- • VIDEO VIEWING AVAILABLE
- • Prominent Position In Cleethorpes
- • Mixed Use Building For Sale - Part Tenanted
- • Including Part Commercial & Part Residentail
- • Immediate Income
3 Bedroom Mixed Use for sale in Cleethorpes
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Jackson, Green and Preston are delighted to offer to the market this mixed-use building, located in the heart of Cleethorpes. The property is within short distance to Cleethorpes seafront and town centre and is situated on the well-established Grimsby Road, which is a main arterial road linking Grimsby and Cleethorpes and the A180/M180. As such, the property enjoys a high degree of passing traffic.
The premises briefly comprises a main retail/ office area approximately 25 sqm/ 269 sqft, a storage room, kitchenette and w.c. There are also two flats included, both of which are currently tenanted, the ground-floor flat is receiving £495 PCM and the first-floor flat £600 PCM, totalling £13,140 and generating a yield of 7.3%. The commercial element is currently vacant but being advertised for £500 PCM. Once fully-let, the yield that could be achieved is 10.63%.
This is a fantastic opportunity for a potential investor that is looking to receive an income from day one.
Important Information
- This is a Freehold property.
- This Council Tax band for this property is: C
- EPC Rating is D
Property Ref: b1b69dfd-ff6d-4885-a98f-800ab2682377
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Jackson Green & Preston (Grimsby)
19 West Saint Marys Gate, Grimsby, Lincolnshire, DN31 1LE
01472 311 113
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