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Cleethorpe Road, Grimsby, DN31 3BL

£100,000
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Bedrooms
14
Bathrooms
0
Tenure
Leasehold
Agent
Jackson Green & Preston
Floor Area
10,441 sq ft
Price / sq ft
£10
Listed 10d ago•Updated 3h ago

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Property Summary

Humber House is a fully let, mixed-use investment property located on a prominent corner site at Cleethorpes Road, Grimsby. The long leasehold interest extends for 189 years from 1963 with a peppercorn ground rent, offering secure, long-term tenure. The property comprises ground floor retail units let to four occupiers generating £21,600 per annum, fourteen upper-floor flats on long ground leases producing £870 per annum, and seven garages let at £10 per week each, adding £3,640 per annum. Total income from the property amounts to £26,110 per annum. Situated approximately 1.5 miles from Grimsby town centre, Humber House benefits from excellent transport links and presents a rare opportunity for investors seeking immediate returns and long-term asset management potential.

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