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18 Victoria Street & 5 West St Marys Gat 2 Retail Properties Offered at $558,646 CAD in Grimsby
INVESTMENT HIGHLIGHTS
- Prime location
- Additional separate retail unit
- Three-storey retail property
EXECUTIVE SUMMARY
The town of Grimsby forms part of the larger Grimsby and Cleethorpes conurbation with a population of approximately 88,250. The town is
situated approximately 27 miles east of Scunthorpe and 32 miles south-east of Kingston-Upon-Hull. In recent years, Grimsby has
experienced considerable investment following the large offshore wind farm projects with further investment anticipated following the
establishment of the Renewable Energy Centre at the Grimsby Institute for Further Education and proposed phase 2 of the Hornsea Project.
The property is located on the southern side of the pedestrianised Victoria Street West, forming part of the main retailing are in the town
centre. Internally, the property comprises a retail unit incorporating, a ground floor retail area with offices with storage and ancillary
accommodation over the remaining floors.
An additional retail unit fronting West St Marys Gate is available to sublet and provides separate open plan retail accommodation.
Nearby occupiers include the Bodyshop, McDonalds and Barclays Bank.
situated approximately 27 miles east of Scunthorpe and 32 miles south-east of Kingston-Upon-Hull. In recent years, Grimsby has
experienced considerable investment following the large offshore wind farm projects with further investment anticipated following the
establishment of the Renewable Energy Centre at the Grimsby Institute for Further Education and proposed phase 2 of the Hornsea Project.
The property is located on the southern side of the pedestrianised Victoria Street West, forming part of the main retailing are in the town
centre. Internally, the property comprises a retail unit incorporating, a ground floor retail area with offices with storage and ancillary
accommodation over the remaining floors.
An additional retail unit fronting West St Marys Gate is available to sublet and provides separate open plan retail accommodation.
Nearby occupiers include the Bodyshop, McDonalds and Barclays Bank.
PROPERTY FACTS
| Price | $558,646 CAD | Number of Properties | 2 |
| Price / SF | $245.34 CAD / SF | Individually For Sale | 0 |
| Cap Rate | 11.73% | Total Building Size | 2,277 SF |
| Sale Type | Investment | Total Land Area | 0.04 AC |
| Status | Active |
| Price | $558,646 CAD |
| Price / SF | $245.34 CAD / SF |
| Cap Rate | 11.73% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 2,277 SF |
| Total Land Area | 0.04 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 18 Victoria St, Grimsby DN31 1DG | Retail | 2,152 SF | 1928 | - |
| 5 West St. Marys Gate, Grimsby DN31 1LB | Retail | 125 SF | 1950 | - |
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18 Victoria Street & 5 West St Marys Gat
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