- VIDEO VIEWING AVAILABLE
- ATTENTION INVESTORS
- 2 Storey Terrace With Basement Storage
- First Floor Residential Let On Long Ground Lease
- Located Within Easy Rear Of Grimsby & Cleethorpes
- • Excellent Mixed Use Investment Opportunity
Mixed Use for sale in Cleethorpes
**Attention Investors – Prime Investment Opportunity** Freehold Ground Floor Commercial Unit and Reversionary Freehold Interest to First Floor Flat. A fantastic opportunity has arisen to purchase this mid-terraced building with basement storage. The ground floor comprises a retail premises and storage/workshop area, while the first floor offers a self-contained flat which is let on a long ground lease and is therefore held on a reversionary Freehold basis only. The front retail shop features a main retail area (approx. 47sqm / 505sqft), store/office (approx. 29sqm / 312sqft), kitchenette, and W.C. It is complemented by a rear storage/production area, including basement storage and convenient rear loading access. The self-contained flat on the first floor is accessible from the front elevation and is currently let on a long ground lease, ensuring stable rental income. This is therefore a Freehold reversionary interest only. We understand that the flat is leased on a long ground lease for 150 years starting from April 1, 2018, at a ground rent of £150 per annum. The property is strategically situated on Cleethorpe Road (A180), linking Grimsby and Cleethorpes, and provides easy access out of town via the M180. This property presents a secure, long-term investment opportunity, offering both commercial and residential income streams in a highly sought-after location. Contact us today to learn more or schedule a viewing.
Important Information
- This is a Freehold property.
- This Council Tax band for this property is: A
- EPC Rating is C
Property Ref: a2b2b500-42aa-43c7-a57b-498e12bfcea3
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