Cleethorpes | 483 - 491 Grimsby Road

Retail/residential investment
3 retail and 2 residential fully occupied units
Situated on main arterial road leading to Cleethorpes
Prominent roadside frontage
Car parking to rear
Current gross income £31,600 per annum with potential for growth

Grimsby Road is the main arterial road, forming an extension of the A180 linking the towns of Grimsby and Cleethorpes which together make up part of the main conurbation within North East Lincolnshire. The property is situated close to Isaacs Hill, on the junction of Poplar Road ¼ of a mile north west of Cleethorpes town centre and 2 miles east of Grimsby town centre. The surrounding area provides a mix of retail and residential accommodation.

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Description

The property comprises a terrace of 3 retail units fronting directly onto Grimsby Road and two residential flats above. At the rear of the property is car parking with spaces allocated to each individual unit and the flats are self-contained.

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Accommodation

Address	Rent Passing	Lease Expiry
487-489 Clee Off Licence and Convenience Store	£11,500 p.a	June 2026
491 Naughty But Nice	£6,000 p.a.	-
493 Clee Fisheries	£11,500 p.a	September 2029
Flat 1	£5,400 p.a.	Let on an AST
Flat 2	£5,100 p.a.	Let on an AST

Further Information

Terms

The property is offered for sale subject to the existing tenancies at a price of £360,000.

Rateable Value

487-489 Clee Off Licence and Convenience Store - RV £5,600

491 Naughty But Nice - RV£2,500

493 Clee Fisheries - RV£4,200

Flat 1 - Council Tax Band A

Flat 2 - Council Tax Band A

Energy Performance (EPC)

487-489 Clee Off Licence and Convenience Store - EPC D

491 Naughty But Nice - EPC Expired was C

493 Clee Fisheries - EPC C

Flat 1 - EPC D

Flat 2 - EPC D

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Cleethorpes | 483 - 491 Grimsby Road

Call us on: 01472 267000

Mon - Fri

9:00am - 5:00pm

Sat - Sun

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