A converted former hotel with impressive frontage and large on-site customer car parking currently well let to excellent covenant, Tesco Stores Ltd. The upper floors which are included within the area demised to Tesco have not been inspected. The Market Wine Shop is a single storey building with brick elevations and flat roof, situated adjacent the Tesco Store and benefits from shared parking.
The property is located within a medium to high density residential area, a short distance to the west of the main town centre. The property holds a prominent trading location on the roundabout intersection at the end of Yarborough Road (A1136) which acts as a busy thoroughfare leading to the A180, the main Grimsby route. This is a busy neighbourhood retail location with other nearby occupiers including Lidl and Toyota.
Offers are invited for the freehold in excess of £830,000 reflecting a NIY of 7.06% allowing for typical purchaser’s costs.
To view the premises and for any additional information please contact the sole agents.
Each party is to be responsible for their own legal costs incurred in documenting the transaction.