Frederick Ward Way | Grimsby DN31 1FB
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Frederick Ward Way
Grimsby DN31 1FB
Imperial House & Riverhead · Property For Sale · 100,096 SF Total
Investment Highlights
- Situated in a mixed commercial and retailing area in Grimsby Town Centre.
- Vacant Freehold (part leasehold).
- On behalf of Joint Receivers.
- Landmark town centre repositioning opportunity with prior approval for the conversion of Imperial House to 24 residential flats and scope for a variet
Executive Summary
The property sits within a mixed retail and commercial area overlooking Riverhead Square, Frederick Ward Way and Victoria Street within the town centre. Freshney Place Shopping Centre is situated opposite the property and is home to an extensive lineup of local and national retailers.
Other nearby occupiers include multiple supermarkets such as Tesco, Asda and Sainsbury’s. The property benefits from Grimsby Town’s strong public transport infrastructure, as it sits a mere 7-minute walk from Grimsby Town train station and adjacent the main town centre bus terminal.
Additionally, the property benefits from the Local Authority’s ongoing development and revitalisation efforts aimed at boosting the town’s economic activity and community engagement. A commercial premises situated in amongst such levels of development represents an exciting opportunity to benefit from and contribute to this activity, boosting occupier demand and helping to create a vibrant mixed-use environment.
Other nearby occupiers include multiple supermarkets such as Tesco, Asda and Sainsbury’s. The property benefits from Grimsby Town’s strong public transport infrastructure, as it sits a mere 7-minute walk from Grimsby Town train station and adjacent the main town centre bus terminal.
Additionally, the property benefits from the Local Authority’s ongoing development and revitalisation efforts aimed at boosting the town’s economic activity and community engagement. A commercial premises situated in amongst such levels of development represents an exciting opportunity to benefit from and contribute to this activity, boosting occupier demand and helping to create a vibrant mixed-use environment.
PROPERTY FACTS
| Sale Conditions | Redevelopment Project | Individually For Sale | 0 |
| Sale Type | Investment | Total Building Size | 100,096 SF |
| Status | Active | Total Land Area | 1.46 AC |
| Number of Properties | 2 |
| Sale Conditions | Redevelopment Project |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 100,096 SF |
| Total Land Area | 1.46 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
Riverhead
Frederick Ward Way, Grimsby DN31 1FB |
Retail | 73,576 SF | 2000 | - |
|
Imperial House
77 Victoria St, Grimsby DN31 1DB |
Office | 26,520 SF | 1985 | - |
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