Riby Street, Grimsby, DN31 3HF0 Bedroom Industrial
Council Tax
Band: Unknown
Tenure
Leasehold
Lease Expiry
Unknown
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.
Additional Information
Ground Floor
Industrial floor space and office space
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.
Disbursements
Any additional disbursements payable by the purchaser are yet to be confirmed by the vendor’s solicitor. For more details, please see the legal pack.
Guide Price
Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
Council Tax
Band: Unknown
Tenure
Leasehold
Lease Expiry
Unknown
Key Features
- For sale by auction on the 23rd October 2024
- Guide price £1 +
- Substantial industrial unit
- Totalling approx. 14,932 sq ft
- Heart of Grimsby Docks
- Offered with vacant possession
Description
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.
Additional Information
Ground Floor
Industrial floor space and office space
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.
Disbursements
Any additional disbursements payable by the purchaser are yet to be confirmed by the vendor’s solicitor. For more details, please see the legal pack.
Guide Price
Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
