Property photos
Just added
£160,000
(£76.63/sq. ft)
Property for sale
Alexandra Road, Cleethorpes, North East Lincolnshire DN352,088 sq. ft
Local area information
Property location
Nearby amenities
- St Peter's CofE Primary School 0.1 miles
- Cleethorpes 0.1 miles
- Reynolds Primary Academy 0.5 miles
- New Clee 1.6 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Cleethorpes to find out more about the local area.
Features and description
- Current rental income of £17,000 per annum with potential rent increase in November 2023 to Market Rent or rpi, whichever be the higher.
- Popular seaside location.
- Net initial yield of 10.4%.
The property is a Victorian property and comprises part ground and first floor being currently used as a café with a service yard/car parking to the rear which is accessed from Dolphin Street.
The property comprises a mid-terraced double fronted ground retail property which is now operating as a café and is currently laid out to provide a counter area with two separate seating areas, preparation area, kitchen, stores, WC's, including a disabled WC, together with a rear garage and a first floor office/store.
The property benefits from fitted lighting, together with gas central heating to wall mounted radiators.
Current rental income of £17,000 per annum with potential rent increase in November 2023 to Market Rent or rpi, whichever be the higher.
Popular seaside location.
Net initial yield of 10.4%.
The property comprises a mid-terraced double fronted ground retail property which is now operating as a café and is currently laid out to provide a counter area with two separate seating areas, preparation area, kitchen, stores, WC's, including a disabled WC, together with a rear garage and a first floor office/store.
The property benefits from fitted lighting, together with gas central heating to wall mounted radiators.
Current rental income of £17,000 per annum with potential rent increase in November 2023 to Market Rent or rpi, whichever be the higher.
Popular seaside location.
Net initial yield of 10.4%.
More information
Listed by
PPH Commercial
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