Street together with a small enclosed yard area to the rear of the property which is accessed from within the property only.
TENURE
PRICE £250,000 plus VAT (if applicable), subject to contract.
It is understood that the property is subject to a ground lease from North East Lincolnshire Council for a 99 year term with effect from the 11th August 1960 and being subject to a fixed ground rent of £190 per annum. Vacant possession will be provided upon completion.
F129 A copy of the Certificate and Recommendation Report is available on request.
NOTE The current tenant would be interested in remaining in the property and entering into a new lease at a rent of £20,000 per annum exclusive of rates, VAT and all other outgoings. Further details are available from the agents.
CONTACTS Duncan Willey 01724 294946 07710 344602 [email protected] Sam Fallowfield 01724 294942 07340 518003 [email protected] Date: December 2017 File Ref: 12077SI/1
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.
Europarc, Innovation Way Grimsby North East Lincolnshire, DN37 9TT 01472 267513 pph-commercial.co.uk
