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Cambridge Street, Cleethorpes, DN35

Price £250,000

Overview

Retail Property (High Street) for sale in Cambridge Street, Cleethorpes, DN35

Key Features:

  • Fantastic Investment Opportunity
  • GF & FF Commercial Premises With Separate Access
  • FF Currently Let At £1000 Per Calendar Month
  • Excellent Investment In An Area Surrounded By Regeneration


ATTENTION INVESTORS - This is a fantastic opportunity to purchase a commercial premises located in the heart of Cleethorpes, close to the bustling high street.
The Building has been divided into two separate self-contained units, with the first floor being let to a beauty parlour and the recently vacated ground floor, which was previously occupied by a tea room.
The property benefits from electric shutters to the ground floor front and rear and a fire alarm system.
Each unit, when let, achieves a rent of £1000 per calendar month, which represents an annual income of £24,000 and a gross initial yield of 9.6% at the current asking price.
Cleethorpes is currently benefitting fro... Read more

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