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Cleethorpes Office - 01472 200 666

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Offers in region of £390,000

3 Bedroom End of Terrace House

Ref: EAXML482_7934327

***BUSINESS UNAFFECTED*** 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.

RESTAURANTFront Dining Area27' 7'' x 16' 6'' (8.40m x 5.03m)A large dining space with solid wood floors, two large wood double glazed windows to the side with French doors and side windows leading from the outside dining area to the front. The room has 12 down lights, extraction, music system, discreet radiator heating and under stairs storage.Inner Dining Area20' 8'' x 10' 0'' (6.31m x 3.06m)Another large dining area with open arch to the front has two more large double glazed wood windows and solid wood floor, the room has 9 down lights, oak dado rail, discreet radiator heating and extraction.Bar Area20' 11'' x 8' 8'' (6.38m x 2.63m)A large bar area with oak floor, single double glazed woo... Read more
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 ** REDUCED PRICE **

Crofts Estate Agents - Cleethorpes

Crofts Estate Agents - Cleethorpes

St Peters Avenue



DN35 8HP

United Kingdom

Tel: 01472 200666

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