2-12 Bethlehem St 6,133 SF 100% Leased Office Building Grimsby DN31 1JZ £500,000 (£81.53/SF) 10.24% Net Initial Yield



INVESTMENT HIGHLIGHTS
- Mixed use commercial
- Close to Freshney Place, Railway Station and Parking
- Town centre location
EXECUTIVE SUMMARY
Mixed use commercial investment property available for sale.
The building includes tenants like Virgin Money or Reeds Rains. for a current rental income at £51,200 PA.
Offers over £500,000.
The building includes tenants like Virgin Money or Reeds Rains. for a current rental income at £51,200 PA.
Offers over £500,000.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Tenure
Freehold
Building Size
6,133 SF
Building Class
B
Year Built
1953
Price
£500,000
Price Per SF
£81.53
Net Initial Yield
10.24%
NOI
£51,200
Percent Leased
100%
Tenancy
Multiple
Number of Floors
3
Typical Floor Size
2,044 SF
Slab to Slab
9 ft
Building FAR
0.47
Lot Size
0.30 AC
AMENITIES
- Raised Floor
- Security System
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