- Investment Property For Sale
- The Ground Floor Is Currently Occupied By "Me2Raj Restaurant" Paying £1,200 PCM
- Freehold Property
- Prominent Position In Cleethorpes
- 2 Flats Acheiving £1,150 PCM But Will Be Vacant Upon Completion
Retail Property (High Street) for sale in N E Lincs
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.
- This Council Tax band for this property is: A
- EPC Rating is D
Property Ref: GRS182221
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Jackson Green & Preston (Grimsby)
19 West Saint Marys Gate, Grimsby, Lincolnshire, DN31 1LE
01472 311 113
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