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Mixed Use Investment Opportunity, Scunthorpe

£950,000

Business rates & charges may apply

Walshe's Commercial, Scunthorpe
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SECTOR

17 bedroom mixed use property for sale

Key features

  • Mixed Use Investment Opportunity
  • Heart of thriving town centre
  • Potential Yield of nearly 10% PA
  • 9 Flats, Two Houses and Three Commercial Units
  • Parking Area

Description

Walshe's Property proudly presents this fantastic mixed used investment opportunity in the heart of Scunthorpe, North Lincolnshire. Comprising of nine flats, two houses and three commercial units with associated stores to the rear. Currently the property is fully tenanted, however, the current rental yields are not reflective of their full potential, with the potential yields listed as below: Commercial Unit 1 - £1,000 pcm Commercial Unit 2 - £1,100 pcm Commercial Unit 3 - £1,100 pcm Terraced House X2 - £1,200 pcmOne bedroom flat X7 - £3,150 pcmTwo bedroom flat X2 - £1,100 Total Monthly Rent - £8,650 Toal Annual Rent - £103,800Gross Rental Yield of 10.93%For further information please contact us. ~Please note that the businesses are unaffected and subject to a sale would be relocating ~

Brochures

Mixed Use Investment Opportunity, Scunthorpe

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Scunthorpe Station0.4 miles
  • Althorpe Station3.3 miles

About Walshe's Commercial, Scunthorpe

12 Oswald Road, Scunthorpe, DN15 7PT

Notes

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Disclaimer - Property reference 12596625. 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 Walshe's Commercial, Scunthorpe. 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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