3 Grimsby Road, Cleethorpes, Lincolnshire, DN35 7AQ
The property is located fronting Grimsby Road (A180) close to the corner of Park Street.
End terrace property arranged as retail lock up trading as a sandwich bar/takeaway to the ground floor with a self contained flat to the upper floors, together with an advertising hoarding on the side. The property is fully let producing a combined annual equivalent income of ú13,109
The following details have been provided by the Vendor: Ground Floor Retail: 110 sq m (1,181 sq ft) Open plan shop/kitchen prep area, WC with sink. First Floor& Second Floor: 177 sq m (1,905 sq ft)
Interested parties should consult direct with the Local Planning Office, North East Lincolnshire Council, Municipal Offices, Town Hall Square, Grimsby DN31 1HU. Tel: 01472 326289.
1) The ground floor is let to a private individual at a rent of ú3,000 per annum with the term expiring on 24/04/2021. There is a Break Option and Rent Review on the 29/04/2018 and a deposit of ú1,375 is held. 2) The flat is let on an Assured Shorthold Tenancy agreement on a month to month basis at a monthly rent of ú712. The tenant has been in occupation since 2006 and a deposit of ú303 is held. 3) The advertising hoarding is Let to Ballantyne Outdoor Advertising Limited at a rent of ú1,565.
The vendor has no copy documentation in respect of the hoarding and the term cannot be confirmed.
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