425 Grimsby Rd - Storefront Retail/Residential FOR SALE


Cleethorpes, SHS DN35 7LB
$115,000 USD
147-240-4402
425 Grimsby Rd, Cleethorpes, SHS for Sale
$115,000 USD
Storefront Retail/Residential - FOR SALE
1/1
null | 8.56% Cap Rate

425 Grimsby Rd
Cleethorpes, SHS DN35 7LB


HIGHLIGHTS

  • Two-storey commercial retail unit
  • Benefits from single glazed windows
  • Electric shutter to the frontage

OVERVIEW

A fantastic opportunity to purchase this fully let property, ready to go and perfect to add to any investment portfolio. The property consists of a two-storey commercial retail unit which is approximately 64sqm/681sqft and an individual flat to the rear of the property which in total generates and income of £9,840 per annum. The commercial unit benefits from single glazed windows and electric shutter to the frontage (we understand that these were installed by the tenant and will not be included in the sale of the property) and ample space throughout. The first floor of the commercial unit consists of uPVC double glazed windows and two rooms that are currently being used as retail space.

FOR SALE DETAILS

PRICE

$115,000 USD

PRICE/SF

$153 USD /SF

CAP RATE

8.56%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1925

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Hayley KinnairdJackson Green & PrestonMore Info
147-240-4402

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Hayley KinnairdJackson Green & PrestonMore Info
147-240-4402

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