50-52 Newmarket Street, Grimsby, South Humberside, DN32 7BP

Situation: The properties are situate on Newmarket Street, Grimsby, a popular and central area just of Freeman Street in the heart of this historic Port town. There are a wide range of facilities and amenities within close proximity along with excellent access to the M180 road network. Description: A wonderful opportunity to acquire this high yielding investment opportunity, made up of 4 individually units, including 3 residential and one commercial. The property comprises one mid and one end of terrace unit, currently arranged as 3 self contained flats and a retail premises. Current rent passing is approximately £16,400 per annum with scope to increase subject to the necessary notices to bring in line with market rents. Valued for the open market by a local commercial agent at £125,000 - £135,000. ACCOMMODATION The properties comprise of: First Floor Flat – 50 Newmarket St Living Room Bedroom 1 Bedroom 2 Kitchen Bathroom First Floor Flat – 52 Newmarket St Living Room Bedroom Kitchen Bathroom Ground Floor Flat – 50 Newmarket St Living Room Bedroom Kitchen Bathroom Ground floor Retail Unit – 52 Newmarket St Small outside courtyard area to the rear. MATERIAL INFORMATION Tenure: The property is leasehold. All prospective bidders should satisfy themselves of the tenure by inspecting the legal pack. Council Tax: The property falls within North East Lincolnshire Council – BAND A Poss…

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