Units 2 & 3
468-474 Laceby Road, Grimsby, North East Lincolnshire, DN34 5NU
Units 2 & 3
468-474 Laceby Road
Grimsby
North East Lincolnshire, DN34 5NU
- Investment
- For Sale £560,000
The property comprises a single parade consisting of a two storey structure which has been sub-divided to create three ground floor retail premises with self-contained flats/apartments above which was built in 2008 approx. The ground floor retail accommodation comprises 468-474 and is understood to be of traditional cavity brick and block elevations with part rendered elevations to the front, with each flat/apartment being accessed from stairs leading to a rear balcony area. The property is surmounted by a pitched tiled roof. Each shop has a recessed fully glazed powder coated aluminium framed shop front.
The property benefits from car parking to the front, together with a rear service yard and additional car parking area.
- Well let retail investment to Betfred and Domino's.
- Net income of £42,300 per annum (7.2% Net Initial Yield).
- 4 year lease term unexpired.