Grimsby Road, Cleethorpes, N E Lincs, DN35
- PROPERTY TYPE
End of Terrace
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- Fantastic Investment Opportunity
- Mixed Commercial and Residential Use
- 3 Residential Flats and Commercial Workshop
- Frontage Ideal for Advertisement Space
- Solar Panel Arrays on Payback Tariff
- 4 Sitting Tenants currently in place
- Income Circa £23,500 PA (Including Panels)
- All Under Single Freehold
- Opportunity for Income Growth
Description
Comprised of three residential flats, which includes two 1 Bedroom units and one 2 bedroom, and a small shop frontage - suitable mainly for high street advertising space.
Not only this but the property also possesses a large series of solar panel arrays that are still paying a feed in tariff which this agent is advised results in a return of circa £1000 PA.
Every residential flat is in possession of its required documentation and certification and each unit is currently occupied with each tenant wishing to stay on for long term tenancies where possible.
In total, the property is currently generating circa £18,500 PA but is capable of increasing this quite considerably over time.
This is a large and well maintained property that has benefitted from the careful attention of a diligent landlord for many years and carries the additional benefit of being situated on a high street location within close proximity to both Cleethorpes beach and Grimsby Town centre, making this an immediately attractive and popular location that should never lack for interest.
All in all, this a great chance to acquire a large, lucrative and ideally placed investment opportunity that should hopefully form the basis of a long term source or reliable income.
- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
- Band: TBC
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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- GARDENA property has access to an outdoor space, which could be private or shared.
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- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent
Grimsby Road, Cleethorpes, N E Lincs, DN35
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Visit our security centre to find out moreDisclaimer - Property reference MAI240094. 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 Relo Estate Agents, Covering 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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