<Back to Property Search

203 Grimsby Road

Cleethorpes, North East Lincolnshire, DN35 7HB

  • Investment
  • For Sale £150,000
  • 483 sq ft (45 sq m)

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 barbers together with a separate self-contained 1 bed flat, with the first floor comprising a self-contained two-bedroom flat.

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 44.84 sq m (483 sq ft) approx.
  • Total income of £14,047 per annum (9.09% Net Initial Yield).
  • Freehold premises subject to existing Lease and Assured Shorthold Tenancy.
  • Ground floor currently Let at £4,171 pax subject to a 10 year Lease which expires 20.08.30.
  • Ground floor 1 bed flat Let by way of an Assured Shorthold Tenancy (AST) at a rent of £4,680 per annum.
  • First floor 2 bed flat Let by way of an Assured Shorthold Tenancy (AST) at a rent of £5,196 per annum.

Hull Office

First Floor Pavilion House, Hesslewood Office Park, Ferriby Road, Hessle, East Yorkshire, HU13 0LG

Doncaster Office

First Floor Richmond House, Sidings Court, Doncaster, South Yorkshire , DN4 5JH

Scunthorpe Office

First Floor Prince House, Arkwright Way, Scunthorpe, DN16 1AD

Grimsby Office

Europarc, Innovation Way, Grimsby, DN37 9TT

York Office

Independence House, Millfield Lane, Nether Poppleton, York, YO26 6PH

Send an enquiry