96-98 Victoria Street, Grimsby
Acting on behalf of a private client, we have concluded the sale of a retail investment on Victoria Street, Grimsby.
The premises were let to the BBC, earlier this month. The ground floor unit was let on a fifteen year lease, expiring in October 2017 at the current passing rent of £21,750 per annum. The sale price of £300,000 reflects a net initial yield of 6.92%.
