Floorplan
Map1 bedroom property for sale
Key information
Features and description
- Multiple Unit Mixed Use Property
- Four Flats and Ground Floor Commercial Unit
- Currently Generating £1850.00 PCM
- Long Term Sitting Tenants
- Ideal Long Term Property Investment
- Freehold title
We are pleased to offer to auction this incredible multi-unit investment opportunity that includes four, one bedroom flats as well as an extensive ground floor commercial units.
The property currently enjoys full occupancy with five long terms tenants included within the sale. Currently generating a monthly income of £1850.00.
The property boasts close proximity to Grimsby Town Centre as well as being on a direct route to both the A180 and Cleethorpes Sea Front.
Although the overall building offers opportunities for improvement the flats each benefit from modern fitted kitchens and bathrooms with units set over three storeys.
For those seeking an attractive mixed use investment, this is certainly an opportunity worth exploring in detail.
Please note we have not inspected this property.
Rooms
Location
The subject property is located along Cleethorpe Road, Grimsby. The property is well located along the central road through Grimsby, with easy access to all local amenities and transport links with two train stations being a short walk away. The subject property is 34 miles south of Hull and 77 miles east of Leeds.
Tenure
Freehold. Title number HS97537.
Council Tax
All flats band A.
EPC
Available upon request (all rating E).
Auctioneers Additional Comments
Pattinson Auction are referred to below as The Auctioneer. This auction lot is being sold under either conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer. The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer. Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between any marketing agent and The Auctioneer so that all matters can be dealt with effectively. The property is being sold via a transparent online auction. To submit a bid on any property marketed by The Auctioneer, all bidders buyers must adhere to a verification of identity process in line with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere. Our verification process is in place to ensure AML procedures are carried out in accordance with the law
Auctioneers Additional Comments
The advertised price is commonly referred to as a Starting Bid or Guide Price and is accompanied by a Reserve Price. The Reserve Price is confidential to the seller and the auctioneer and will typically be within a range above or below 10% of the Guide Price , Starting Bid. These prices are subject to change. An auction can be closed at any time with the auctioneer permitting for the property (the lot) to be sold prior to the end of the auction. A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers obligations and sellers commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.
Auctioneers Additional Comments
In order to secure the property and ensure commitment from the seller, upon exchange of contracts, the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price. The deposit will form part of the purchase price. A non-refundable reservation fee of up to 6% inc VAT (Subject to a minimum fee which could be up to 7,200 inc VAT) is also payable upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs. Both the Marketing Agent and the Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received. There is no requirement or obligation to use any recommended suppliers or services.
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