158 Grimsby Rd - Storefront Retail/Residential FOR SALE


Cleethorpes, SHS DN35 7DL
$195,000 USD
147-240-4538
158 Grimsby Rd, Cleethorpes, SHS for Sale
$195,000 USD
Storefront Retail/Residential - FOR SALE
1/8
null | 7.12% Cap Rate

158 Grimsby Rd
Cleethorpes, SHS DN35 7DL


HIGHLIGHTS

  • Part let investment property
  • Situated in a prominent position
  • Ground floor retail with residential accommodation above

OVERVIEW

A great opportunity has arisen to purchase this part-let investment property, situated in a prominent position on Grimsby Road. The property comprises a Ground floor retail unit with three additional one bed flats, achieving a combined rent of £13,900 Per Annum, equating to a gross initial yield of 7.12%

FOR SALE DETAILS

PRICE

$195,000 USD

PRICE/SF

$369 USD /SF

CAP RATE

7.12%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1960

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Hayley KinnairdJackson Green & PrestonMore Info
147-240-4538

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Hayley KinnairdJackson Green & PrestonMore Info
147-240-4538

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.