Block of Apartments in Grimsby
1-3 Dudley Street, Grimsby DN31 2AW
- Property Type: Block of Apartments
- Contract Type: Unconditional with Variable Fee
Guide Price* £325,000 plus fees
Property Description
DRAFT DETAILS Very substantial and large building in a very central and prominent position in Grimsby with planning permission for 9 apartments. The property is situated on Dudley Street Grimsby which is a major Trunk road leading to all parts of the Town including the centre which is less then a mile away, so in regards to location you cannot be in a more prime position for every opportunity. The building on approach is what can be only described as commanding and bold. The surrounding land to give you a idea wraps around the site which approximately would be suitable to accommodate 20 or more parking spaces. Once you enter the building it quickly becomes apparent why the approximate square footage is 7500 with the overall room count at 30 which were formerly used for a whole host of tasks . The ground floor at present is mixture of different sized rooms with the front area being the focal point at present and the first floor following in the same theme. The building and its sheer enormity can on be only truly visualised with a internal inspection, however we must stress it won’t be a short visit as described it is a maze of rooms all with plenty and scope and space. The property has full approved planning for 6 x One Bedroom self contained Apartments, 2 x Two Bedroom Apartments and finally 1 x 3 Bedroom apartment which would give any developer a healthy return on any investment if they wish to simply convert this truly iconic local building and either sell the apartments or go down the rental route. Discharge of planning conditions has commenced. The building has super potential in a very busy and ever growing local community with the constant investment in local commerce from large corporates. This ideal building could and would certainly be a safe property investment - it all depends on the hands that grasp it with a guide price of £350,000.00 it really is a unique opportunity . First to see will buy. Viewing strictly via the Agent Planning Details: North East Lincolnshire Council Application number: DM/0552/20/FUL
Tenure
Freehold
- Buyer’s Fee- payable on exchange of contracts. This is calculated as a percentage of the actual purchase price of the property. Either:
- Buyer’s Fee of £7,200- 4.8% of guide price
- Deposit of £7,500- 5% of the guide price
- £960 for Buyer’s Fee shortfall (£8160 due as 4.8% of actual purchase price)
- £1,000 for Deposit shortfall (£8500 due as 5% of actual purchase price)
Lot Information
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