Flat for sale in Pyewipe, Gilbey Road, Grimsby DN31

£138,999
4 4 4
Interested in this property? Call +44 1298 437941 * or Request Details

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Property description



Tired of getting 1% on Savings in Bank account?

Looking for an Amazing Substantial Property!

Mixed use investment opportunity

4 x 1 Bed Self-contained flats (currently all flats let!)

1 x Shop unit and basement (Tenanted Lease –£260 per month) – 5 years from March 2017

Shop 944 Sq. Ft (87.8 Sq. M)

Basement 628 Sq. Ft (54.4 Sq. M)

Producing £15000+ per annum

Description

This substantial three storey property comprises a ground floor retail unit, together with four one bedroom flats on the first and second floors.

The property on the ground floor retail unit has ground floor sales accommodation and further basement storage space.


Freehold


Untold Potential:

• Sell 2 Flats Leasehold – Let out other two

• Let all Flats to Christian Care, Salvation Army, etc

• After Shop lease over – let to kfc, Subway, betting chain, etc

Location

The subject property is prominently located on a busy parade on Cleethorpe Road, which is the main arterial route to both the towns of Grimsby. The property benefits from plenty of passing footfall and traffic.

The premises are highly accessible via the A180 which links to Cleethorpes, North East Lincolnshire and East Yorkshire.

Grimsby has a population of c.90,000.

Grimsby train station is located within walking distance of the property.

Want “hands off Management:

Management & Letting of Property

The property is currently managed and units are let through local agents. The commercial unit is managed at 8% of total rent and the residential units are managed at 9% of total rent.

Property info

View original

Nearby transport

  • Grimsby Docks (0.2 miles)
  • New Clee (0.5 miles)
  • Grimsby Town (1.0 mile)
  • Humberside Airport (11.5 miles)
  • Robin Hood Airport (39.0 miles)
  • Leeds Bradford International Airport (68.1 miles)
  • Hull Ferry Terminal (14.4 miles)
  • West Lynn Ferry Landing (59.7 miles)
  • King's Lynn Ferry Landing (59.8 miles)

Nearby schools

View all schools in North East Lincolnshire
  • Strand Primary Academy (0.1 miles)
  • Weelsby Academy (0.4 miles)
  • Saint Mary's Catholic Voluntary Academy (0.5 miles)
  • The Orchard (2.1 miles)
  • Sevenhills Academy (2.2 miles)
  • The Boulevard Centre (16.5 miles)
  • Phoenix Park Academy (0.7 miles)
  • Havelock Academy (1.3 miles)
  • St James' School (1.3 miles)
Note: Distance is shown as a straight line measurement

Local info for North East Lincolnshire

About the neighbours in DN31

Arrange Viewing

For more information about this property, please contact
Doorsteps.co.uk, National, HA3 on +44 1298 437941 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Doorsteps.co.uk, National, and do not constitute property particulars. Please contact Doorsteps.co.uk, National for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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