70-78 Frodingham Rd 7,116 SF 100% Leased Retail Building Scunthorpe DN15 7JN $1,744,439 CAD ($245.14 CAD/SF)

Walshe's Property proudly presents this fantastic mixed used investment opportunity in the heart of Scunthorpe, North Lincolnshire. Comprising of nine flats, two houses and three commercial units with associated stores to the rear. Currently the property is fully tenanted, however, the current rental yields are not reflective of their full potential, with the potential yields listed as below: Commercial Unit 1 - £1,000 pcm Commercial Unit 2 - £1,100 pcm Commercial Unit 3 - £1,100 pcm Terraced House X2 - £1,200 pcmOne bedroom flat X7 - £3,150 pcmTwo bedroom flat X2 - £1,100 Total Monthly Rent - £8,650 Toal Annual Rent - £103,800Gross Rental Yield of 10.93%For further information please contact us.