Hotel for sale in Lestrange Street, Cleethorpes, Lincolnshire, DN35
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- Mixed use property
- Commercial unit and 4 bed HMO
- Well established location
- Commercial unit previously let at 2,600 pa
- HMO Achieves in the region of £15,600 pa (when fully let)
- If fully let could achieve £18,200 per annum representing a 13.48% yield
- L2 Fire Alarm System
ATTENTION INVESTORS - Jackson Green and Preston are delighted to offer to the market this mixed-use property. Located in this well-established and sought-after area lying just off Brereton Avenue.
Briefly comprising self-contained ground floor commercial unit (previously used as a hairdressers) with the remainder of the ground floor being part of the HMO and including kitchen, living room, bedroom and W.C with the first floor offering 3 further bedrooms and bathroom.
Benefiting from uPVC double glazing, gas central heating (except for the commercial unit) and an L2 fire alarm system.
We have been informed by the current owner that the commercial property was last rented at £2,... Read more