- 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 Lincolnshire
**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 D
Property Ref: VAL240019
Similar Properties
3 Bedroom Terraced House | Asking Price £87,000
NOW REDUCED Three bedroom mid-terrace in a popular location. Two reception rooms, dining room, kitchen, gardens. Current...
2 Bedroom Terraced House | Asking Price £87,000
2 bed mid-terrace on Roberts St, Grimsby. GF porch, hall, living, dining, kitchen. FF 2 beds & bath. Front & rear garden...
Humberston Fitties, Humberston
2 Bedroom Detached Bungalow | Asking Price £86,000
This charming holiday chalet is located in the picturesque "Fitties" chalet park, just a short stroll from Cleethorpes s...
2 Bedroom Terraced House | Asking Price £90,000
2 Bedroom house located in close proxmity to Cleethorpes Sea Front and St. Peters Avenue. Viewing is a must!
Retail Property (High Street) | Asking Price £90,000
VIDEO VIEWING AVAILABLE - ATTENTION INVESTORS – Jackson Green & Preston are delighted to offer this rare opportunity to...
3 Bedroom Semi-Detached House | Asking Price £90,000
A substantial 3 bedroom home, currently let at £700PCM, representing a yield of 9.3% at the current asking price. Viewin...
Jackson Green & Preston (Grimsby)
19 West Saint Marys Gate, Grimsby, Lincolnshire, DN31 1LE
01472 311 113
How much is your home worth?
Use our short form to request a valuation of your property.
Request a Valuation
©2026 The Guild of Property Professionals. All rights reserved.
Terms and Conditions |
Privacy Policy |
Cookie Policy |
Complaints Policy |
Members Login
The Guild of Property Professionals Trading Address: 121 Park Lane, London W1K 7AG. GPEA Limited.
Registered in England & Wales.
Company No: 02819824.
Registered Office Address: 2 St. Stephen's Court, St. Stephen's Road, Bournemouth, Dorset, England, BH2 6LA.
VAT Registration No: 576 8795 61
