Convamore Shopping Centre, 95-103 Convamore Road Grimsby Lincolnshire DN32 9ED

Convamore Shopping Centre, 95-103 Convamore Road
Grimsby
Lincolnshire
DN32 9ED

Freehold Retail Park Investment

Fully Let Retail Park
Providing a convenience store, fish & chip takeaway, barber's, a salon and 25 car parking spaces
Asset Management Opportunities
Total Site Area of approx. 0.33 Ha (0.81 Acres)
Approx. Floor Area of 758.06 sq m (8,158 sq ft)
Densely populated residential area

Lot
17
Auction
9th May 2024
Rent
£52,650 per Annum Exclusive
Status
Withdrawn Post
Price
Auction Venue
Live Streamed Auction

Interested?

Expand
Photos
Map

Freehold Retail Park Investment

Fully Let Retail Park
Providing a convenience store, fish & chip takeaway, barber's, a salon and 25 car parking spaces
Asset Management Opportunities
Total Site Area of approx. 0.33 Ha (0.81 Acres)
Approx. Floor Area of 758.06 sq m (8,158 sq ft)
Densely populated residential area

Lot 17
Auction 9th May 2024
Rent £52,650 per Annum Exclusive
Status Withdrawn Post
Price
Sector
High Street Retail
Auction Venue
Live Streamed Auction

Property Information

Location

Miles: 33 miles south-east of Kingston upon Hull, 35 miles north-east of Lincoln
Roads: A16, A180, M180
Rail: Grimsby Town, Grimsby Docks, New Clee Railway Stations
Air: Humberside Airport

Situation

Grimsby, with a resident population of circa 100,000, is a well established commercial centre for North East Lincolnshire and also providing a major fishing port. The town is well situated with road connections to the A180/M180 which in turn provides access to the M18, the Humber Bridge and Humberside International Airport.

The property is located on the west side of Convamore Road, in-between it's junctions with Wellington Street and Eleanor Street and conveniently situated to serve a densely populated residential area.

Tenure

Freehold.

Location

Miles: 33 miles south-east of Kingston upon Hull, 35 miles north-east of Lincoln
Roads: A16, A180, M180
Rail: Grimsby Town, Grimsby Docks, New Clee Railway Stations
Air: Humberside Airport

Situation

Tenure

Freehold.

Description

The property comprises a retail park of 0.33 Ha (0.81 Acres) upon which sits a substantial detached single storey convenience store together with a terrace of three ground floor shops. The property benefits from approximately 25 car parking spaces.

VAT

VAT is applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

VAT

VAT is applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Address	Floor	Use	Floor Areas Approx sq m	Floor Areas Approx sq ft	Tenant	Term	Rent p.a.x.	Rent Review (Reversion)
95-103 Convamore Road	Ground	Convenience Store	587.15	(6,320)	GILL MARSH FORECOURTS LTD t/a Spar	10 years from 18/06/2020 (1)	£27,500	18/06/2025 (17/06/2030)
Unit 1	Ground	Retail	42.60	(458)	INDIVIDUAL	10 years from 09/02/2018	£7,150	09/02/2024 09/02/2027 (08/02/2028)
Unit 2&3	Ground	Retail	85.82	(923)	THE GENTRY LOUNGE LTD and AN INDIVIDUAL	3 years from 02/11/2020	£10,000
Unit 4	Ground	Retail	42.49	(457)	INDIVIDUAL	10 years from 25/04/2016	£8,000	(24/04/2026)
Total Approximate Floor Area			758.06	(8,158) (2)			£52,650

(1) The lease provides for a tenant option to determine the lease on 17/06/2025.
(2) The floor areas stated above are those published by the Valuation Office Agency (www.voa.gov.uk).

If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.