Various Investment Properties

Cleethorpes, North East Lincolnshire, DN35 7DG

Various Investment Properties
North East Lincolnshire, DN35 7DG

Share Property
  • Investment
  • For Sale £1,000,000

The properties comprise a variety of mixed use premises, all of which are of masonry construction with pitched tiled roofs above. The properties predominantly provide ground floor retail accommodation with first floor flats above. The commercial elements of the portfolio provide a mix of retail and restaurant uses including a barbers, café, takeaway, convenience store and massage parlour.

  • Mixed use property portfolio investment For Sale
  • Offers invited in excess of £1,000,000
  • Freehold properties subject to existing Leases and Assured Shorthold Tenancy agreements
  • Current gross income of £89,633 per annum representing a Net Initial Yield of 8.46% (allowing for purchasers costs of 6%)
  • No VAT
  • Currently one vacant unit with an ERV of £4,800 pa which presents the opportunity to increase the income to £94,433 per annum
  • Available as a whole however consideration will be given to selling properties individually or in multiples


Duncan Willey BSc (Hons) MRICS Divisional Director
Duncan Willey
Duncan Willey
Sam Fallowfield BSc (Hons) MRICS Associate Director
Sam Fallowfield
Sam Fallowfield

Similar Properties

Units 2 & 3, Laceby Road, Grimsby, North East Lincolnshire , DN34  

Units 2 & 3 468-474 Laceby Road
North East Lincolnshire
DN34 5NU

  • For Sale £560,000
Learn More  

Want to find out more? Call us on Hull 01482 648888 Doncaster 01302 341041 Scunthorpe 01724 282278 Grimsby 01472 267513

We use cookies to help personalise and improve your web experience. To learn more click here.