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Full details for Detached For Sale in Grimsby

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Description



Tired of getting 1% on Savings in Bank account???




Looking for an Amazing Substantial Property!!!
1x Shop unit and basement, now vacant, so now potential for storage, office use, KFC, Subway, betting chain etc



Mixed use investment opportunity




4 x 1 Bed Self-contained flats (currently ALL FLATS LET!)








Shop 944 Sq. ft (87.8 Sq. M)




Basement 628 Sq. ft (54.4 Sq. M)




Producing £15000+ per annum




Description




This substantial three storey property comprises a ground floor retail unit, together with four one bedroom flats on the first and second floors. .



The property on the ground floor retail unit has ground floor sales accommodation and further basement storage space.



FREEHOLD



Untold Potential:




• Sell 2 Flats Leasehold – Let out other two


• Let all Flats to Christian Care, Salvation Army, etc


• After Shop lease over – let to KFC, Subway, betting chain, etc



Location

The subject property is prominently located on a busy parade on Cleethorpe Road, which is the main arterial route to both the towns of Grimsby. The property benefits from plenty of passing footfall and traffic.




The premises are highly accessible via the A180 which links to Cleethorpes, North East Lincolnshire and East Yorkshire.




Grimsby has a population of c.90,000.




Grimsby train station is located within walking distance of the property.




Want “hands off Management:




Management & Letting of Property




The property is currently managed and units are let through local agents. The commercial unit is managed at 8% of total rent and the residential units are managed at 9% of total rent.
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