45 Grimsby Road
Cleethorpes, North East Lincolnshire, DN35 7AQ
45 Grimsby Road
Cleethorpes
North East Lincolnshire, DN35 7AQ
- Investment
- For Sale £110,000
- 2,693 sq ft (250 sq m)
The property comprises a double fronted mid-parade two storey ground floor retail property which is currently used as a convenience store with storage to the rear together with first floor living accommodation providing three bedrooms, kitchen and a bathroom accessed by an external staircase to the rear.
The property is of masonry walls with a pitched tiled roof to the front with a mineral felt flat roof to the rear. The property benefits from gas central heating, uPVC double glazing, fitted lighting and external security shutters.
The mains services are shared between the flat and retail area.
- Income of £18,000 per annum (16.07% net initial yield).
- Full repairing and insuring Lease.
- New 15 year Lease with 5 year rent review pattern.
- Total accommodation of 250.27 sq m (2,695 sq ft) approx.