Online auction

Retail Premises In Town Center, Grimsby, DN31 1DG

Victoria Street, Grimsby, UK

Time Left

2019-09-26 14:00:00

(Unless Sold Prior)

  • To do so, please contact the auction team and put forward your absolute best bid. As you are asking the seller to close the auction early your offer should be very strong, at the top end or above the guide price. If all terms are agreed, the purchase will adhere to auction rules and terms of the sale.

Starting Bid

£ 110,000

(Fees Apply)
The sale of this lot is subject to an auction administration fee, the greater of £2,500 + VAT or 1.75% +VAT of the purchase price

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  • Freehold
  • Self Contained Upper Parts
  • Town Center
Royal Estates Auctions
0121 429 2030

464 Bearwood Road, Birmingham, B66 4HA

  • Freehold
  • Self Contained Upper Parts
  • Town Center
Royal Estates Auctions
0121 429 2030

464 Bearwood Road, Birmingham, B66 4HA

22 Victoria Street, Grimsby, DN31 1DG

GUIDE PRICE - £110,000 +

A VACANT FREEHOLD RETAIL PREMISES

 

Property Description

Former Santander bank

Prime pedestrianised town centre location

Opposite the Freshney Place Shopping Centre

Previous rental £53,500 per annum exclusive

The property sits in a prominent town centre location directly opposite House of Fraser, on the prime pedestrianised shopping street in Grimsby. The Freshney Place Shopping Centre on the opposite side of the street has over 100 stores with occupiers including House of Fraser, Marks & Spencer, New Look and W H Smith.

 

The property comprises GROUND FLOOR RETAIL ACCOMMODATION, and self-contained FIRST FLOOR OFFICES. 

 

 

Floor

Use

Floor Areas (Approx)

 

Gross Frontage
Net Frontage
Shop Depth
Ground
First




Retail
Offices

9.70 m
7.42 m
13.00 m
124.41 sq m
107.55 sq m

(31'' 8")
(24'' 3")
(42'' 7")
(1,339 sq ft)
(1,158 sq ft)

 

Totals

 

231.96 sq m

(2,497 sq ft)

     
         
               

 

Tenure

Freehold - See Legal Pack

 

Auctioneers Note

The deposit for exchange of contracts on this property is 5% subject to a minimum of £5,000.

The completion period for this property is 8 weeks (56 days)

 

Starting Bid and Reserve Price

*The Reserve Price is the minimum price at which the auctioneer is authorised to sell the lot at auction which is generally no more than 10% in excess of the guide price. The lot may be sold to the highest bidder at or above the Reserve Price but the auctioneer is not authorised to accept a bid below the Reserve Price. Reserve prices are subject to change up to the date of the auction. Please note that Lots may be withdrawn prior to the end of auction

 

Disclaimer

These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. No person in this firm’s employment has the authority to make or give any representation or warranty in respect of the property.

No floor plan added.
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