Retail property (high street) for sale
Property description & features
- Tenure: Freehold
- Fully Let Mixed Use Property
- Generating A Total Income Of £10,800 Per Annum
- Prominent End Terrace Position
- Located In Grimsby
- Perfect Addition To An Investment Portfolio
The property is fully tenanted and is to be sold with tenants in situ. Generating an attractive £10,800 Per Annum, equating to approximately a 7.44% yield.
The commercial element is beautifully presented throughout and briefly comprises a main retail area, kitchen, staff room, store rooms and w.c. The rent achieved on the ground floor is £6,000 Per Annum. The first-floor flat briefly comprises living room, kitchen, bathroom and one bedroom, and is currently achieving £4,800 Per Annum.
This property would make a perfect addition to any investment portfolio and in the agents opinion, will not stay on the market for long.
Rooms
Commercial
Ground Floor
Main Retail 7.4m x 4.45m
With timber single glazed window frontage and a uPVC double glazed door. Electric radiator and suspended ceilings. Roller shutter to the front.
Hallway 8.37m x 2.21m
With an electric radiator and suspended ceilings.
Kitchen 2.61m x 1.42m
With suspended ceilings, wall and base units and a sink with drainer.
W.C. 1.78m x 1.54m
With a low flush w.c., sink basin with pedestal and two uPVC double glazed frosted windows.
Treatment Room 1 4.23m x 2.28m
With electric radiator, vinyl flooring, two uPVC double glazed windows, wall and base units with sink and mixer tap.
Treatment Room 2 4.22m x 2.4m
With electric radiator, vinyl flooring, suspended ceiling and two uPVC double glazed windows.
First Floor Flat
Ground Floor
Hallway
Benefitting from uPVC double glazed front door and radiator.
First Floor
Living Room 5.15m x 3.68m
Two uPVC double glazed windows.
Kitchen 2.27m x 1.95m
With an aluminium sink/ drainer, wall and base units and a small uPVC double glazed window.
Bedroom 3.58m x 2.63m
uPVC double glazed window.
Bathroom 2.21m x 1.53m
Benefitting from a frosted uPVC double glazed window, vinyl flooring, bath with shower head, w.c. and sink basin with vanity.
Garden
Shared concrete courtyard with the ground floor tenant.
Broadband & Mobile Phone Coverage
Please use the following link to check the mobile phone and broadband coverage for this property.
Council Tax Band A
This information was obtained on the 16th July 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.
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)
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Property reference VAL240063. 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.
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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:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
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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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