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Grimsby Road, Cleethorpes

PROPERTY TYPE

Terraced

BEDROOMS

2

BATHROOMS

2

SIZE

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TENURE
Describes 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

  • For Sale by Modern Auction – T & C's apply
  • Subject to Reserve Price
  • Buyers fees apply
  • 10% deposit payable
  • Rare mixed-use investment opportunity. Large commercial shop premises with prominent frontage
  • Multiple storage rooms offering versatile usage
  • Two separate WC facilities, one with a shower
  • Prime Grimsby Road location within the sought-after seaside resort of Cleethorpes
  • All units currently tenanted, providing immediate income
  • Both flats include fitted kitchens and shower rooms

Description

Auctioneer comments This property is for sale by Traditional Auction. Exchange takes place immediately with completion within 28 days. The buyer pays a 10% (of the purchase price) Non-Refundable Deposit on exchange. Interested parties' personal data will be shared with the Auctioneer (iamsold Ltd). The buyer signs a Reservation Agreement and makes payment of a Non-Refundable Reservation Fee of 4.5% of the purchase price inc VAT, subject to a minimum of £6,600 inc. VAT. This Fee is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty. A Buyer Information Pack is provided, which you must view before bidding. The buyer is responsible for the Pack fee. For the most recent information on the Buyer Information Pack fee, please contact the iamsold team. Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £960 inc. VAT. These services are optional. Roost Estate Agents are delighted to offer this rare and exciting investment opportunity in the sought-after seaside resort of Cleethorpes. Situated in a prime business location on Grimsby Road, this substantial mixed-use property presents an excellent chance to acquire a large commercial premises together with two separate one bedroom flats, all of which are currently tenanted and generating an immediate income.Ideally positioned for a wide range of amenities, regular bus services and only a short distance from the seafront, the property benefits from strong passing trade and excellent accessibility, making it an attractive proposition for investors seeking a well-located income producing asset.The ground floor comprises a generously sized shop frontage with multiple storage rooms, offering versatile space that could be utilised for a variety of commercial purposes. The commercial accommodation further benefits from two separate WC facilities, one of which also incorporates a shower.To the rear of the first floor are two separate one bedroom flats, each featuring a fitted kitchen and shower room. Both flats are currently occupied, providing additional rental income and enhancing the overall investment appeal of the property.Internal viewing is highly recommended to fully appreciate the size, versatility and future potential of this unique opportunity in one of Cleethorpes' most desirable commercial locations.

Brochures

Full Details
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: A
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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Grimsby Road, Cleethorpes

Approximate location

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Affordability

Monthly repayments£552
Property: £ 110,000
Deposit: £ 11,000
Interest rate: 5.33%
Term: 30 years
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These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
Renovation potential
Recently sold & under offer
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About Roost Estate Agents, Cleethorpes

15 Highgate Cleethorpes DN35 8NR
Industry affiliations:

Roost Estate Agents are the areas first local fixed fee estate agent who offer sellers a high end package for just a low cost fixed fee, no matter what price your property is.

Based in Cleethorpes, they are owned by a husband and wife team of Richard and Sophie, both of which are fully qualified with ARLA & NAEA, meaning you are in safe hands with over 14 years of property experience in both sales and lettings.

The Cleethorpes office is found in a period building just minutes from the beach and they have a super team within the office on hand six days a week.

Also offering a managed letting service, along with an in house mortgage advisor to guide you every step of the way.

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Disclaimer - Property reference 12876829. 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 Roost Estate Agents, Cleethorpes. 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.

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Roost Estate Agents, Cleethorpes on 01472 404604.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
**This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.