Lot
034
Auction: June 2021 Online Auction 23/06/2021

120 Cleethorpe Road, Grimsby, Lincolnshire DN31 3HW

Property Details
Location
Description
A two storey mid terraced commercial investment let on a 10 year FRI lease from 10th April 2021 producing £12,000 per annum. The property is operating as a licensed bar/public house and has recently been refurbished by the current tenants.
Location
The property fronts the busy Cleethorpe Road (A180) close to the junction of Freeman Street in a predominantly commercial setting. The property also benefits from access to the rear from Strand Street. Grimsby town centre is approximately 1.2 miles south west and Cleethorpes 2.2 miles to the east.
Accommodation

Ground Floor 1,109 sq ft (103 sq m)
First Floor1,225 sq ft (113.8 sq m)
Total2,334 sq ft (216.8 sq m)
The above areas are from the VOA website, please note that Pugh's have not measured the property. 
Tenure
Unknown
Planning
For all planning enquiries please contact;
Development Management Services - Planning
New Oxford House
2 George Street
Grimsby
North East Lincolnshire
DN31 1HB
Email: [email protected]
Telephone: 01472 326289
Tenancy
Let on a 10 year FRI lease commencing on 10th April 2021 at a passing rent of £12,000 per annum with no break clause.

Please see the legal pack for a copy of the lease.
Costs
Details of the Buyer's Premium and any additional fees payable are contained within the legal documents.
General
1. All the information provided on our website is for indicative purposes only and interested parties should rely upon the contents of the legal pack and their own due diligence as a prudent bidder.
2. PLEASE NOTE BIDDING COMMENCES ON TUESDAY 22ND JUNE AND CLOSES ON WEDNESDAY 23RD JUNE.

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