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Commercial property for sale

164-166, Cromwell Road, Grimsby, North East Lincolnshire, DN31 2BA

Guide Price
£175,000

£98.87 per sq ft

Business rates & charges may apply

PPH Commercial Limited, Scunthorpe
SIZE AVAILABLE

1,770 sq ft

164 sq m

SECTOR

Commercial property for sale

Key features

  • Two storey mixed-use premises For Sale.
  • Total income of £16,740 per annum (9.31% Net Initial Yield).
  • Freehold premises subject to existing Lease and Assured Shorthold Tenancies.
  • Ground floor currently let at £6,000 pax.
  • First floor flats let at a combined rent of £10,740 per annum.

Description

The premises comprise a mid-terraced mixed-use premises of masonry construction surmounted by a pitched interlocking tiled roof. The ground floor provides a double fronted retail unit which is currently utilised as a tanning salon and benefits from suspended ceiling incorporating fitted LED lighting, mixed floor coverings and 3 phase electricity. The first floor provides 2 no. self-contained two bedroom flats which are currently let on Assured Shorthold Tenancy agreenents.

Brochures

164-166, Cromwell Road, Grimsby, North East Lincolnshire, DN31 2BA

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Grimsby Town Station0.7 miles
  • Grimsby Docks Station1.2 miles
  • Great Coates Station1.3 miles

About PPH Commercial Limited, Scunthorpe

First Floor, Prince House, Arkwright Way, Scunthorpe DN16 1AD

Notes

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Disclaimer - Property reference 26477FH. 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 PPH Commercial Limited, 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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