This substantial industrial unit totals approximately 1,387 sq m (14,932 sq ft) and is offered for sale with vacant possession via traditional auction. Sure to appeal to any investors and local business owners willing to speculate a little in order to recoup some larger potential returns. The property is located in the heartlands of the Grimsby docks but also has two train stations and a number of local amenities within walking distance. Unfortunately, viewings will not be possible prior to the auction due to the presence of asbestos which the buyer will become liable for. The internal photographs were taken before our involvement in 2023. We understand the property is sold subject to two separate leasehold titles both of which are for 99 years but with commencement dates of 1955 and 1959. Interested parties are advised to read the legal pack for further clarity. Leasehold Information: Service Charge: None Ground Rent: £163 per annum. Please note: North East Lincolnshire Council has stipulated certain conditions for it provide consent to the assignment of the leases ? please refer to the auction pack.

Ground Floor

Industrial floor space and office space

Addtional Information

Tenure

Leasehold

Disclaimer

Any information in relation to the length of lease, service charge, ground rent and council tax has been confirmed by our sellers. We advise buyers to make their own enquiries through their solicitors to verify that the information provided is accurate and not been subject to any change.

Charges and Payments

In addition to the deposit Administration Charge: 0.9% inc VAT of the purchase price subject to a minimum of £1,500 inc VAT. Buyer's Premium: £3,600 inc VAT.

Additional Fees

Administration Charge - See above

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.