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Mixed Use Investment Opportunity, Ashby Road, Scunthorpe

£425,000

Business rates & charges may apply

Walshe's Commercial, Scunthorpe
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SECTOR

6 bedroom mixed use property for sale

Key features

  • Great Investment Opportunity
  • Large Commercial Unit
  • Rear Parking for multiple cars
  • Five Total Units

Description

Walshe's Property proudly presents this fantastic mixed used investment opportunity on Ashby Road in Scunthorpe, North Lincolnshire. Comprising of four flats & a large office space, all in great condition, the property is fully pre-tenanted, with with the following rents:Large Office Space - £666.67 pcmTwo Bedroom Flat x2 - combined £1050 pcmOne Bedroom Flat x2 - combined £900 pcmTotal Monthly Rent - £2616.67 Current Gross Rental Yield of 7.39%The property offers scope to increase rents up to the following rents:Large Office Space - £800 pcmTwo Bedroom Flat x2 - combined rent of £1200 pcmOne Bedroom Flat x2 - combined rent of £1100 pcmTotal Potential Monthly Rent - £3100Total Potential Gross Rental Yield of 8.75%For further information please contact us.

Brochures

Mixed Use Investment Opportunity, Ashby Road, Scunthorpe

Approximate location

NEAREST STATIONS

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

About Walshe's Commercial, Scunthorpe

12 Oswald Road, Scunthorpe, DN15 7PT

Notes

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Disclaimer - Property reference 12919310. 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.