High Point Retail Park, Grimsby, DN31 1TY

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REF NUMBER: AI231381

High Point RP Grimsby AY 0924

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High Point Retail Park, Grimsby, DN31 1TY

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Agent's Details

Rian Dunne

T: 07780 209737

Jack Lloyd

T: 07747 883 231

33,070 SqFt

(3,072 SqM)

For Sale £ 4460000
  • Well established retail park in the prime pitch totalling 33,070 sq ft
  • Fully Let to Market Leading Retailers, Currys, Wrem & Dreams
  • Wren have signed agreement for lease
  • Total gross current rent of £395,027 pa
  • Opportunity to install EV car charging points
  • Class E open A1 (non food) planning consent
  • Attractive WAULT of 7.3 years (4.9 years including breaks)
  • Offers in excess of £4,460,000 (Four Million, Found Hundred and Sixty Thousand pounds)

The property comprises a purpose built retail warehouse park constructed in 1997. The park extends to approximately 33,070 sq ft across 3 units arranged as an ‘L’ shaped terrace. The units are of steel portal frame construction with brick external walls under a roof of plastic coated profile metal sheeting.

Curry’s (20,524 sq ft) occupy the unit on the southern boundary of the site adjacent to Victoria Street North, Wren (7,500 sq ft) will occupy the middle unit upon completion of the landlord works and Dreams (5,046 sq ft) occupy the unit on the northern end of the terrace. The landlord is currently modernising and updating the totem signage.

Internally, the units occupied by Currys and Dreams are fitted out to the individual tenants’ latest corporate specification. All 3 units have an eaves height of circa 5.5 metres. The park is accessed via a T junction off the A16 (Victoria Street North). The car park is tarmacadam surfaced and provides approximately 141 parking spaces, giving a good parking ratio of 1:234 sq ft.There are an additional 8 staff parking spaces to the rear of Currys. A dedicated service yard is to the rear of the units.

High Point Retail Park, Grimsby, DN31 1TY

CALL US EMAIL US VIEW MY SHORTLIST

Agent's Details

Rian Dunne

T: 07780 209737

Jack Lloyd

T: 07747 883 231

Location

High Point Retail Park is prominently positioned on the western side of Victoria Street North (A16), which is the main thoroughfare into Grimsby and Cleethorpes and is easily accessible from the town centre. Victoria Street North forms the principal retail warehouse pitch and leads via Victoria Street South to the town centre, approximately 1 mile to the south.
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