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Grimsby, East Lincolnshire, UK



The property is located at a very prominent position on the major route into Grimsby from the West, is a year old having been developed to Wickes requirements, comprises 27 061 sqft of ground floor retail warehouse plus office areas and a mezzanine provided by Wickes at their cost per their standard specifications. The property is let to Wickes Building Supplies Limited on a 20 year lease expiring 30 April 2035. Wickes, which is listed on the London Stock Exchange, has a business focus on DIY stores, home improvement and garden centre retailing.


Grimsby, East Lincolnshire, UK

Building use

A single storey, modern stand alone retail warehouse with upper level showroom and office mezzanine areas

Size of building

27 061 square foot (including mezzanine areas) (site cover of 28%)


Wickes Building Supplies Limited

Lease expiry date

30 April 2035, with tenant break in April 2030 subject to 6 months advance notice

Acquisition yield


Type of lease

Fully repairing and insuring (ie tenant responsible for all operating costs), upwards only 5 yearly rental reviews capped at 3.0% pa compound


Further holdings

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