Property photos
Just added
£260,000
(£115.86/sq. ft)
Property for sale
Grimsby Road, Cleethorpes, North East Lincolnshire DN352,244 sq. ft
Local area information
Property location
Nearby amenities
- Elliston Primary Academy 0.3 miles
- Queen Mary Avenue Infant School 0.4 miles
- New Clee 0.5 miles
- Cleethorpes 1 mile
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Grimsby to find out more about the local area.
Features and description
- Two storey mixed use premises totalling 284.58 sq m (2,244 sq ft) approx.
- Total income of £23,670 per annum (8.84% Net Initial Yield).
- Freehold premises subject to existing Lease and Assured Shorthold Tenancies.
- Ground floor convenience store currently Let at £5,196 pax, subject to a 10 year Lease which expires 20.08.2030.
- 4 no. Flats Let on Assured Shorthold Tenancies generating a combined income of £18,474 pax.
The property comprises a mid-terraced two storey mixed use premises of masonry construction surmounted by a pitched tiled roof. The ground floor provides a self-contained retail unit that is currently used as a convenience store, with 2 No. Ground floor self-contained one bedroom flats and 2 No. Self-contained two bedroom flats.
This property currently forms part of a larger property portfolio consisting of various mixed-use properties situated along Grimsby Road, Cleethorpes. The property can therefore be transacted individually or as part of a portfolio sale.
Click here to view the property portfolio
Two storey mixed use premises totalling 284.58 sq m (2,244 sq ft) approx.
Total income of £23,670 per annum (8.84% Net Initial Yield).
Freehold premises subject to existing Lease and Assured Shorthold Tenancies.
Ground floor convenience store currently Let at £5,196 pax, subject to a 10 year Lease which expires 20.08.2030.
4 no. Flats Let on Assured Shorthold Tenancies generating a combined income of £18,474 pax.
This property currently forms part of a larger property portfolio consisting of various mixed-use properties situated along Grimsby Road, Cleethorpes. The property can therefore be transacted individually or as part of a portfolio sale.
Click here to view the property portfolio
Two storey mixed use premises totalling 284.58 sq m (2,244 sq ft) approx.
Total income of £23,670 per annum (8.84% Net Initial Yield).
Freehold premises subject to existing Lease and Assured Shorthold Tenancies.
Ground floor convenience store currently Let at £5,196 pax, subject to a 10 year Lease which expires 20.08.2030.
4 no. Flats Let on Assured Shorthold Tenancies generating a combined income of £18,474 pax.
More information
Listed by
PPH Commercial
View agent properties.png){kind=logo}
Property descriptions and related information displayed on this page are marketing materials provided by - PPH Commercial. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact PPH Commercial for full details and further information.