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Hainton Avenue, Grimsby

£215,000

Commercial Property For Sale in Hainton Avenue, Grimsby

This is a superb mixed use development/investment opportunity within close proximity of Grimsby Town Centre. The ground floor is currently let on a 6 year lease at £5,300pa with a stepped rent increasing to £9,800pa throughout the term. The first floor accommodation has been utilised as office space, however, full planning permission has now been granted for 7 x 1 bedroom apartments. Planning application number DM/0027/17/FUL. Car park to the rear with vehicle access from Hainton Avenue with potential scope for further development. AN EXCELLENT DEVELOPMENT OPPORTUNITY NOT TO BE MISSED. - £215,000

Jackson Green & Preston are delighted to bring to the market this superb mixed development/investment opportunity within close proximity of Grimsby Town Centre.The ground floor is currently let on a new 6 year lease at £5,200 per annum (from 7th June 2017) with a stepped rent increasing to £9,800 per annum throughout the term.The first floor accommodation has been utilised as office space, however, full planning permission has recently been granted for 7, one bedroomed apartments.The residential development scheme comprises 7, one bedroomed apartments which will have two separate entrances on the northern elevation, We understand a locally based charity are interested in leasing all seven apartments at a total rent of circa £31,000 per annum upon completion of the scheme (any purchaser would need to assure themselves this offer was upstanding prior to completion).Full details of planning permission, plans and decision notices can be viewed online via the North East Lincolnshire Council planning portal. Application number DN/0027/17/FUL.There is a car park to the rear of the property with vehicular access direct from Hainton Avenue. There may also be scope for further development on the car park area subject to the necessary consent. Any interested parties should make further enquiries with the local planning authority.AN EXCELLENT DEVELOPMENT/INVESTMENT OPPORT... Read more

Property Features

  • Excellent Development/Investment Opportunity
  • Ground Floor Retail Leased For A Term Of 6 Years
  • Full Planning Permission For 7 x 1 Bedroomed Flats To First Floor
  • Car Park To Rear Potential Scope For Further Development
  • Close Proximity To Grimsby Town Centre

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Jackson Green & Preston

19 West Saint Marys Gate
Grimsby
Lincolnshire
DN31 1LE
United Kingdom

T: 01472 311 113
E: enquiries@jacksongreenpreston.co.uk

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