Property photos
Auction
From
£20,000
Property for sale
Hainton Avenue, Grimsby DN32Local area information
Property location
Nearby amenities
- Edward Heneage Primary Academy 0.1 miles
- Welholme Academy 0.3 miles
- Grimsby Town 0.5 miles
- Grimsby Docks 0.8 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Grimsby to find out more about the local area.
Features and description
- To be offered on Tuesday 24 September
- High Yielding Mixed Use Investment Opportunity
- Ground Floor Let with Vacant Upper Parts
- Producing £2,160 per annum
- Long-Standing Occupier
- Upper Parts Suitable For Conversion/Development (stp)
- Asset Management Potential
- Guide Price Reflects 10.8% Gross Yield
- No VAT
Strapline
Auction Sale - 24/09/2024
Of Interest to Investors and Developers
Mixed Use Investment Opportunity - Ground Floor Let Producing £2,160 per annum
Vacant Upper Parts Suitable For Conversion/Development (subject to the requisite consents)
Description
The property comprises a high yielding mixed use investment/development opportunity situated on a prominent corner site.
Arranged across ground and first floors, the property is part-let, with a lease over the ground floor producing £2,160 per annum. The lease expired in 2019 and we understand the tenant is holding over and currently trading as a white goods retailer.
The upper parts are vacant and comprise a separately accessed two bedroom flat.
The property may suit development/conversion to alternative uses, including residential (subject to existing leases and any requisite consents).
The property occupies a prominent corner site at the junction of Hainton Avenue and Sixhills Street, the is predominantly residential and therefore the property provides essential local retail amenity, with a range of potential occupiers.
Auction Sale - 24/09/2024
Of Interest to Investors and Developers
Mixed Use Investment Opportunity - Ground Floor Let Producing £2,160 per annum
Vacant Upper Parts Suitable For Conversion/Development (subject to the requisite consents)
Description
The property comprises a high yielding mixed use investment/development opportunity situated on a prominent corner site.
Arranged across ground and first floors, the property is part-let, with a lease over the ground floor producing £2,160 per annum. The lease expired in 2019 and we understand the tenant is holding over and currently trading as a white goods retailer.
The upper parts are vacant and comprise a separately accessed two bedroom flat.
The property may suit development/conversion to alternative uses, including residential (subject to existing leases and any requisite consents).
The property occupies a prominent corner site at the junction of Hainton Avenue and Sixhills Street, the is predominantly residential and therefore the property provides essential local retail amenity, with a range of potential occupiers.
More information
Listed by
Savills - National Auctions
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