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5 Alexandra Rd

2,824 SF Retail Building Grimsby DN31 1RD £125,000 (£44/SF)

Investment Highlights

  • Good visibility to traffic on Frederick Ward Way
  • The town is approximately 27 miles east of Scunthorpe and 32 miles east of Kington-upon-Hull
  • Serves a dense residential population in the immediate vicinity

Executive Summary

The premises are offered For Sale at a guide price of £125,000.
The property provides retail accommodation to the front with ancillary storage behind with rear access doors.
The ground floor is currently let on a lease expiring in January 2026 at a rent of £9,600 per annum and the first floor
offers potential for conversion to 3 flats in line with previously approved plans.

Property Facts

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront
Building Size
2,824 SF
Building Class
C
Year Built
1900
Price
£125,000
Price Per SF
£44
Tenancy
Single
Number of Floors
2
Building FAR
1.90
Land Acres
0.03 AC
Frontage
35 ft on Alexandra Road

Amenities

  • Storage Space

Nearby Major Retailers

Virgin Money Plc
Iceland
Barclays
National Westminster Bank Plc
Santander
HSBC
YMCA
Bakers + Baristas
eurochange
Costa Coffee
  • Listing ID: 32729807

  • Date on Market: 08/08/2024

  • Last Updated:

  • Address: 5 Alexandra Rd, Grimsby DN31 1RD

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