1 Carnforth Para
Grimsby DN34 5LA
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Retail unit with residential space above
- Sitting in the heart of Grimsby
- Positioned within an established row of shops
EXECUTIVE SUMMARY
Crofts Estate Agents are pleased to bring to the market this retail unit with tenanted residential flat above, positioned within an established row of shops in the heart of Grimsby. The retail property is expected to achieve annual rent of £10,650. The flat above comes with tenants in situ currently paying £112.50 per week. The unit has an electric shutter covering the front and offers a spacious main sales area that can be refitted to suit your business requirements, along with a staff kitchen, storage cupboard and toilet to the rear.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Tenure
Freehold/Long Leasehold
Property Subtype
Storefront Retail/Residential
Building Size
699 SF
Building Class
C
Year Built
1965
Price
$122,454
Price Per SF
$175
Cap Rate
11.20%
NOI
$13,715
Tenancy
Single
Building Height
2 Stories
Parking
2 Spaces (2.86 Spaces per 1,000 SF Leased)
Frontage
26 FT on Carnforth Parade
AMENITIES
- Energy Performance Rating - D
- Storage Space
