Mixed use for sale
Property description & features
- Tenure: Freehold
- RETAIL / RESIDENTIAL INVESTMENT
- GUIDE PRICE: £400,000 - £425,000
Location:
The property occupies a prominent position fronting Cleethorpe Road and Strand Street, close to the Riby Square junction with Freeman Street. The Cleethorpe Road side is within an established shopping parade, near Caxton Theatre. The flats are accessed from Strand Street.
Description:
A substantial part 3 and part 2 storey property of approximately 5,362 sqft with ground floor retail unit and 8 fully furnished self contained flats above with full double glazing and electric heating.
Planning
Local Authority: North East Lincolnshire Council[use Contact Agent Button].
Note
The Auctioneers have not inspected the property.
Tenure
Freehold, subject to existing lease/tenancies.
Solicitors
22 Law, 22 Front Street, Newcastle Upon Tyne NE16 4DT
[use Contact Agent Button] ~ Ref: A Daverson
Accommodation FLOOR ACCOMMODATION SQFT (SQM) APPROX ( EPC measurements) EPC LEASE / AST RENT £ PAX GROUND RetailRetail area, plant room, WCs2,120 (197)58, C5 year FRI lease from 01.02.2021 with 2 year break option on 2 months notice8,160 FIRST Flat 1Lounge/kitchen, bedroom, bathroom334 (31)45, E6 months from 19.02.20246,000Flat 2Lounge/kitchen, bedroom, bathroom291 (27)40, E6 months from 09.03.20246,600Flat 3Lounge/kitchen, bedroom, bathroom560 (52)61, D6 months from 06.04.20246,600Flat 4Lounge/kitchen, bedroom, bathroom527 (49)39, E6 months from 16.01.20247,200Flat 5Lounge/kitchen/bedroom, bathroom237 (22)67, D6 months from 12.12.20236,600 SECOND Flat 6Lounge/kitchen, bedroom, bathroom431 (40)50, E6 months from 18.12.20237,200Flat 7Lounge/kitchen, bedroom, bathroom431 (40)50, E6 months from 08.04.20246,600Flat 8Lounge/kitchen, bedroom, bathroom431 (40)50, E6 months from 12.04.20246,600Current Rental Value61,560
Places of interest
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Broadband availability and predicted speed: obtained from Ofcom on February 1, 2022
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: obtained from Ofcom on February 1, 2022
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
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