Retail property (high street) for sale
Property description & features
- Tenure: Freehold
- Video viewing available
- Prominent Position In Cleethorpes
- Mixed Use Building For Sale Part Tenanted
- Including Part Commercial & Part Residentail
- Immediate Income
The premises briefly comprises a main retail/ office area approximately 25 sqm/ 269 sqft, a storage room, kitchenette and w.c. There are also two flats included, both of which are currently tenanted, the ground-floor flat is receiving £495 PCM and the first-floor flat £600 PCM, totalling £13,140 and generating a yield of 7.3%. The commercial element is currently vacant but being advertised for £500 PCM. Once fully-let, the yield that could be achieved is 10.63%.
This is a fantastic opportunity for a potential investor that is looking to receive an income from day one.
Rooms
Commercial
Main Retail Area 5.25m x 4.61m
Benefitting from a timber double glazed window and door, radiator and fireplace.
Office 4.64m x 3.21m
Radiator.
Storage Room 4.55m x 1.88m
Including radiator and ideal as a potential office or storage.
Kitchenette 1.38m x 1.23m
With a uPVC double glazed door and shelving.
W.C. 3.26m x 1.86m
Including a w.c. and separate sink basin.
Business Rates
The rateable value as of 1st April 2023 is £1,450. This an online enquiry and all interested parties are advised to make their own enquiries.
Ground Floor Flat
Living Room/Kitchen 4.11m x 3.48m
Including a uPVC double glazed window and door. Wall and base units, radiator and electric fire.
Bedroom 3.75m x 3.48m
Benefitting from uPVC double glazed window and laminate flooring.
Shower Room 2.08m x 1.85m
Tiled flooring, electric shower, low flush w.c., handbasin with vanity and uPVC double glazed frosted window.
Conservatory 3.48m x 1.94m
Tiled flooring.
First Floor Flat
Living Room 5.26m x 4.82m
Two uPVC double glazed windows, electric fire with decorative fireplace.
Kitchen 4.2m x 3.48m
Benefitting from wall and base units, lino flooring, radiator and uPVC double glazed window.
Bedroom 1 2.72m x 2.5m
Including built in wardrobes and uPVC double glazed windows.
Bedroom 2 4.62m x 2.85m
uPVC double glazed window and radiator.
Bathroom 4.5m x 2.5m
Including lino flooring, sink with mixer tap, w.c and bathtub with overhead shower.
Broadband & Mobile Phone Coverage
Please use the following link to check the mobile phone and broadband coverage for this property.
Council Tax Band A (Each Flat)
This information was obtained on the 4th March 2024 and is for guidance purposes only. Purchasers should be aware that the banding of the property could change if information is brought to light that makes it clear to the Valuation Office Agency that an error was made with the original allocation.
Additionally, there may be circumstances when the Council Tax can be altered on change of ownership.
All interested parties are advised to make their own enquiries. See
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.
Property information from this agent
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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:
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Mobile phone signal availability and predicted strength
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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
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