Retail property (high street)
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
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
Area statistics
About this agent

















Floorplans (
Area stats