Next auction Thursday 20th June 2.30PM

63 Kent Street, Grimsby, North East Lincolnshire, DN32 7DH

Guide price


Property Type


Key Features

  • An opportunity to acquire a Long Leasehold ground floor retail unit measuring circa 565 sq ft
  • Let and producing £375 pcm(£4,5400 per annum)
  • A high yielding investment opportunity

Part of the 22 June 2023 auction
The Nottingham Racecourse at 2.30PM

An opportunity to acquire a retail investment property located in the heart of Grimsby town centre. Let and producing £375 pcm (£4,500 pa)

  • Located on the East side of Freeman Street in the town centre
  • Within a larger block of similar retail units
  • Adjacent to the newly constructed YMCA building
  • Easy access to the A180/M180 off Cleethorpe Road
  • A 2 minute walk from Grimsby Dock Train Station
  • Close to Tesco Extra, Asda, B&Q, Starbcuks & Currys etc
  • Broadly rectangular ground floor retail unit
  • Ground floor sales area circa 534 sq ft
  • Ground floor kitchen circa 31 sq ft
  • Modern Shop front with full height glazing/central door
  • Benefits from a key fob operated security shutter
  • Suspended ceilings, slatted panels to the walls
  • Separate W/C
  • A high yielding investment opportunity

Contact Auction Estates on 0115 7844 600


A buyer's premium of £1,440 inc VAT (£720 inc VAT if the sale price is less than £10,000) is applicable to each lot purchased. The Seller may charge additional fees payable upon completion. If applicable, such fees are detailed within the Special Conditions of sale. Buyers are deemed to bid in full knowledge of this.

Guide Prices and Reserve Prices

Each property sold is subject to a Reserve Price. The Reserve Price, which is agreed between the seller and the auctioneer just prior to the auction, would ordinarily be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. Both the Guide Price and the Reserve Price can be subject to change up to and including the day of the auction.

Conditions of Sale

The Conditions of Sale will be deposited at the offices of the auctioneers and vendors solicitors/licensed conveyancers seven days prior to sale and the purchaser shall be deemed to have knowledge of same whether inspected or not. Any questions relating to them must be raised prior to 11.30 am. Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.

The purchaser will also be deemed to have read and understood the auction conduct notes printed within the sale catalogue.

Held on a Long Leasehold basis with approximately 900 years left (Refer to Legal Pack). Let and producing £375 pcm (£4,500 per annum)

Refer to Legal Pack

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