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Cleethorpe Road, Grimsby... Mixed use for sale
Cleethorpe Road, Grimsby, Lincolnshire, DN31
£88,000
Cleethorpe Road, Grimsby, Lincolnshire, DN31
£88,000
Our Summary
- *Attention Investors – Prime Investment Opportunity* Freehold Ground Floor Commercial Unit and Reversionary Freehold Interest to First Floor Flat
- This property presents a secure, long-term investment opportunity, offering both commercial and residential income streams in a highly sought-after location
Description
This mid-terraced building offers a unique investment opportunity, featuring a freehold ground floor commercial unit and a reversionary freehold interest to the first floor flat. The ground floor retail space has a main retail area, store/office, kitchenette, and W.C., as well as a rear storage/production area and basement storage. The self-contained flat on the first floor is let on a long ground lease, providing stable rental income, and is held on a reversionary freehold basis only. The commercial property is let on a 10-year lease, and the flat is let on a 150-year ground lease. Strategically located on Cleethorpe Road, this property presents a secure, long-term investment opportunity with both commercial and residential income streams.