- Prominent mixed-use investment property
- Highly visible corner position within an established commercial/residential area
- Ground floor retail unit let - £4,800 per annum
- First floor potential residential accommodation with separate access
- Planning permission granted to convert into two flats
- Additional detached income-producing industrial unit to rear available by separate negotiation
End of Terrace House for sale in Lincolnshire
Jackson Green & Preston are pleased to offer for sale this prominent mixed-use investment property, occupying a highly visible corner position on Hainton Avenue in Grimsby.
The property comprises a ground floor retail unit, together with first floor development residential accommodation which benefits from planning permission for conversion from one flat into two flats under planning reference DM/0005/26/FUL. The property therefore offers an attractive investment opportunity, with an existing income from the ground floor commercial tenant and potential to enhance the upper floor accommodation, subject to any necessary consents and approvals.
The ground floor retail premises is currently let to Rollinsons Foot Health Practice on a three-year lease from 24th April 2026, at a passing rent of £4,800 per annum.
The retail accommodation provides a main sales area with timber framed single glazed frontage and electric heaters, office area with an electric heater and walk-in storage cupboard, kitchen fitted with a range of white gloss base units, W.C., store and secondary store.
The first floor residential accommodation development is accessed separately via a uPVC entrance door, with stairs leading to a split-level landing. The accommodation currently comprises a spacious living room with two uPVC double glazed windows, two bedrooms with electric wall heaters and boarded window openings, an unfinished kitchen area with uPVC double glazed window and electric heater, and an unfinished W.C. area with sink only.
Planning permission has been granted for the change of use of the first floor from one flat to two flats. This may provide scope for a purchaser to create additional residential accommodation and increase the overall income potential of the property. All interested parties are advised to make their own enquiries with the Local Planning Authority in respect of the planning permission and any further requirements.
To the rear of the property is a detached, self-contained light industrial unit, which is currently let and producing a passing rent of £4,000 per annum. This unit is also being marketed through our Agency and is available for sale by separate negotiation.
Overall, this is a prominent mixed-use investment opportunity in an established location, offering existing rental income from the ground floor commercial tenant, further development potential to the upper floor residential accommodation, and the option to acquire an additional income-producing industrial unit to the rear.
Important Information
- This is a Freehold property.
- EPC Rating is F
Property Ref: GRS260827
Similar Properties
1 Bedroom Not Specified | Guide Price £125,000
*BEING SOLD VIA ONLINE SECURE SALE* This is a great opportunity to purchase 2 self contained flats situated in this soug...
3 Bedroom Detached House | Guide Price £125,000
**BEING SOLD VIA ONLINE SECURE SALE** Charming 3-bed detached home with inviting garden. Ideal for a family looking for...
2 Bedroom End of Terrace House | Guide Price £125,000
**BEING SOLD VIA ONLINE SECURE SALE** End-terrace with sunroom, 2 receptions, oak kitchen, GF shower room, large first-f...
3 Bedroom End of Terrace House | Asking Price £129,950
No chain. 3 bed end terrace on Brocklesby Rd, Grimsby. Kitchen/diner & WC. Large rear garden with parking via 8ft access...
Plot | Asking Price £130,000
Development opportunity on 0.23-acre site with derelict end-terrace. Close to Cleethorpes centre. Potential for redevelo...
4 Bedroom Terraced House | Asking Price £130,000
Four-bedroom period terrace on Hainton Avenue, close to Grimsby centre. Currently let with vacant possession available a...
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
