Auction House UK · 19 Oct 2026 · today
26a Wellowgate, Grimsby DN32 0RA
26a Wellowgate, Grimsby DN32 0RA · Yorkshire and the Humber
LiveMixed-useLeasehold
- Guide
- £40,000
- Rent a year
- ≈£4,200est.
- Yield on the guide
- ≈10.5%est.
- Payback
- ≈9.5 yrs
- Net yield, after buying costs
- 🔒 With access
- Likely to sell for
- 🔒 With access
- Energy rating
- C
What it costs to own
The price is only part of it. Every auction house adds a buyer's fee, and you pay stamp duty and a solicitor. Net yield is the rent over all of it.
The cost breakdown and net yield: included with access, £49 a month. Start with a free account.
Create an accountWhat it's likely to sell for
From what comparable lots actually sold for against their guide, in Cornerlot's results.
The likely sale range: included with access, £49 a month. Start with a free account.
Create an accountEnergy rating
- A
- B
- C
- D
- E
- F
- G
C from the government EPC register, lodged 13 Jun 2022 (certificate 8374-8005-2210-9924-4949). Meets today's minimum for letting commercial property in England and Wales (E or better).
How it compares
Market comparisons: included with access, £49 a month. Start with a free account.
Create an accountHistory
- First listed on Cornerlot 11 Oct 2026.
Auction House UK's record
Auction House UK's results: included with access, £49 a month. Start with a free account.
Create an accountAbout the lot
Leasehold mixed use lot in Grimsby.
Lot 7, Commercial Property. Situation The property is situate on Wellowgate, in central Grimsby within 5 minutes walk to Freshney Place Shopping Centre. The train station and a further wide range of facilities and amenities are also within close proximity. Grimsby itself offers excellent access to the surrounding area and M180 road network. Description A well proportioned and appointed commercial unit available for sale by auction. The unit has an electric shutter covering the front and offers a spacious main sales area that can be suitable for a range of business requirements, a further single room, along with a kitchen area and toilet all to the rear. Potential income of circa £12,000 per annum. Tenure: Leasehold. 125 years from 1 March 1993. Accommodation: Shop Floor: 30' 1'' x 20' 3'' (9.16m x 6.17m) Kitchen: 7' 2'' x 5' 10'' (2.18m x 1.79m) WC: 5' 10'' x 4' 11'' (1.79m x 1.50m) Utility Room: 8' 2'' x 5' 10'' (2.48m x 1.79m). Agent Note: Please note that VAT is chargeable on the purchase price of this property. Material Information: Tenure: The property is leasehold. All prospective bidders should satisfy themselves of terms of the tenure, ground rent and service charge if applicable, by inspecting the legal pack. Council Tax: The property falls within North East Lincolnshire Council Viewing: Strictly by appointment with Auction House. Services: Prospective purchasers are advised to make their own enquiries of the relevant statutory authorities. NB: Services, Apparatus and Equipment have not been tested by Auction House and therefore cannot be verified as being in working order. The buyer is advised to obtain verification from their Solicitor/Surveyor. These particulars are believed to be correct but their accuracy is not guaranteed and they do not form any part of any contract. Information relating to Rating and Town and Country Planning matters has been obtained by verbal enquiry only. Prospective purchasers are advised to make their own enquiries of the appropriate Authority. Information relating to Phone & Broadband can be found by visiting Ofcom. All measurements, areas and distances are approximate only. Potential purchasers are advised to check them. Any potential rental incomes are approximate based on Rightmove data at the time of preparing the details and bidders are advised to check with a local agent for an accurate valuation. Services: Interested parties are invited to make their own enquiries to the relevant authorities as to the availability of the services.
Figures come from Auction House UK's published lot details and Cornerlot's own record of UK auction results. They're calculations, not advice or a valuation: read the legal pack and take professional advice before you bid.