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No longer on the market

This property is no longer on the market

Front External
Fff Kitchen
Fff Living Room
Fff Hall
Fff Bedroom
Fff Bathroom
Gff Living Room
Gff Kitchen
Gff Bedroom
Gff Bathroom
Gff W.C.
External
External (2)
Epc - Gff
Epc - Fff
Epc - Commercial

Retail property (high street)

Sold STC
Retail property (high street)
Added > 14 days

Features and description

  • Attention investors
  • Fantastic investment property
  • One Commercial Unit & Two 1 Bedroom Flats
  • Annual Rental Income of £6,640
  • Located on busy position Close to Grimsby Town Centre
  • Business not for sale Lease subject to Landlord & Tenant Act 1954
ATTENTION INVESTORS - This is a fantastic opportunity to purchase this fully-let investment property which includes a popular ground floor commercial premises and two 1-bedroom flats. The property is situated in a busy position on Corporation Road, close to Grimsby town centre with its vast array of amenities and transport links.
The premises is currently achieving a annual income of £11,452, which equates to a yield of approximately 12.05%..

Flat 1 = £4560 pa
Flat 2 = £4252 pa
Shop = £2640 pa

Please contact Jackson, Green & Preston for more information. An excellent opportunity not to be missed.
N.B. Business not for sale, Lease subject to Landlord & Tenant Act 1954.

Rooms

Ground Floor Commercial Space

Mains Sales Area 3.5m x 4.52m
Benefitting from electric roller shutters to the front of the property with uPVC double glazed windows and entrance door. Having recently been refurbished by the tenant, the sales area now incorporates a breakfast bar, fixed wooden worktops, a food preparation area and has been tastefully decorated in neutral colours and fitted with wood effect laminate flooring.

Storage Area
With hand basin, electric water heater and plain vinyl flooring.

W.C. 1.9m x 0.89m
With low flush toilet and plain vinyl flooring.

First Floor Flat

Landing 1.33m x 2.05m

Living Room
5.5m into chimney recess x 3.6m - With uPVC double glazed window, gas fire and radiator.

Bedroom
3.70m into chimney recess x 3.63m - With uPVC double glazed window and radiator.

Bathroom 1.87m x 2.1m
With uPVC double glazed window, toilet, wash hand basin, shower over bath and radiator.

Kitchen 3.03m x 2.95m
Having a range of fitted wall and base units, sink with drainer, wood effect worktops and laminate floor coverings with uPVC double glazed window and radiator.

Ground Floor Flat

Kitchen 3m x 2.6m
Having a range of fitted wall and base units, sink with drainer, wood effect worktops and laminate floor covering with uPVC double glazed window and radiator.

Living Room 3m x 4.78m
With uPVC double glazed window and radiator.

Bedroom 3.63m x 3.05m
With double glazed uPVC windows and radiator.

Bathroom 1.48m x 1.99m
Having bath, handwash basin, wood effect laminate flooring and uPVC double glazed window.

W.C 1.47m x 0.87m
With low flush toilet and uPVC double glazed window.

Tenure
Believed to be Freehold. All interested parties are advised to make their own enquiries.

Tenancy Agreements
Shop, 137 Corporation Road - £220 PCM on a 5 year commercial lease from December 2021 Flat 2, 137 Corporation Road - £76 PW let on an Assured Shorthold Tenancy Agreement from February 2015

Council Tax Band A
This information was obtained on the 19th August 2021 and is for guidance purposes only. Purchasers should be aware that the banding of the property could change if information is brought to light that makes it clear to the Valuation Office Agency that an error was made with the original allocation. Additionally, there may be circumstances when the Council Tax can be altered on change of ownership. All interested parties are advised to make their own enquiries. See

Business Rates
The current rateable value for the commercial aspect is £1,825.00 as per the ratings list of 1st April 2017. All interested parties are advised to make their own enquiries.

Sources Of Useful Information
Purchasers may find the following websites useful in providing additional information in respect of the property and the immediate surrounding area.

Property information from this agent

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Area statistics

Crime score
High crime
8/10

About this agent

Jackson Green and Preston Estate Agents and Property Management - Grimsby
Jackson Green and Preston Estate Agents and Property Management - Grimsby
19 West St. Mary's Gate Grimsby DN31 1LE
01472 467885
Full profileProperty listings
Founded in 1920, Jackson Green & Preston is Grimsby and Cleethorpes largest and best known local Estate Agency, with 100 years experience in the property market. In 2011, on the retirement of the Partners in Goudes Chartered Surveyors, we acquired their very successful Lettings and Management Department, reinforcing our position as one of Grimsby's premier Management Agents. In 2016, following the retirement of the principal of Bacons Property Management, we were again approached and offered the opportunity to further enhance our position as Grimsby’s leading lettings specialist by acquiring Bacons Property Management. We have two offices, both situated in Town centre locations, each having excellent window displays. Well laid out and smartly furnished, the offices have a warm and welcoming atmosphere, and our friendly staff are always on hand to offer assistance and advice.
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