Property Information
Address:
Burgess Court, 156-166 Victoria Street South, Grimsby
, DN31 1NX
Price: Buy: POA
Size: 2517 sq ft234 sqm
Primary Category: Investment
All Categories:
Investment,
Property Ref/Movehut: MH635682
Property Ref/Agent: 1673
*Please use the agent ref when calling the agent directly.
Property Date Information
Last Updated: May 2, 2024
Property description
The property comprises five storey mixed use premises, comprising flexible retail accommodation on the ground floor with a separately accessed 18 flat residential complex above. The ground floor is currently split to provide three, separately accessed, retail units but is designed to provide easy reconfiguration to six smaller units.
Nearby occupiers include Allenby Stevenson, B&M Home Store and Home Bargains in addition to a variety of other local retailers
Mixed use retail/residential premises on the periphery of the town centre
Commercial accommodation extending to approxmately 217.5 sq m (2,341 sq ft) overall
Currently generating an income of £27,250 per annum
Residential accommodation let on a single long-leasehold basis
Businesses unaffected
Guide Price £295,000 Reflecting a gross yield of 9.25%
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