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Garage for sale
R/O Cromwell Road, Grimsby, N E Lincs, DN31
£100,000
R/O Cromwell Road, Grimsby, N E Lincs, DN31
£100,000
Price History
Initial price | £120,000 |
11/05/24 | £110,000 |
19/09/24 | £100,000 |
Price Change | -16.67% |
Description
Jackson, Green and Preston are offering a unique investment opportunity with 16 individual garages and 1 workshop located in Grimsby town centre. Currently, 9 of the garages and the workshop are let, generating an annual income of £6,960, but the agents believe a market rent of £40 per garage is achievable, which would result in an annual income of £11,700 if the workshop is also let. This presents a low-maintenance investment opportunity that is not to be missed, with potential for significant returns.