• Fantastic Investment Opportunity
  • Range Of Commercial & Residential Properties
  • Open Lounge / Pool Room
  • Four Shop's (All let)
  • Two 2-Bedroom First Floor Flats (Both currently let)
  • EPC Rating: D
  • For sale by auction ? T & C's apply
  • Subject to an undisclosed Reserve Price
  • Reservation Fee applicable
  • The Modern Method of Auction
DDM PROPERTY AUCTION : For sale by Modern Method of Auction: Starting Bid Price £340,000 plus reservation fee.

FANTASIC INVESTMENT OPPURTUNITY
DDM Residential are pleased to market via the modern method of auction a fantastic investment opportunity.

Believed to have been built around 1878 and linked to the formation of Grimsby town F.C, this fantastic investment offers the chance to own a piece of Grimsby heritage.

The property consists of a range of commercial and residential properties located within the bustling ?Freeman street? retail area.
The commercial element of the property comprises of popular public house with open lounge/ pool room and cellar, with 2-bedroom managers flat above.

The four shops currently all let, front onto Freeman Street and have access to private parking at the rear. The residential side of the property comprises of 2 x 2-bedroom first floor flats (currently let) each having their own rear access.

This portfolio is now being sold due to our client?s personal commitments. Further details of rent currently achieved can be obtained from DDM Residential.


This property is for sale by DDM Property Auction powered by iam-sold Ltd.

AUCTIONEER'S COMMENTS
This property is for sale by the Modern Method of Auction which is not to be confused with Traditional auction. The Modern Method of Auction is a flexible buyer friendly method of purchase. We do not require the purchaser to exchange contracts immediately, but grant 28 days to achieve exchange of contracts from the date the buyer's solicitor is in receipt of the draft contracts and a further 28 days thereafter to complete. Allowing the additional time to exchange on the property means interested parties can proceed with traditional residential finance. Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer will be required to put down a non-refundable Reservation Fee of 3.5% subject to a minimum of £5,000 plus VAT (£6,000 including VAT) which secures the transaction and takes the property off the market. The buyer will be required to sign an Acknowledgement of Reservation form to confirm acceptance of terms prior to solicitors being instructed. Copies of the Reservation form and all terms and conditions can be found in the Legal Pack which can be downloaded for free from the auction section of our website or requested from our Auction Department.
Please note this property is subject to an undisclosed Reserve Price which is generally no more than 10% in excess of the Starting Bid. Both the Starting Bid and Reserve Price can be subject to change. Terms and conditions apply to the Modern Method of Auction, which is operated by DDM Property Auction powered by iam-sold Ltd.

TO VIEW OR MAKE A BID ? Contact DDM Residential on 01472 358671 or visit: www.northlincolnshirepropertyauction.co.uk

PUBLIC HOUSE

LOUNGE / POOL AREA 13.303 x 10.343. With dual aspect windows and timber porch door to the side aspect, Gas central heating, fully fitted bar with access to cellar, male and female toilets, door to beer garden and a secure enclosed carpark. There is also access via timber gate to beer garden.

FIRST FLOOR LANDING    Doors to two bedroom apartment and separate office.

OFFICE 14'9" x 12'1" (4.5m x 3.68m). With a window to the front elevation, neutrally decorated and carpeted.

FLAT    Having access to two bedrooms, bathroom, reception three and roof terrace.

LOUNGE 18'5" x 15'3" (5.61m x 4.65m). With dual aspect windows, carpeted, wall mounted radiator and neutrally decorated.

KITCHEN 6'11" x 11'9" (2.1m x 3.58m). With a window to the side elevation, range of wall and base units with complimentary roll over work surface, incorporates a four ring gas cooker, chrome extractor fan over, oven/grill under, stainless steel sink and drainer, space for under counter fridge and freezer, plumbing for washing machine and open to dining room.

DINING ROOM 7'1" x 12'1" (2.16m x 3.68m). With window to the rear elevation, wall mounted radiator and neutrally decorated.

RECEPTION THREE 11'7" x 15'1" (3.53m x 4.6m). Having windows to the side elevation, carpeted, wall mounted radiator, tiled fireplace, (no fire in situ).

BEDROOM ONE 11'1" x 11'11" (3.38m x 3.63m). With window to the side elevation, wall mounted radiator, carpeted and neutrally decorated.

BEDROOM TWO 12'5" x 8'1" (3.78m x 2.46m). With window to the rear elevation, carpet and radiator.

FLAT ONE (Currently let)    Accessed via the enclosed rear carpark, via a timber door, wrought iron staircase, courtyard and brick built outbuilding and onwards to the front door.

ENTRANCE HALLWAY    With doors leading to lounge, kitchen, two bedrooms and bathroom.

LOUNGE 12'2" x 11'9" (3.7m x 3.58m). With laminate flooring, wall mounted radiator, ceiling fan with light, double glazing to the front elevation.

KITCHEN 7'7" x 9'4" (2.31m x 2.84m). With a range of wall and base units, complimentary roll over work surface, incorporates a four ring gas cooker with extractor fan over, oven/grill under, stainless steel sink and drainer, space for fridge freezer and plumbing for washing machine and window to the rear elevation.

BEDROOM ONE 11'9"x x 9' (3.58mx x 2.74m). With window to the front elevation, wall mounted radiator and built in cupboard and neutrally decorated.

BEDROOM TWO 12'2" x 11'9" (3.7m x 3.58m). With window to the rear elevation, wall mounted radiator and carpeted.

BATHROOM 5'5" x 7'4" (1.65m x 2.24m). With panelled bath with mixer tap, shower attachment over, low flush w.c, pedestal hand wash basin and tiled walls.

FLAT TWO (Currently let)    Accessed via a secure carpark to the rear, leads to timber door and staircase to the first floor.

FIRST FLOOR LANDING    With doors leading to lounge, two bedrooms, kitchen and bathroom.

LOUNGE 12'4" x 11'8" (3.76m x 3.56m). With window to the front elevation, carpeted and tastefully decorated.

KITCHEN 6'4" x 12'3" (1.93m x 3.73m). Boasting a range of matching wall and base units with complimentary roll over work surface, incorporates a stainless steel sink and drainer, space for cooker and fridge freezer, window to the rear elevation and store cupboard.

BEDROOM ONE 11'9" x 12'6" (3.58m x 3.8m). With window to the front elevation, carpeted, wall mounted radiator and built in cupboard.

BEDROOM TWO 9' x 12'2" (2.74m x 3.7m). With window to the rear elevation, carpeted and neutrally decorated.

BATHROOM    With panelled bath and mixer tap, low flush w.c, wall mounted basin, obscured window to the rear elevation and wall mounted radiator.

SHOP 1 (Currently let) 23'7" x 21'5" (7.19m x 6.53m). Comprising of L-Shaped shop floor, rear office and W/C. Doors leading to office/kitchen.

KITCHEN / OFFICE 6'10" x 5'9" (2.08m x 1.75m).

W.C 7'2" x 3'9" (2.18m x 1.14m). With wall mounted basin.

WORKSHOP 6'11" x 11'2" (2.1m x 3.4m).

SHOP 2 (Currently let)    Comprises of shop floor 4.060 x 3.508, workshop 4.446 x 3.533, store room / kitchen 3.388 x 4.290, W/C with wall mounted basin, 2.047m x0.97.

SHOP 3 (Currently let)    Comprises of shop floor with fitting room 7.357 x 3.256, store room 3.256 x 1.141 and W/C with wall mounted basin, 0.977m x 1.906m.

SHOP 4 (Currently let)    Comprises of shop floor 6.962m x 3.589m, store room and W/C with wall mounted basin, 1.900m x 1.090m.

EXTERNALLY    To the rear of the property having an enclosed and secure carpark with wrought iron gate giving access to parking for multiple vehicles and separate enclosed beer garden accessible from the public house.



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