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Freeman Street, Grimsby

Guide Price £100,000

4 Bedroom Commercial Property For Sale in Freeman Street, Grimsby

FOR SALE BY TRADITIONAL AUCTION - This is a mixed use property comprising a ground floor shop unit, a car repair workshop and store to the rear, 1 x 3 bedroomed flat, 2 x 1 bedroomed flats and 1 x studio flat. All units are currently let producing a rental of circa £24,000 per annum, however some of the flats do require a scheme of modernisation and refurbishment but this would make an ideal investment opportunity. - GUIDE PRICE £100,000

FOR SALE BY TRADITIONAL AUCTIONGUIDE PRICE £100,000This is an extensive mixed use commercial and residential property located on Freeman Street close to the Hainton Square junction.The commercial element of the property comprises a ground floor retail unit fronting Freeman Street with ancillary storage and with separate access to a car repair workshop, storage and yard area at the rear.The residential side of the property comprises of a 3 bedroomed ground floor flat, 2 x 1 bedroomed flats to the first floor and a further studio flat with separate access direct from Freeman Street.All units within the property are currently let with an annual rental of circa £24,000. This represents a yield of approximately 24% at the current guide price.Some of the flats do require a scheme of modernisation and refurbishment but would prove an ideal investment opportunity.We expect a good degree of interest and therefore interested parties are advised to make early enquiries.RETAIL UNITCAR REPAIR WORKSHOP: 9.36m (30ft 9in) x 17.88m (58ft 8in) Currently used as a car garage with power, light and water.STORAGECommercial EPCFLAT 4ABedroom 1: 4.45m (14ft 7in) x 3.86m (12ft 8in) With carpet, radiator and double glazed French doors to yard area.En-Suite Shower Room: With corner shower cubicle, white w.c., white wash hand basin, radiator and uPVC double glazed window. Tiled floor and parti... Read more

Property Features

  • FOR SALE BY TRADITIONAL AUCTION
  • Extensive Mixed Use Property
  • Excellent Investment Opportunity
  • Potential Rental Income Of Circa �24,000 Per Annum
  • Retail Unit
  • Car Repair Workshop & Store
  • 1 x 3 Bedroomed Flat
  • 2 x 1 Bedroomed Flat
  • 1 x Studio Flat

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Ref: 58564-1_30115459

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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