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Flats 1-8, 15 Strand Street, Grimsby

Offers in excess of £300,000

7 Bedroom Commercial Property For Sale in Flats 1-8, 15 Strand Street, Grimsby

An exciting Investment opportunity, this is a three-storey building with ground floor commercial accommodation (let at �7,280 per annum) and the first and second floors have been cleverly converted to provide 8 flats of varying sizes. The flats, having been recently converted, each benefit from modern kitchen and bathroom and have been decorated in modern pastel shades. When fully let the property produces an annual rental income of �38,480 per annum. - OFFERS IN EXCESS OF �300,000

Jackson, Green & Preston are excited to offer for sale an excellent investment opportunity comprising ground floor commercial premises with eight flats above.The ground floor commercial premises are currently let, producing a rental income of £7,280 p.a.x., (April 08).The first and second floors have just been converted to provide eight flats of varying sizes. All the flats are finished to a good standard and have newly-installed fitted kitchens and bathrooms.When fully let the property produces an annual rental income of £38,480 per annum.This is a great opportunity to own a mixed commercial and residential investment portfolio, all housed within this freehold building.Ground FloorCommercial Unit: The commercial unit comprises approximately 2043 sq. ft, and is currently let for a period of ten years from the third of January 2005 with a passing rent of £7,280 per annum. The lease if available for perusal at our Grimsby office. (All information correct at time of producing these particulars).COMMERCIAL EPCResidentialFirst FloorLandingFLAT 1: With entrance hall.Living Area: 4.93m (16ft 2in) max x 2.46m (8ft 1in)With electric heater, having airing cupboard containing hot water cylinder with electric immersion.Bedroom: 3.15m (10ft 4in) x 2.77m (9ft 1in) With electric heater and a uPVC double glazed window unit.Shower Room: Fitted with a low-flush w.c. and pedesta... Read more

Property Features

  • Ideal Investment Opportunity
  • At The Time Of Preparing The Brochure - Ground Floor Commercial Premises (Let At �7,280 Per Annum)
  • 8 Recently Converted Flats/Bedsits
  • Flats With Modern Kitchens & Bathrooms
  • The Flats & Shop When Fully Let Produce A Total Annual Income Of �38,480

floorplan

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floorplan

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Ref: 58564-1_30010810

Jackson Green & Preston

19 West Saint Marys Gate
Grimsby
Lincolnshire
DN31 1LE
United Kingdom

T: 01472 311 113
E: enquiries@jacksongreenpreston.co.uk

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