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Industrial Investment for Auction Grimsby DN31
Auction Date
26 February 2025
Guide Price
£650,000
Property Summary
Guide Price £650,000+. Current rental £51,700pa (c £100,000 when fully let). A site of just over one acre comprising 14 individual industrial units in three separate blocks. The estate was built in the mid 1980s to encourage growth in the light industrial sector amongst small businesses and currently 7 of the 14 units are let with annual rents varying between £3,250 and £12,000. Improvement work is required but considerable potential is offered to enhance the property as an investment.
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