£150,000

Retail premises for sale

  1. Property photo 1 of 1.
Just added

Guide price

£150,000

(£296.44/sq. ft)

Retail premises for sale

Cross Coates Road, Grimsby DN34

From 63 - 506 sq. ft

Local area information

Property location

Nearby amenities

  • The North Cotes Church of England Primary School 5.3 miles
  • Signhills Academy 5.6 miles
  • Cleethorpes 5.7 miles
  • New Clee 7 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

  • Freehold mixed-use investment
  • Ground-floor shop let at £10,000 per annum
  • Lease in place until July 2029
  • Vacant 2-bed self-contained flat
  • Prominent corner position
  • Busy local shopping parade
  • 47 sq m retail sales area
  • Additional 12 sq m ancillary space
  • EPC: Ground floor C (64), flat D (66)
A freehold mixed-use investment property occupying a prominent corner position at the junction of Cross Coates Road and Littlecoates Road, approximately one mile west of Grimsby town centre. The property forms part of an established neighbourhood shopping parade serving a dense residential area, with nearby occupiers including Spar, hairdressers, takeaways and other local retailers.

The ground floor comprises a retail unit with a single-glazed timber shopfront, security shutters, an open-plan sales area of approximately 47 sq m (506 sq ft) and rear ancillary space of 12 sq m (129 sq ft). The premises are currently let on an effective full repairing and insuring lease at £10,000 per annum, expiring 2 July 2029.

A self-contained first-floor flat is accessed via a separate entrance to the side and provides a lounge, kitchen, two bedrooms and a bathroom. The flat is currently vacant and ready for immediate occupation or letting, offering the opportunity to enhance the overall rental return.

The ground floor has a Rateable Value of £5,500, while the flat falls within Council Tax Band A. EPC ratings: Ground floor C (64), first floor D (66).

The freehold interest is offered for sale at a guide price of £150,000, subject to the existing commercial tenancy.

For further information or to arrange a viewing, please contact the selling agents.

More information

Report this listing

Property descriptions and related information displayed on this page are marketing materials provided by - Scotts Property LLP. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Scotts Property LLP for full details and further information.

  1. Zoopla
  2. Commercial for sale
  3. North East Lincolnshire
  4. Grimsby
  5. Cross Coates Road