Guide price
£445,000
(£123.10/sq. ft)
Property for sale163-167, Yarborough Road, Grimsby, North East Lincolnshire DN34
3,615 sq. ft
Just added
About this property
Retail investment For Sale of 335.85 sq m (3,615 sq ft) approx.
Strong tenant covenant.
Net Initial Yield of 8.98% when taking into account typical purchasers costs.
Freehold premises.
The property comprises a two-storey mixed-use premises of masonry construction surmounted by a series of pitched and flat roofs.
The ground floor accommodation provides a lock up shop, having a predominantly open plan retail area to the front which benefits from a suspended ceiling incorporating fitted LED lighting, air conditioning, tiled flooring and aluminium shop windows and door with external security shutters. There is also ancillary accommodation, including offices, stores and staff WCs.
The first floor provides a self-contained flat which is currently vacant and requires refurbishment.
The ground floor accommodation provides a lock up shop, having a predominantly open plan retail area to the front which benefits from a suspended ceiling incorporating fitted LED lighting, air conditioning, tiled flooring and aluminium shop windows and door with external security shutters. There is also ancillary accommodation, including offices, stores and staff WCs.
The first floor provides a self-contained flat which is currently vacant and requires refurbishment.
Mortgage calculator
Monthly repayment
£2,226 per month
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