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COMMERCIAL

Pelham Road, Immingham

Guide Price
£215,000
Crofts Estate Agents, Immingham
PROPERTY TYPE

Commercial Property

BEDROOMS

6

BATHROOMS

2

SIZE

Ask agent

Key features

  • 6 Bed sits with commercial unit to ground floor
  • Being sold with NO FORWARD CHAIN
  • Combined annual rent of £30,000
  • Generating an 10,16% yield
  • Ideal investment opportunity
  • Buyers fee's apply
  • Sold by modern method of auction (T&C's apply)
  • Subject to reserve price
  • Energy performance rating D and Council tax band A

Description

Crofts Estate Agents are delighted to being to the market with NO FORWARD CHAIN, this 6 bed HMO with commercial shop below, located on Pelham road, Immingham.The property currently generates a combined annual rental income of £30,000, making this the ideal investment opportunity for a landlord looking to add to their portfolio or one just starting out.All enquiries and viewing requests can be made by contacting our Immingham branch.

Auctioneer CommentsThis property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation Period. Interested parties' personal data will be shared with the Auctioneer (iamsold Ltd).If considering a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information Pack is provided, which you must view before bidding. The buyer is responsible for the Pack fee. For the most recent information on the Buyer Information Pack fee, please contact the iamsold team.The buyer signs a Reservation Agreement and makes payment of a Non-Refundable Reservation Fee of 4.5% of the purchase price inc VAT, subject to a minimum of £6,600 inc. VAT. This Fee is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty.Services may be recommended by the Agent/Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £960 inc. VAT. These services are optional.

Brochures

Property BrochureFull Details

Pelham Road, Immingham

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Stallingborough Station2.4 miles
  • Habrough Station2.9 miles
  • Healing Station3.1 miles
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About Crofts Estate Agents, Immingham

21 Kennedy Way, Immingham, DN40 2AB
Industry affiliations:

Having established itself as Cleethorpes' number one selling agent, Crofts have also expanded to include a new high street branch in nearby Immingham. The newly refurbished branch forms part of the regeneration of Kennedy Way - Immingham's main central shopping area, which is also home to several national chains including, B&M, Poundstretcher and Aldi.

It forms part of a £100,000 investment for Crofts, which also sees the Cleethorpes branch doubling in size - and the opening of a third branch in Market Place, Louth. All branches feature touch-screen technology accessible from the footpath, making it possible to book appointments 24/7 and e-mail property details home outside of branch opening hours.

Explaining the reasons behind the new branch location, Gary Croft said: "I think with the renaissance with Kennedy Way we wanted to be part of it, and we thought Immingham as a town was under-served by estate agents.

"This is the first time a mainstream, bigger, agent has come into the town, I think there is space for it, and there is a good catchment.

"There is also the rental factor to consider in Immingham, for a lot of people looking to come in to the area for work.

"We did our research, we looked into what had sold in the postcodes over the past five years, and I thought we could really get some market share and provide a good service to the town."

Vicki Parish has been appointed branch manager at Immingham, having been with Crofts for five years.

Crofts are proud to be the first high street agent to serve the popular residential town of Immingham and are looking forward to becoming more involved in the support of its growing community.

Established in 2005, Crofts has established itself as a leading independent estate agency specialising in Residential Sales, Lettings, New Home Sales, Commercial Property and Financial Services. With over 50 years of combined experience we have an extensive knowledge of the local property market, allowing us to offer a wide range of services giving you the exact product you are looking for. Crofts offer all the traditional values you would expect from an established business and have combined them with the latest technology and industry related innovations to create the best formula to get results. We are striving through demanding excellence to provide an all round good property experience for anyone, company or individual on any business that we undertake. Crofts will never rest on our laurels - but will be seen setting the standards for the future of local Estate Agency.

Notes

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Disclaimer - Property reference 11515342. 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 Crofts Estate Agents, Immingham. 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.

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Crofts Estate Agents, Immingham on 01469 425230.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

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