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18 Victoria Street & 5 West St Marys Gat 2 Retail Properties Offered at £300,000 in Grimsby


INVESTMENT HIGHLIGHTS
- Prime location
- Additional separate retail unit
- Three-storey retail property
EXECUTIVE SUMMARY
The town of Grimsby forms part of the larger Grimsby and Cleethorpes conurbation with a population of approximately 88,250. The town is
situated approximately 27 miles east of Scunthorpe and 32 miles south-east of Kingston-Upon-Hull. In recent years, Grimsby has
experienced considerable investment following the large offshore wind farm projects with further investment anticipated following the
establishment of the Renewable Energy Centre at the Grimsby Institute for Further Education and proposed phase 2 of the Hornsea Project.
The property is located on the southern side of the pedestrianised Victoria Street West, forming part of the main retailing are in the town
centre. Internally, the property comprises a retail unit incorporating, a ground floor retail area with offices with storage and ancillary
accommodation over the remaining floors.
An additional retail unit fronting West St Marys Gate is available to sublet and provides separate open plan retail accommodation.
Nearby occupiers include the Bodyshop, McDonalds and Barclays Bank.
situated approximately 27 miles east of Scunthorpe and 32 miles south-east of Kingston-Upon-Hull. In recent years, Grimsby has
experienced considerable investment following the large offshore wind farm projects with further investment anticipated following the
establishment of the Renewable Energy Centre at the Grimsby Institute for Further Education and proposed phase 2 of the Hornsea Project.
The property is located on the southern side of the pedestrianised Victoria Street West, forming part of the main retailing are in the town
centre. Internally, the property comprises a retail unit incorporating, a ground floor retail area with offices with storage and ancillary
accommodation over the remaining floors.
An additional retail unit fronting West St Marys Gate is available to sublet and provides separate open plan retail accommodation.
Nearby occupiers include the Bodyshop, McDonalds and Barclays Bank.
PROPERTY FACTS
| Price | £300,000 | Number of Properties | 2 |
| Price psf | £131.75 / sq ft | Individually For Sale | 0 |
| Yield | 11.73% | Total Property Size | 2,277 sq ft |
| Sale Type | Investment | Total Land Area | 0.04 ac |
| Status | Active |
| Price | £300,000 |
| Price psf | £131.75 / sq ft |
| Yield | 11.73% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Property Size | 2,277 sq ft |
| Total Land Area | 0.04 ac |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 18 Victoria St, Grimsby DN31 1DG | Retail | 2,152 sq ft | 1928 | - |
| 5 West St. Marys Gate, Grimsby DN31 1LB | Retail | 125 sq ft | 1950 | - |
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18 Victoria Street & 5 West St Marys Gat
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