Cleethorpes Office - 01472 200 666

Immingham Office - 01469 564294

Louth Office - 01507 601550

KINGSWAY, CLEETHORPES

Offers in region of £400,000

3 Bedroom Not Specified

Ref: EAXML482_7934327

A rare and fantastic opportunity to purchase a prime piece of real estate smack bang in the centre of Cleethorpes seafront with fabulous estuary views. This fully renovated property consists of a fully functional restaurant with two seating areas, bar, kitchen and toilets of over 2300 square feet, a two bedroom first floor flat and a one bedroom second floor flat. Together they bring in a combined income of over £30k per annum with 15 year lease for the restaurant being £18.5k and having a 7 year break clause. This investment property would provide a very solid and steady pension fund for the earnest and considered investor with good solid tenants in place and a piece of estate that will never go wanting for tenants.

End of terrace seafront property with commercial and residential use Fully tenanted with combined commercial and residential lets of £30.5K p/a
Completely refurbished property approximately 7 years ago Space for additional flat to first floor (planning permission required)
Current commercial use granted is A3 Prime seafront location with estuary views
Commercial Unit Energy performance rating of C First floor flat Energy performance rating D and Council tax band A
Second floor flat Energy performance rating D and Council tax band A

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Crofts Estate Agents - Cleethorpes

Crofts Estate Agents - Cleethorpes

62 St Peters Avenue

Cleethorpes

Lincolnshire

DN35 8HP

United Kingdom

Tel: 01472 200666
E-Mail: info@croftsestateagents.co.uk

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