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Buzz Bingo Grimsby, Pasture Street, Grimsby, Lincolnshire, DN32

Offers in Excess of
£2,990,000

£141.22 per sq ft

Business rates & charges may apply

CBRE Ltd, London (Licensed, Leisure & Hotel Property)
SIZE AVAILABLE

21,173 sq ft

1,967 sq m

SECTOR

Leisure facility for sale

Floor/Site plan 1
1

Key features

  • Prime Long Leasehold Leisure Investment let to Buzz Group Ltd
  • The property is held as Leasehold with 965 years unexpired at a peppercorn rent
  • Well located east of Grimsby town backing onto residential housing, with a large potential customer base within walking distance
  • FRI Lease to Buzz Group Ltd. Unexpired term of 15.25 years. Expiry 18th December 2039
  • Current rent of £335,366 p.a. (£15.84 psf). Annual December RPI uplifts collared and capped at 1% and 4%
  • The property extends 21,173 sq ft (1,967 sq m) on a 2.04 acre (0.81 hectares) site

Description

LOCATION
Buzz Bingo Blackburn is located on Pasture Street, approximately 0.5 miles east of the city centre.
The property benefits from excellent connectivity given its proximity to the A16 and A180, a major arterial road connecting Grimsby, Immingham and Waltham to the M180. The club is within walking distance from Grimsby Town station, providing services to Liverpool, Sheffield and Leicester. Parking is also available for customers on site.

SITUATION
The property is situated to the east of Grimsby town in a mixed-use area of retail warehouses, light industrial and residential properties. The property shares a site with, Topps Tiles, Time4Play, B&Q and Halfords, with an Asda and Tesco Extra close by to the North.

PROPERTY DESCRIPTION
The property is a converted retail warehouse unit of steel portal frame construction that extends 21,173 sq ft on a 2.04-acre site. Internally, the property comprises AWP area and large bingo hall with diner and bar. The property shares a central retail park car, consisting of approximately 200 spaces.

Brochures

Buzz Bingo Grimsby, Pasture Street, Grimsby, Lincolnshire, DN32

Open map

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Grimsby Town Station0.4 miles
  • Grimsby Docks Station0.6 miles
  • New Clee Station1.0 miles

About CBRE Ltd, London (Licensed, Leisure & Hotel Property)

Henrietta House Henrietta Place, London, W1G 0NB

With an integrated network of over 300 wholly owned offices in more than 50 countries, our commercial property consultants advise more clients globally than any other commercial property adviser.

We work with occupiers, investors and developers of office, industrial, residential, retail and hotel property, providing strategic advice and execution for sales and leasing; tenant representation; corporate services; facilities, property and project management; appraisal and valuation; development services; investment management; energy and sustainability services, and research and consulting. To provide this service in the UK alone we have approximately 1,600 people with offices in Aberdeen, Belfast, Birmingham, Bristol, Edinburgh, Glasgow, Jersey, Leeds, Liverpool, London, Manchester, Sheffield and Southampton.

Notes

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Disclaimer - Property reference Buzz_Bingo_Grimsby. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by CBRE Ltd, London (Licensed, Leisure & Hotel Property). Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Map data ©OpenStreetMap contributors.

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