For SaleVia PPH Commercial

4 & 6 Trinity Street

Grimsby, North East Lincolnshire, DN31 3AN

£350k
OIEO
£24k
Income P.A.
2
Freehold Units

Two self-contained fish processing facilities offered for sale as a pair. Unit 4 is currently tenanted producing £24,000 per annum. Unit 6 is vacant and available for owner occupation or income generation. Offers in excess of £350,000.

4 Trinity Street exterior
1 / 5
Current Income
£2,000 pcm
£24,000 per annum from Unit 4
Total Floor Area
2,956 – 6,383 sq ft
275 – 593 sq m
Tenure
Freehold
Both units included
Potential Yield
13.7%
If both units let at market rent
Property Details

The Units

4 Trinity Street exterior
1 / 3

4 Trinity Street

Fish Processing Unit — Currently Let

Income Producing£2,000 pcm

Self-contained fish processing facility comprising entrance lobby leading to staff facilities together with a production area with surfaced/drained floors, white hygiene panels to walls and ceilings, and food grade lighting.

Loading area with electric roller shutter and speed door. Cold store on ground floor. First floor office and staff changing area. Separate mains services and security alarm.

Surfaced & drained production floors
White hygiene panels to walls & ceilings
Food grade lighting throughout
Electric roller shutter & speed door
Cold store
First floor office & changing area
Separate mains services
Security alarm system
6 Trinity Street exterior — Historic Smokehouse
1 / 2

6 Trinity Street

Historic Smokehouse — Vacant, Requires Refurbishment

Requires RefurbishmentPotential £2,000 pcm post-refurb

Main factory area with loading area to the front with roller shutter door access, together with further production area to the side and plant room to the rear.

First floor comprises a range of offices, staff canteen, changing rooms and WC facilities. The unit requires refurbishment and modernisation but offers significant potential for owner occupation or income generation once improved.

Main factory area with loading bay
Roller shutter door access
Additional production area to side
Plant room to rear
First floor offices
Staff canteen & changing rooms
WC facilities
Significant refurbishment potential

Income & Yield Profile

UnitRent (pcm)Rent (p.a.)Status
4 Trinity Street£2,000£24,000Currently paying
6 Trinity Street£2,000£24,000Post-refurbishment potential
Total (Potential)£4,000£48,00013.7% potential yield

Based on asking price of £350,000 OIEO. Unit 6 rental estimate subject to refurbishment.

Also Available

Full Grimsby Portfolio

These units also form part of a larger four-property portfolio available as a single transaction at £895,000.

Grimsby Commercial Property Portfolio

4 freehold units — 6 Humber Street + 4, 5 & 6 Trinity Street — £895,000

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Enquiries

Contact the Agents

Selling Agent

PPH Commercial

View PPH Listing
Vendor

Felstead Commercial Ltd

Head Office
Wilson House, Brooklyn Road,
Seaford, East Sussex. BN25 2DX