Overview
- Investment
Description
Location
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.
Summary
Key points
- 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%.
Mortgage Calculator
Monthly
-
Down Payment
-
Loan Amount
-
Monthly Mortgage Payment
42-43 Alexandra Road, Cleethorpes, DN35 8LE
Contact Information
View ListingsSimilar Listings
- £410,000 for sale
12-13 Monks Brook Industrial Park, School Close, Chandler’s Ford, Eastleigh, SO53 4RA
12-13 Monks Brook Industrial Park, School Close, Chandler's Ford, Eastleigh, SO53 4RA, Eastleigh, Hampshire, Chandler's Ford
- £200,000 for sale
12 Monks Brook Industrial Park, School Close, Chandler’s Ford, Eastleigh, SO53 4RA
12 Monks Brook Industrial Park, School Close, Chandler's Ford, Eastleigh, SO53 4RA, Eastleigh, Hampshire, Chandler's Ford
- £210,000 for sale
13 Monks Brook Industrial Park, School Close, Chandler’s Ford, Eastleigh, SO53 4RA
13 Monks Brook Industrial Park, School Close, Chandler's Ford, Eastleigh, SO53 4RA, Eastleigh, Hampshire, Chandler's Ford
- on application
Cygnet House, Taylorson Street South, Salford Quays, Manchester, M5 3BL
Cygnet House, Taylorson Street South, Salford Quays, Manchester, M5 3BL, Manchester, Salford Quays
- £600,000 offers in excess of
72 School Road & 1-3 Curzon Road, Sale, M33 7XB
72 School Road & 1-3 Curzon Road, Sale, M33 7XB, Sale, Cheshire
- £295,000 offers in the region of
115 Chestergate, Macclesfield, SK11 6DP
115 Chestergate, Macclesfield, SK11 6DP, MACCLESFIELD, Cheshire
- £250,000
Unit 13 Magreal Industrial Estate, Freeth Street, Birmingham, B16 0QZ
Unit 13 Magreal Industrial Estate, Freeth Street, Birmingham, B16 0QZ, Birmingham, West Midlands
- £250,000 for sale
Unit 16 Test Valley Business Centre, Test Lane, Nursling, Southampton, SO16 9JW
Unit 16 Test Valley Business Centre, Test Lane, Nursling, Southampton, SO16 9JW, Southampton, Hampshire, Nursling
- £225,000 for sale
Unit 15 Test Valley Business Centre, Test Lane, Nursling, Southampton, SO16 9JW
Unit 15 Test Valley Business Centre, Test Lane, Nursling, Southampton, SO16 9JW, Southampton, Hampshire, Nursling
- PPH Commercial
