Retail premises for sale in Eaton Court, Grimsby DN34

£90,000
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Retail premises for sale

Property features

  • Generating an income of £1,800 p.a
  • The lessees have elected to not take up their rights of pre-emption
  • Ten of the leases have less than 57 years remaining
  • Potential to increase ground rents in 2048

Property description

The property comprises a three storey purpose built block constructed in the 1980s. The building provides 20 flats which are accessed from four independent entrances, leading to the hallways and stairwells, all of which form part of the common areas. The site benefits from a block paved drive to the front and well maintained, landscaped gardens to the rear.

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. Eaton Court is a cul-de-sac found off Augusta Street in a well regarded and much sought after residential area. The property is within close proximity of the town centre with its variety of amenities and facilities including the railway/bus stations. The
Wheatsheaf public house, Millfield's Hotel, Grimsby Institute and Peoples Park are all nearby.

Property info

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For more information about this property, please contact
Scotts Property LLP, DN31 on +44 1472 467809 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Scotts Property LLP, and do not constitute property particulars. Please contact Scotts Property LLP for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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