Retail property (high street) for sale
Property description & features
- Tenure: Freehold
- Video viewing available
- Perfect For Any Investment Portfolio
- Prominent Location In Holton le Clay
- Bar & Takeaway For Sale Together
- Generating A Good Income Stream of £25,000 Per Annum
Jackson, Green and Preston are delighted to offer to the market this investment property, consisting of two separate units, which are currently fully tenanted and being used as a bar and takeaway. Both elements have separate tenants and is currently generating an income of £25,000 Per Annum. With the current asking price, this property generates an attractive 8.47% yield.
This property is positioned in the well-established area of Holton Le Clay located at the start of a parade of shops. Providing an income from day one, the property will make a perfect additional to any investment portfolio.
VIEWING HIGHLY RECOMMENDED TO FULLY APPRECIATE ALL THAT IS ON OFFER.
Rooms
Ground Floor
Bar
Main Retail/Bar Area 12.52m x 11.06m
Benefitting from uPVC double glazed front door and window frontages, part carpeted/ part tiled flooring and bar area.
Cellar 3.65m x 1.94m
Includes sink and drainer, hot water tank and air conditioning unit.
W.C. 1 1.7m x 1.03m
Includes tiled flooring, 1 x barred frosted window, low flush w.c, sink and water heater.
W.C. 2 3.34m x 0.86m
Including lino flooring, 1 x frosted barred window and w.c with sink basin.
W.C. 3
Disabled w.c, tiled flooring, sink basin and radiator.
Takeaway
Main Retail 5.08m x 3.5m
Spacious retail area including tiled floor, suspended ceiling and uPVC window frontage and door.
Kitchen Area 5.08m x 3.05m
Including tiled flooring and part tiled walls, 2 x sink and drainers with 2 separate sink basins.
Store Room 3.11m x 3.08m
Good sized storage area with shelving and concrete flooring.
Parking
There is space for parking in front and rear of property.
Ratable Value (For Both Bar & Takeaway)
The rateable value as of 1st April 2023 is £15,750. This an online enquiry and all interested parties are advised to make their own enquiries.
Sources Of Useful Information
Purchasers may find the following websites useful in providing additional information in respect of the property and the immediate surrounding area.
Mortgage Advice
We are pleased to be able to introduce Toni Cressey Mortgage Advisers who we recommend for Independent Mortgage Advice for any of our clients looking to purchase their first home, new home or investment property.
They have a team of advisers that are able to help and advise you on the most suitable mortgages available for you taking into account your own particular needs and circumstances. They will help and guide you through the whole mortgage and home buying process, ensuring best advice is given at all times. Buying a new home is one of the most important financial decisions you will make so it is vital that you get the help and advice you need at the earliest opportunity.
No fee is charged for this independent mortgage advice, which is provided under no obligation. There may however be a fee payable should you proceed with a mortgage application. The actual amount you pay will depend upon your own circumstances and requirements and typically our application fee will (truncated)
Property information from this agent
Places of interest
See more properties like this:
*DISCLAIMER
Property reference VAL230113. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Jackson Green and Preston Estate Agents and Property Management - Grimsby.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.