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Mixed Residential And Commercial Portfolio , Dixon Place, Norton Street And Commercial Road, Grantham, NG31 6DP

From
£1,020,000

£2965.12 per sq ft

Business rates & charges may apply

Brown & Co, Lincoln
SIZE AVAILABLE

344-969 sq ft

32-90 sq m

SECTOR

Commercial property for sale

Key features

  • Rarely available predominately Residential Investment Property Portfolio
  • Current gross rental income approx. £77,076 per annum
  • Within Grantham Town Centre
  • Limited Company Sale to save SDLT

Description

Detailed Description

8 Commercial Road is a terraced Ground and First Floor Office premises comprising 3 Offices, Kitchen & WC on the Ground Floor and an additional Office on the First Floor. The Office will be sold with Vacant Possession.

8A Commercial Road is First and Second Floor Flat with its own Ground Floor access to the rear. Internally the property comprises a Living Room and Kitchen on the First Floor with two Bedrooms and Bathroom on the Second Floor. The property is currently let on an Assured Shorthold Tenancy producing a rent of £5,400 per annum.

Dixon Place comprises a detached block of 12 Flats spread over three Floors with a shared Car Park to the rear. Internally each Floor comprises of 1 x Studio, 2 x 1 Bedroom Flat and 1 x 2 Bedroom Flats (4 flats in total per floor). All of the Flats are let on Assured Shorthold Tenancies producing a gross rent of approximately £59,496 per annum.

98 Norton Road is 2 Bedroom mid-terraced House with a garden to the rear. Internally the property comprises a Kitchen and Living Room on the Ground Floor and 2 Bedrooms and Bathroom on the First Floor. The property is currently let on an Assured Shorthold Tenancy producing a rent of £5,940 per annum.
104 Norton Road is 2-bedroom end-terraced House with a garden to the rear. Internally the property comprises a Kitchen and Living Room on the Ground Floor and 2 Bedrooms and Bathroom on the First Floor. The property is currently let on an Assured Shorthold Tenancy producing a rent of £6,240 per annum.

104 Norton Road is 2-bedroom end-terraced House with a garden to the rear. Internally the property comprises a Kitchen and Living Room on the Ground Floor and 2 Bedrooms and Bathroom on the First Floor. The property is currently let on an Assured Shorthold Tenancy producing a rent of £6,240 per annum.


Location

Grantham is an established Market Town in South Lincolnshire being approximately 23 miles East of the City of Nottingham, and 25 miles South of the City of Lincoln and having a resident population of approximately 38,000 people with a large catchment area. The A1 runs immediately to the West of the Town providing excellent road communication links with Grantham also having a main line rail connection to London Kings Cross with a fastest journey time of approximately 75 minutes.

All of the properties are is located just off Wharf Road, approximately 0.3 miles North East of Grantham Railway Station and in close proximity to Morrisons
Supermarket & The Isaac Newon Shopping Centre. The properties are located in a mixed Commercial and Residential area of the Town.

Brochures

Mixed Residential And Commercial Portfolio , Dixon Place, Norton Street And Commercial Road, Grantham, NG31 6DP

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Grantham Station0.2 miles

About Brown & Co, Lincoln

5 Oakwood Road, Lincoln, Lincolnshire, LN6 3LH

Notes

These notes are private, only you can see them.

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