£175,000
(£98.87/sq. ft)
Property for sale164-166, Cromwell Road, Grimsby, North East Lincolnshire DN31
1,770 sq. ft
About this property
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.
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.
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Monthly repayment
£875 per month
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