£475,000
(£470.76/sq. ft)
Property for sale40 High Street And 2 Kirkgate, 40 High Street, Waltham, Grimsby DN37
1,009 sq. ft
Freehold
About this property
Mixed use commercial / residential investment property
Popular village location
Historically low voids
Current rent £40,740 pa
Fixed rental uplifts to £41,640 pa
Description
An excellent opportunity for a high net worth individual, family office or small propco to acquire the freehold interest in this mixed use commercial and residential investment situated in the heart of the North Lincolnshire village of Waltham.
The property is of traditional brick construction with pan tile roofs and primarily timber window frames throughout with the exception of 40 High Street that has a modern shop front, but in keeping with the conservation area. Flat 1 2A Kirkgate has gas fired central heating, the other flats have electric heating.
The property is well presented with the current owners having kept up to date with routine repairs and maintenance.
Location
The property occupies a prominent corner location at the junction of High Street, Kirkgate and New Road in the heart of the popular village of Waltham, adjacent to the library and opposite the church.
Waltham is a popular suburban village four miles to the south of Grimsby and has a population of around 6,500 people, but also serves as a hub for a number of smaller adjoining villages. The property is within the conservation area and other businesses in the locality include Spar and Co-op convenience stores, two public houses, hot food takeaways, pharmacy and a variety of other village shops and amenities. There is a public car park accessed from Kirkgate.
Grimsby is the administrative centre for North East Lincolnshire and has a population of around 90,000 people with a wider catchment area including the town of Cleethorpes and numerous outlying villages.
An excellent opportunity for a high net worth individual, family office or small propco to acquire the freehold interest in this mixed use commercial and residential investment situated in the heart of the North Lincolnshire village of Waltham.
The property is of traditional brick construction with pan tile roofs and primarily timber window frames throughout with the exception of 40 High Street that has a modern shop front, but in keeping with the conservation area. Flat 1 2A Kirkgate has gas fired central heating, the other flats have electric heating.
The property is well presented with the current owners having kept up to date with routine repairs and maintenance.
Location
The property occupies a prominent corner location at the junction of High Street, Kirkgate and New Road in the heart of the popular village of Waltham, adjacent to the library and opposite the church.
Waltham is a popular suburban village four miles to the south of Grimsby and has a population of around 6,500 people, but also serves as a hub for a number of smaller adjoining villages. The property is within the conservation area and other businesses in the locality include Spar and Co-op convenience stores, two public houses, hot food takeaways, pharmacy and a variety of other village shops and amenities. There is a public car park accessed from Kirkgate.
Grimsby is the administrative centre for North East Lincolnshire and has a population of around 90,000 people with a wider catchment area including the town of Cleethorpes and numerous outlying villages.
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Monthly repayment
£2,376 per month
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