Grimsby Road, Cleethorpes

£107,500

Retail Property (High Street) for sale in Lincolnshire

  • VIDEO VIEWING AVAILABLE
  • Great Addition To An Investment Portfolio
  • Commercial 2 Storey Retail Unit
  • Includes A 2 Bedroomed Flat To Rear Of Property
  • Fully Tenanted, Generating An Immediate Income Of £9,540
  • Good Transport Links To And From Grimsby Town

A fantastic opportunity to purchase this fully let property, ready to go and perfect to add to any investment portfolio.

The property consists of a two-storey commercial retail unit which is approximately 64sqm/681sqft and an individual flat to the rear of the property which in total generates and income of £10,140 per annum and an 8.81% gross initial yield.

The commercial unit benefits from single glazed windows and electric shutter to the frontage (we understand that these were installed by the tenant and will not be included in the sale of the property) and ample space throughout. The first floor of the commercial unit consists of uPVC double glazed windows and two rooms that are currently being used as retail space.

A FANTASTIC OPPORTUNITY THAT WILL NOT STAY ON THE MARKET FOR LONG.

Important Information

  • This is a Freehold property.
  • This Council Tax band for this property is: A
  • EPC Rating is D

Property Ref: VAL230001

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Jackson Green & Preston (Grimsby)

19 West Saint Marys Gate, Grimsby, Lincolnshire, DN31 1LE

01472 311 113

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