£125,000

Retail premises for sale

  1.  Photo 1

£125,000

(£71.88/sq. ft)

Retail premises for sale

Alexandra Road, Grimsby, Lincolnshire DN31

1,739 sq. ft

Local area information

Property location

Nearby amenities

  • Ormiston South Parade Academy 0.1 miles
  • Grimsby Town 0.2 miles
  • St James' School 0.5 miles
  • Grimsby Docks 0.7 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guide for Grimsby to find out more about the local area.

Features and description

  • First floor suitable for conversion to 3 flats
  • Ground floor extends to 148 sq (1,739 sq ft) overall
  • Planning permission granted Aug 2019 (now lapsed)
  • Current income £9,600 p.a.
The property provides retail accommodation to the front with ancillary storage behind with rear access doors. The property enjoys good visibility to traffic on Frederick Ward Way and serves a dense residential population in the immediate vicinity, together with nearby primary school. 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.

The town of Grimsby forms part of the larger Grimsby and Cleethorpes conurbation with a population of approximately 88,250. The town is approximately 27 miles east of Scunthorpe and 32 miles east of Kington-upon-Hull. The premises are situated on the west side of Alexandra Road adjacent to Frederick Ward Way on the fringe of Grimsby town centre and immediately opposite the Freshney Place Shopping Centre.

The premises are offered For Sale at a guide price of £125,000

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  1. Zoopla
  2. Commercial for sale
  3. North East Lincolnshire
  4. Grimsby
  5. Alexandra Road