Cleethorpes | 44 St. Peter's Avenue

Prominently positioned town centre premises
Area 243.9 sq m / 2,625 sq ft
Situated in the heart of Cleethorpes’ main retail area
Car park for 6 vehicles
Potential to extend

Cleethorpes forms part of the larger Grimsby and Cleethorpes conurbation and is a popular town with a thriving tourist industry and local population. Retail provision within Cleethorpes is predominantly concentrated around St Peters Avenue and the area has fared well over recent years with foot flow and property values steadily increasing.

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Description

The premises are situated at the corner of St Peters Avenue and Elm Road with their most recent use being as a bank. The property was extended many years ago and in addition to providing retail accommodation to the ground floor with ancillary space above, the property also benefits from a car park accessed via Elm Road. Nearby occupiers include Costa, Superdrug, Boots, Sainsburys and Greggs.

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Accommodation

Ground Floor
Sales Area	137.7 sq m	1,482 sq ft
Ancillary	25.5 sq m	274 sq ft
First Floor
Ancillary	80.7 sq m	869 sq ft
Car Park	6 spaces

Further Information

Terms

The premises are available for sale or to let at an asking price of £425,000 or a guide rent of £37,500 per annum for a lease on full repairing and insuring terms.

Rateable Value

The new occupier will be responsible for the payment of Business Rates at the property. The premises are listed within the Rating List as ‘Bank and Premises’ with a Rateable Value of £41,250 (Source VOA website), although the premises will require reassessment should a change of use take place. The new occupier may be eligible for Small Business Rates Relief but should make contact with North East Lincolnshire Council for confirmation.