42-43 Alexandra Road, Cleethorpes, North East Lincolnshire, DN35 8LE

Guide price

ÂŁ160,000

Size

2,088

Tenure

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EPC

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Parking

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Primary use
Other

No floor / site plan

Key features

  • Current rental income of ÂŁ17,000 per annum with potential rent increase in November 2023 to Market Rent or RPI, whichever be the higher.
  • Popular seaside location.
  • Net initial yield of 10.4%.

Description

The property is a Victorian property and comprises part ground and first floor being currently used as a café with a service yard/car parking to the rear which is accessed from Dolphin Street.

The property comprises a mid-terraced double fronted ground retail property which is now operating as a café and is currently laid out to provide a counter area with two separate seating areas, preparation area, kitchen, stores, WC's, including a disabled WC, together with a rear garage and a first floor office/store.

The property benefits from fitted lighting, together with gas central heating to wall mounted radiators.
Additional information
Service charge
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Business rates
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Use class
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Listed building
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Energy performance certificate: Ask agent

An Energy Performance certificate helps you understand the current energy efficiency of a property.

Read more about EPC requirements
Environmental data
BREEAM rating
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Environmental description
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Read more about energy considerations for commercial property

Brochure

42-43 Alexandra Road, Cleethorpes, North East Lincolnshire, DN35 8LE

NEAREST STATIONS

National Rail

Cleethorpes Station

0.14 miles

National Rail

New Clee Station

1.59 miles

National Rail

Grimsby Docks Station

2.19 miles

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Disclaimer - Property reference 19893FH. 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.