223-225 Cleethorpe Rd
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223-225 Cleethorpe Rd
5,609 SF Office Building Grimsby DN31 3HB £195,000 (£35/SF)
Investment Highlights
- Prominent office premises with rear warehouse.
- Busy main arterial road location.
- Rear yard and access from Orwell Street.
Executive Summary
Tenure: The front part of the property is freehold. The rear part is held by way of a long leasehold interest from North East Lincolnshire Council for a term of 99 years from 20 June 2019. The current ground rent is £850pa and subject to review in 2029 and thereafter on a 10 yearly basis.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Tenure
Freehold/Long Leasehold
Building Size
5,609 SF
Building Class
C
Year Built
1889
Price
£195,000
Price Per SF
£35
Tenancy
Single
Number of Floors
2
Typical Floor Size
2,805 SF
Building FAR
1.87
Land Acres
0.07 AC
Amenities
- Fenced Lot
- Security System
- Storage Space
- Yard
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223-225 Cleethorpe Rd
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