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Commercial Property for sale

92 Cleethorpe Road -, Freeman Street, GRIMSBY

£350,000

Property Description

Key features

  • 3 Storey Building In Established Location
  • Ground Floor Office Suite (Approx 2,000sqft)
  • 8 Flats Above
  • Flats Vary In Size And Number Of Bedrooms
  • Smartly Presented
  • Ideal Investment Opportunity
  • Yield Of 10%
  • Freehold
  • EPC Rating For Flats I & D - D

Full description

Tenure: Freehold

AN EXCELLENT INVESTMENT OPPORTUNITY - this is a three-storey building located on the corner of Cleethorpe Road and Freeman Street, in an established location.
The ground floor offers attractively presented office accommodation, approximately 2,000sqft, ideal for a variety of occupants and may lend itself to a variety of uses (subject to necessary consents being obtained).
Above the commercial property, there are eight flats with a mixture of one-bedroomed and two-bedroomed accommodation.
The flats are well presented, and all units are currently occupied.
The rental achieved from the flats ranges from £60 - £90 per week, depending upon the size.
The building may lend itself to further conversion to provide additional residential accommodation (subject to necessary consents being obtained and formal planning permission).
We anticipate a rental income of circa £34,500 when fully let, equating to a yield of circa 10% of the current asking price.
The ground floor office suite is currently vacant and is being offered to let at £5,500 per annum.
THIS IS AN IDEAL INVESTMENT OPPORTUNITY.

Basement
Ground Floor
COMMERCIAL PREMISES
Main Office Suite:
8.31m (27ft 3in) x 16.12m (52ft 11in) plus 2.5m (8ft 2in) x 2.4m (7ft 10in)

Main Office Suite 2nd Photo
Office 2/Store:
2.89m (9ft 6in) x 2.56m (8ft 5in)

Office 3/Store:
3.42m (11ft 3in) x 2.67m (8ft 9in)

Office 4/Store:
5.1m (16ft 9in) x 3.09m (10ft 2in)

Inner Lobby:
With door to side entrance hall and stairs to first floor accommodation.

Kitchen:
3.29m (10ft 10in) x 3.02m (9ft 11in)
Partially tiled, with a good selection of wall and base units incorporating a sink unit/drainer and mixer tap. Having an integrated electric oven, hob and extractor. Radiator.

W.C.:
There are two separate toilet facilities.

First Floor
Former Bathroom:
No fittings.

Separate w.c.:
With high-flush w.c.

Store:
3.61m (11ft 10in) x 3.34m (10ft 11in)

RESIDENTIAL ACCOMMODATION
Entrance Lobby:
With stairs to first and second floor accomodation.

First Floor,
Flat A:
Landing

Entrance Hall
With airing cupboard containing the hot water cylinder. Storage cupboard and electric storage heater.

Bedroom - 3.15m (10ft 4in) x 2.15m (7ft 1in)
With two uPVC double glazed window units.

Open-Plan Living Room/Kitchen - 4.91m (16ft 1in) x 3.73m (12ft 3in)
The kitchen area has partially tiled walls and is fitted with a good selection of modern wall and base units including a sink unit with drainer and mixer tap, and having an electric point for cooker and plumbing for an automatic washing machine. Electric storage heater and two uPVC double glazed window units.

Shower Room
Partially tiled, having a low-flush w.c., pedestal wash basin and a shower cubicle with "Triton" shower. Extractor.

Flat B:
Hall
With electric storage heater. Large storage cupboard.

Living Room - 4.82m (15ft 10in) x 4.42m (14ft 6in)
With an electric storage heater. Three uPVC double glazed window units.
Opening to kitchen....

Kitchen - 2.33m (7ft 8in) x 2.16m (7ft 1in)
Partially tiled, fitted with a selection of wall and base units incorporating a sink unit/drainer and having an electric point for cooker. Extractor, plumbing for washing machine and a uPVC double glazed window unit.

Bedroom - 3.65m (12ft 0in) x 2.25m (7ft 5in)
With two uPVC double glazed window units.

Shower Room
Fitted with a low-flush w.c., pedestal basin and a shower cubicle with shower. Extractor. Airing cupboard containing hot water cylinder.

Flat D:
Entrance Hall
With electric storage heater. Laminate flooring,

Living Room/Kitchen - 5.65m (18ft 6in) x 3.11m (10ft 2in)
With laminate flooring, electric storage heater and fitted with a selection of wall and base units incorporating a sink unit/drainer. Electric cooker point.

Bedroom - 3.8m (12ft 6in) max x 2.33m (7ft 8in) max
With electric storage heater and a uPVC double glazed window unit.

Shower Room
Partially tiled, fitted with a low-flush w.c., pedestal basin and having a shower cubicle with shower. Airing cupboard containing the hot water cylinder. Extractor.

Second Floor
Flat E:
Hall
With storage cupboard and laminate flooring.

Bedroom 1 - 3.45m (11ft 4in) x 3.01m (9ft 11in)
With electric storage heater. uPVC double glazed window unit.

Living Room - 6.03m (19ft 9in) x 2.96m (9ft 9in)
With laminate flooring and a uPVC double glazed window unit.

Dining Room - 4.39m (14ft 5in) x 2.68m (8ft 10in)
With laminate flooring, electric storage heater and a uPVC double glazed window unit.
Opening to kitchen area....

Kitchen - 2.41m (7ft 11in) x 2.54m (8ft 4in)
Partially tiled, fitted with a selection of modern wall and base units incorporating a sink unit/drainer and having an electric point for cooker.

Shower Room
Fitted with a low-flush w.c. and having a shower cubicle with shower. Pedestal basin, extractor and an airing cupboard containing the hot water cylinder.

Inner Hallway
With storage cupboard and airing cupboard containing the hot water cylinder.

Bedroom 2 - 3.48m (11ft 5in) x 2.82m (9ft 3in)
With electric storage heater and a uPVC double glazed window unit.

Shower Room 2
With a pedestal basin, shower cubicle, extractor and a low-flush w.c.

Flat F:
Entrance Hall
With storage cupboard.

Living Room - 4.75m (15ft 7in) max x 2.38m (7ft 10in) max
With an electric storage heater and two uPVC double glazed window units.
Open to kitchen...

Kitchen - 2.3m (7ft 7in) x 2.16m (7ft 1in)
Partially tiled, fitted with a selection of wall and base units incorporating a sink unit/drainer. Having an electric point for cooker and plumbing for an automatic washing machine. uPVC double glazed window unit.

Bedroom - 3.4m (11ft 2in) x 2.25m (7ft 5in)
With an electric storage heater. uPVC double glazed window unit.

Shower Room
Having a shower cubicle with shower. Pedestal basin and a low-flush w.c.

Flat G:
Hall
Electric storage heater. Laminate flooring. Fitted storage cupboard and airing cupboard containing the hot water cylinder.

Bedroom - 3.46m (11ft 4in) x 2.47m (8ft 1in)
With two uPVC double glazed window units. Storage cupboard.

Living Room - 3.54m (11ft 7in) x 3.33m (10ft 11in)
With an electric storage heater. Two uPVC double glazed window units.
Open to kitchen...

Kitchen - 3.52m (11ft 7in) x 1.61m (5ft 3in)
Partially tiled, fitted with a selection of wall and base units incorporating a sink unit/drainer. Having an electric point for cooker and plumbing for an automatic washing machine.

Shower Room
Fitted with a low-flush w.c., pedestal basin and a shower cubicle with shower. uPVC double glazed window unit.

Flat H:
Entrance Hall
Airing cupboard containing hot water cylinder. Storage cupboard.

Living Room - 4.67m (15ft 4in) x 2.77m (9ft 1in)
With an electric storage heater. uPVC double glazed window unit.

Kitchen - 2.75m (9ft 0in) x 2m (6ft 7in)
Partially tiled, fitted with a selection of wall and base units incorporating a sink unit/drainer. Plumbing for an automatic washing machine. uPVC double glazed window unit.

Bedroom - 3.36m (11ft 0in) max x 3.05m (10ft 0in) max
With two uPVC double glazed window units.

Bathroom
Partially tiled, fitted with an attractive white three-piece bathroom suite comprising panelled bath, pedestal basin and a low-flush w.c. Extractor.

Flat I:
Entrance Hall
With laminate flooring and a storage cupboard.

Bedroom 1 - 2.96m (9ft 9in) x 2.84m (9ft 4in)
With an electric storage heater. uPVC double glazed window unit.

Bedroom 2 - 3.24m (10ft 8in) x 2.62m (8ft 7in)
Having an air conditioning unit. Electric storage heater and a uPVC double glazed window unit.

Living Room/Kitchen Area - 5.86m (19ft 3in) x 4.72m (15ft 6in)
With laminate flooring, electric heater, two uPVC double glazed window units and the kitchen area has a good selection of modern wall and base units incorporating a sink unit/drainer and mixer tap and having an electric cooker point, extractor, plumbing for an automatic washing machine and an airing cupboard containing the hot water cylinder.

Bathroom
Partially tiled, fitted with an attractive white three-piece suite comprising a "P" shaped bath with mixer tap and shower attachment, pedestal basin and a low-flush w.c.

Tenure:
Believed to be Freehold - All interested parties are advised to make their own enquiries.

Commercial Rating Assessment :
We understand that the Rateable Value is £7,400
Information provided by the North East Lincolnshire Council.

Information provided for guidance purposes only and all interested parties are advised to make their own enquiries.

Commercial EPC
All Flats - Council Tax Band A:
This information was obtained on the 28th October 2014 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 www.gov.uk/council-tax-bands

To View:
Strictly by appointment with the Agents. Telephone 01472 311113 to arrange.

Property Management:
Are you a Landlord tired of dealing with your tenants?….Jackson, Green and Preston can provide a comprehensive management service and will be delighted to discuss your management needs. Please do not hesitate to contact our Property Management Department on Grimsby 311116 or by e-mail (rented@jacksongreenpreston.co.uk) for some informal advice. Further information is also available on our website at www.jacksongreenpreston.co.uk/info_landlords.php

Property To Sell:
Do you have a property to sell? For professional valuation advice, contact our Grimsby Office (01472 311120).
One of our experienced valuers will be happy to provide a free marketing appraisal of your property.

Survey:
Should you decide to buy a property not available for sale through our Agency, Jackson Green and Preston offer a range of independent valuations and surveys all carried out by fully qualified Chartered Surveyors.
To discuss your survey needs, please contact our Survey Department on 01472 311120.

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.

www.environmentagency.gov.uk
www.hpa.org.uk
www.nelincs.gov.uk
www.northlincs.gov.uk
www.e-lindsey.gov.uk
www.landregistry.gov.uk
www.gov.uk/council-tax-bands

Mortgage Advice:
Are you aware of the advantages of the Government backed "HELP TO BUY" Mortgage Scheme. If you have any questions on the "HELP TO BUY" Scheme or require any mortgage assistance, we are pleased to be able to introduce all our clients to a local Mortgage Broker, with a well deserved local reputation for offering expert, impartial advice.
Please contact our office for further details on 01472 311113.

Floor Plans:
Any floor plan provided is for guidance purposes only. It is not to scale and should not be taken as accurately reflecting all the property's features.
Measurements are approximate and should not be relied upon.

Floor Plan - Ground Floor
Floor Plan - First Floor
Floor Plan - Second Floor


Energy Performance Certificate (EPC) graphs

Nearest stations

  • Grimsby Docks (0.1 mi)
  • New Clee (0.6 mi)
  • Grimsby Town (0.9 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Jackson Green & Preston, Grimsby

19 West St. Marys Gate, Grimsby, DN31 1LE

01472 565033 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Floorplans


To view this property or request more details, contact:

Jackson Green & Preston, Grimsby

19 West St. Marys Gate, Grimsby, DN31 1LE

01472 565033 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Grimsby Docks (0.1 mi)
  • New Clee (0.6 mi)
  • Grimsby Town (0.9 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Jackson Green & Preston, Grimsby

19 West St. Marys Gate, Grimsby, DN31 1LE

01472 565033 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 30106904. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Jackson Green & Preston, Grimsby. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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