10% Yielding Multi-Let Portfolio with Opportunities to Enhance

 

Summary

  • 82% occupied
  • Income producing circa £248,808 per annum
  • 27 x Properties in total (6 x Residential, 10 x Mixed Use, 11 x Commercial)
  • Asset Management opportunity
  • Individual or part sales considered
  • OIEO £2.5m reflecting a 10% GIY

Location

The portfolio is located across the neighbouring towns of Grimsby and Cleethorpes, having a combined population of approximately 120,000 people with a wider catchment area. Grimsby's econominc base has traditionally been centered around the seafood industry, but now encompasses a wider range of employers including engineering, petrochemicals, storage and distribution and the expanding renewables sector.
Cleethorpes is a well-established seaside town enjoying a number of seasonal visitors. Grimsby and Cleethorpes are situated on the south bank of the Humber with access to the national motorway network being gained via the A180.
The portfolio is well-positioned, benefitting from strong local amenities, good footfall and excellent transport links.

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Further Information

Price Offers in excess of £2,500,000


Description

The portfolio comprises 27 properties in total (6 x residential, 10 x mixed use and 11 x commercial) across the neighbouring towns of Grimsby and Cleethorpes.
Further information can be provided via the dataroom, including AST's, EPC's and Title Registers.