26A Wellowgate, Grimsby, Lincolnshire DN32 0RA

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Property Details

Location

Description

The property comprises a leasehold ground floor retail unit, which forms part of a large mixed-use retail/residential development. Internally, it has the potential to provide entirely open-plan accommodation, but is currently split to provide a retail area to the front, with ancillary stores, kitchenette and staff facilities to the rear. The property is offered with vacant possession.

Location

The property is positioned on the northern side of Wellowgate, forming part of an established retailing location approximately 0.5 miles to the south-west of Grimsby town centre. Grimsby Town train centre is a short walk from the property, with a car park stationed nearby.

Accommodation

Buyers should be aware that Pugh & Co have not inspected the property. Descriptions of the property have been provided by our Joint Agent and buyers should therefore satisfy themselves as to the accommodation. Approximate floor areas are provided below:

Retail	49 sq m (522 sq ft)
Ancillary	13 sq m (141 sq ft)
Total	62 sq m (663 sq ft)

Tenure

We understand the property is held by way of a 125 year lease from 1 March 1993 at a ground rent of £50 per annum. We are told the latest service charge annual payment was £344 (inc VAT).

Costs

Details of the Buyer's Premium and any additional fees payable are contained within the legal documents.

VAT

VAT is payable on completion at the prevailing rate in addition to the purchase price.

General

1. All the information provided on our website is for indicative purposes only and interested parties should refer to the contents of the legal pack and rely upon their own due diligence as a prudent bidder.

2. PLEASE NOTE BIDDING COMMENCES ON TUESDAY 19TH JULY AND CLOSES ON WEDNESDAY 20TH JULY.

3. The vendor has advised the property has a burglar alarm, electric shuttering and contains an air conditioning unit in the office.

4. Energy Performance Certificate = C

Addendum

We understand the property is held by way of a 125 year lease from 1 March 1993 at a ground rent of £50 per annum. We are told the latest service charge annual payment was £344 (inc VAT).