£219,000

Retail premises for sale

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Guide price

£219,000

(£421.97/sq. ft)

Retail premises for sale

Waltham Road, Grimsby DN33

From 572 - 1,175 sq. ft

Local area information

Property location

Nearby amenities

  • Fairfield Academy 0.3 miles
  • Scartho Junior Academy 0.4 miles
  • Grimsby Town 1.9 miles
  • Grimsby Docks 2.7 miles

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

Features and description

  • Mixed-use freehold investment
  • Two ground floor retail units
  • Self-contained one-bedroom flat above
  • Fully income producing property
  • Prominent main road position
  • Popular Scartho location
  • Roadside parking available
  • Free public car park opposite
  • Well connected between Scartho and Waltham
This mixed-use freehold property offers an attractive investment opportunity in a popular and well-established location on Waltham Road, Scartho. The property occupies a prominent main road position linking Scartho and Waltham and benefits from strong levels of passing traffic, roadside parking and a free public car park opposite.

The accommodation comprises two ground floor retail units with a self-contained one-bedroom flat to the first floor. The main retail unit is currently occupied as a barbershop and provides a front retail area with kitchen and ancillary accommodation to the rear. A further single-storey retail unit is located to the south within the same grounds and benefits from a timber shopfront.

The first floor flat is accessed independently and comprises a living room, kitchen, one bedroom and bathroom.

The property is fully income producing. The main retail unit is let until October 2027 at £7,776 per annum, subject to a tenant break option on two months’ notice. The secondary retail unit is let at £350 per month on a rolling basis, and the first floor flat is let at £390 per month on an assured shorthold tenancy holding over since 2023.

The property is offered for sale freehold at a guide price of £219,000 and represents a solid investment opportunity in a well-located mixed-use position.

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  1. Zoopla
  2. Commercial for sale
  3. North East Lincolnshire
  4. Grimsby
  5. Scartho
  6. Waltham Road