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Investment Highlights

  • Situated in a well connected Grimsby neighborhood
  • Onsite parking
  • Easy access to major transport routes

Executive Summary

Opportunity to acquire this property in the heart of Grimsby. The property comprises a previously a licensed public house, the ground floor features a large open plan space and the upper floor provides well proportioned living areas. Suitable for a restaurant, café, function venue, or specialty leisure use, the property’s former hospitality function ensures the presence of large rooms, utility areas, and plumbing infrastructure. Located on Albion Street, within an established urban catchment, delivers steady footfall and proximity to Freeman Street Market and excellent connectivity to major roads and local amenities. This leasehold opportunity is available at £120,000 and benefits from council tax rating and EPC classification C.

Property Facts

Sale Type
Investment or Owner Occupier
Property Type
Retail
Tenure
Long Leasehold
Property Subtype
Restaurant
Property Size
3,882 sq ft
Costar Property Class
B
Year Built
1980
Price
£120,000
Price per sq ft
£30.91
Occupancy Rate
10%
Tenancy
Multiple
Number of Floors
2
Plot ratio
0.48
Total Plot Size
0.19 ac
Parking
10 Spaces (2.57 Spaces per 1,000 sq ft Leased)
Frontage
50 ft on Albion Street

Amenities

  • Restaurant

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • Ground
  • 3,485 sq ft
  • Retail
  • In-Line
  • Now

The space comprises spacious and adaptable ground floor suitable for hospitality, leisure, or creative business uses. Previously utilized as a public house the ground floor consists of multiple function rooms, ancillary areas, a cellar and office space. Available by way of a new lease on terms to be agreed at £24,000 per annum with an incentive of two months’ free rent.

Space Size Space Use Position Available
Ground 3,485 sq ft Retail In-Line Now

Ground

Size
3,485 sq ft
Space Use
Retail
Position
In-Line
Available
Now

Ground

Size 3,485 sq ft
Space Use Retail
Position In-Line
Available Now

The space comprises spacious and adaptable ground floor suitable for hospitality, leisure, or creative business uses. Previously utilized as a public house the ground floor consists of multiple function rooms, ancillary areas, a cellar and office space. Available by way of a new lease on terms to be agreed at £24,000 per annum with an incentive of two months’ free rent.

Nearby Major Retailers

Iceland
The Gym
Starbucks
Tesco Extra
Barclays
Sainsbury's
Asda
LLoyds
National Westminster Bank Plc
Banco Santander
  • Listing ID: 41137924

  • Date on Market: 02/07/2026

  • Last Updated:

  • Address: Albion St, Grimsby DN32 7DX

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