Location
The subject building is located on the busy mixed-use location of Alexandra Road to the north side of Freemans Wharf, Grimsby, overlooking the River Freshney, predominately fronting Alexandra Road crossing both the junctions of Frederick Ward Way and Garth Lane, directly opposite Freshney Place Shopping Centre with easy access to the A180 and M180, linking to national motorway networks.
The location has a variety of occupiers, including professional, retail, trade counter and industrial with the area currently undergoing regeneration.
Grimsby has a population of approximately 100,000, indelibly linked with the sea fishing industry and at its peak in the 1950s was the largest and busiest fishing port in the world. In recent years the frozen food industry has become a large part of Grimsby’s economy and new industries such as light engineering, chemicals, fabrication, distribution, wholesalers and plastics as well various other industries have grown allowing growth within various close by business trading locations.
Description
The iconic two storey building is fitted to a good standard throughout and comprises brick-built accommodation under part pitched tile roofing and part flat roof, offering self-contained accommodation, including the main ground floor office/reception, various other offices located over both floors, stores, warehouse/workshop space, staff facilities, rear loading access, including three separate loading bays and parking for approximately four vehicles to the rear of the premises.
The building also benefits from uPVC double glazed windows and doors, gas central heating, good quality lighting and security alarm system.
The property is currently professionally occupied for the purpose of an architects practice but would lend itself to vary uses, subject to the appropriate approvals.
Accommodation
Ground Floor (GIA)
Offices Approx 893 sq ft (83 sq m)
Warehouse/ Approx 2,959 sq ft (275 sq m)
Workshop
Con’t
First Floor (GIA)
Office/Stores Approx 4,143 sq ft (385 sq m)
Warehouse
Parking is located to the rear of the property (access Garth Lane) for approximately four vehicles.
Price/Term
The Freehold property is available For Sale with an at an asking price of offers in the region £250,000, alternatively on a To Let basis (terms to be agreed) on new FRI lease terms at an annual rent of £24,950 Per Annum, exclusive. We are advised that the transaction is not subject to VAT.
Legal Costs
Each party to bear their own legal costs, stamp duty and land tax that may be applicable to this transaction.
Rateable Value
We are advised by North East Lincolnshire Council that the Rateable Value is £7,000 per annum. Interested parties are advised to confirm this with the Local Authority. Rateable Values can change and the rates payable can vary due to changes in transitional relief.