- Let to North East Lincolnshire Council until 2033 (No Breaks) +
- Rent Paid Annually in Advance +
- Rent Reviewed inline with the Consumer Price Index (CPI) subject to a minimum of 1% and a maximum of 4% per annum exclusive annually compounded +
- Comprises 29 One and Two Bed Residential Apartments +
- Benefits from Private and Secure Parking for Approximately 21 Cars +
- 1 Mile from Grimsby Town Centre +
- Rental income £286,520 per Annum Exclusive Risng to a Minimum of £304,758.08 and a Maximium of £342,625.86 in July 2028 +
Situation
Grimsby, with a resident population of circa 100,000, is a well established commercial centre for North East Lincolnshire and a major fishing port. The town has excellent communications with road connections to the A180/M180 which provides access to the M18, the Humber Bridge and Humberside International Airport.
The property is situated less than 1 mile west of Grimsby town centre, at the junction of New Haven Terrace and Clavering Street. The surrounding area is predominantly residential with a number of local businesses nearby.
Tenure
Freehold.
Description
The property is a substantial residential apartment block comprising 12 x one bedroom and 17 x two bedroom apartments. The property also benefits from a private and gated car park with space for approximately 21 cars.
VAT
VAT is not applicable to this lot.
EPC
The EPC will be available to view online in the solicitor's legal pack.
For further information, to register your interest in this property and download the legal pack, please visit the Acuitus website.
