A Freehold Corner Building Arranged as a Vacant Shop and a First Floor Flat. The Flat is Sold Off on a Long Lease with a Peppercorn Ground Rent. Potential to Convert to Residential (Subject to Obtaining all Relevant Consents).
The property comprises an end of terrace corner building providing a ground floor lock up shop and a first floor flat (sold off). The flat benefits from its own access.
The property occupies a prominent position at the corner of Lord Street and Ripon Street in a predominantly residential area approximately 0.25 mile from Grimsby town centre. Transport links are provided by Grimsby Town rail station.
Ground Floor Shop Area: 37 sq m (400 sq ft) First Floor Flat sold off on a 999 year lease from 2008 at a peppercorn ground rent. Freeholder manages and insures the building.
The property benefits from a rear yard.
Auction House London has not inspected the property. All information has been supplied by the vendor.
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.
Administration Charge - Purchasers will be required to pay an administration fee of £900 inc VAT
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.