Mixed use for sale

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Mixed use for sale

Cleethorpe Road, Grimsby, Lincolnshire, DN31
£88,000

Our Summary

  • *Attention Investors – Prime Investment Opportunity*A fantastic opportunity has arisen to purchase a two-storey terraced building with basement storage
  • This property presents a secure, long-term investment opportunity, offering both commercial and residential income streams in a highly sought-after location

Description

This two-storey terraced building in a prime location offers a fantastic investment opportunity. The ground floor features a retail shop with storage and workshop areas, while the first floor is a self-contained flat that is currently let on a long ground lease, providing stable rental income. The commercial property is let on a 10-year lease with annual rent of £6,240, subject to review every three years, and the rear area and basement are leased separately to the same tenant. The property is situated on Cleethorpe Road, linking Grimsby and Cleethorpes, and provides easy access out of town via the M180. This secure, long-term investment opportunity offers both commercial and residential income streams in a highly sought-after location.
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