Market Street, Cleethorpes, DN35

£300,000

Mixed Use for sale in Cleethorpes

  • • Investment Property For Sale
  • • The Ground Floor Is Currently Occupied By "Me2Raj Restaurant" Paying £1,200 PC
  • • Freehold Property
  • • Prominent Position In Cleethorpes
  • • 2 Flats Acheiving £1,150 PCM But Will Be Vacant Upon Completion

Jackson, Green and Preston are delighted to offer to the market this mixed-used property, which would be a great addition to any investors portfolio. The property comprises a ground-floor commercial element, which is currently occupied by the well established Me2Raj restaurant, with an additional two flats above. The ground-floor is currently achieving £1,300 Per Calendar Month, and should the investment be fully tenanted, we anticipate the property to achieve around £28,200 Per Annum, which would equate to a Gross Initial Yield of 8.81%. *Please note, both flats are currently occupied by the owners and will be sold vacant upon completion* A fantastic opportunity, not to be missed.

Important Information

  • This is a Freehold property.

Property Ref: a2b2b5fc-6e7f-4993-99fe-45af65236bff

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