End-terrace mixed use property
Extends to approximately 124.0 sq m (1,335 sq ft) overall Forms part of an established retail parade
Open-plan retail and ancillary accommodation to the ground floor
Three bedroom flat to the first floor
The property is situated on the northern side of Carnforth Crescent adjacent to the rear entrance of Cambridge Park Academy. Carnforth Crescent is 1 mile to the south west of Grimsby town centre while the A46 is located ¼ mile to the south.
Description
The property comprises a two-storey, end-terrace, mixed use residential/commercial property offering ground floor retail accommodation with store and WC while the first floor comprises a lounge, kitchen, bathroom and three bedrooms. There is a communal car parking area to the front of the property. Nearby occupiers include Sidhu’s chip shop and a Premier convenience store.
Accommodation
Ground Retail 58.9 sq m (634 sq ft)
Ground Ancillary 6.0 sq m (65 sq ft)
First Residential 59.1 sq m (636 sq ft)
Terms
The premises are offered For Sale at a guide price of £85,000, subject to leases, reflecting a gross yield of 12.2%
Property | Tenant | Lease Term | Expiry | Rent | Business Rate/Council Tax | EPC |
Ground Floor | Local covenant | 5 years | May 2026 | £5,200 p.a. | £3,300 p.a. | C |
First Floor | Residential | AST | Rolling | £5,200 p.a. | £1,335.61 p.a. | D |
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