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HOME FURNISHINGS SUPERSTORE WITH RESIDENTIAL LETTING APARTMENTS IN GRIMSBY TOWN CENTRE
Grimsby, South Humberside, DN31 3BE
Asking Price
£1,500,000 (Ltd Co sale)
Tenure
Freehold
Description
These extremely substantial and well fitted THREE-STOREY corner parade premises provide outstanding and highly functional internal business accommodation to the GROUND FLOOR, which briefly comprises a broad, inviting and glazed, double-door public entrance directly off Cleethorpes Road (A180) with an additional, currently unused entrance also available.
The current entrance leads directly into the main, bright, spacious and welcoming, ‘walk round’ retail sales and customer service showroom area, set out in open-plan, “superstore” style with diffused fluorescent lighting throughout, which affords extensive display space for a wide selection of quality budget and middle range home furnishings in addition to housing a reception and sales area with full complement of payment facilities.
The ground-floor premises also incorporate a fully furnished and equipped private and general administration office, with further ancillary accommodation consisting of a fitted staff kitchen/restroom area and all the usual washroom/WC facilities, together with a substantial range of general storage areas and separate, double-door access for deliveries to the rear.
The business premises also enjoy the added security benefits of steel roller shutters to the main entrances and windows and a full alarm system.
Accessed by means of its own separate, self-contained entrance and staircase from ground-floor level, to the FIRST AND SECOND FLOOR LEVELS the property provides a high standard of letting accommodation in a total of NINE smart and fully self-contained private apartments.
The apartments consist of 1 x one-bedroom apartment, 1 x two-bedroom apartment and 7 x three-bedroom apartments, all of which we understand are currently let on short-hold tenancy agreements to produce a considerable supplementary combined rental income of approximately £43,000 per annum.
The property also enjoys the benefit of gas central heating and double glazing throughout.
Externally:
To the front the business premises are well signed and presented and afford extensive and inviting, double-fronted display window space onto a very busy town centre commercial thoroughfare, with unrestricted customer parking available locally.
The property also incorporates a substantial and fully enclosed, concrete-surfaced service yard and loading bay area to the rear with secure gated access, which also provides secure private unrestricted off-road parking facilities for all the letting apartments.
Location & Situation
The subject property occupies an outstanding and highly visible corner trading position among other independent operators in the busy heart of the vibrant and historic seaside town of Grimsby, which lies with excellent access both to major road links (A16, A46, A180 and A18 etc.) and to the nearby popular holiday resort of Cleethorpes, on the delightful and ever popular north east Lincolnshire coast.
Details
- Property Type
- Investment Prop, Furniture, Other Commercial Properties, Other Retail Business, Estate/Letting Agent