Summary - CAR PARK, EAST STREET DN31 1QD
1 bed 1 bath Not Specified
Large corner commercial plot with flexible layout and central location for investors.
- Freehold two-storey building, approximately 1,486 sq ft
- Former café ground floor with kitchen and seating areas
- First-floor studio with independent access, kitchen and WC
- Central DN31 location with strong visibility and footfall
- Sold by Modern Method of Auction; buyer fees and reserve apply
- Non-refundable 4.5% reservation fee (min £6,600 incl. VAT)
- Very slow broadband and area rated as very deprived
- Local crime rate recorded as very high; inspect for security
A freehold, two-storey commercial building in central Grimsby (DN31) offering a secure long-term investment and flexible income potential. The ground floor retains a former café layout with generous serving, seating and kitchen areas; the first floor is fitted as a bright studio with independent access, its own kitchen and WC. The property totals approximately 1,486 sq ft and sits on a large urban plot with strong street visibility and regular footfall, close to transport links, amenities and local regeneration zones.
This lot is offered by the Modern Method of Auction. Buyers should note the purchaser obligations: a non-refundable reservation fee of 4.5% of the purchase price (minimum £6,600 inc. VAT), buyer’s fees and a Buyer Information Pack fee. Prospective purchasers must review the pack and satisfy themselves on mortgage suitability and any planning requirements prior to bidding.
Strengths include freehold tenure, versatile layout for continued retail/office use or alternative commercial uses (subject to consent), and a modern internal finish on the first floor. Practical considerations include very slow broadband despite excellent mobile signal, a high local crime rate and an area classed as very deprived — factors that may influence tenant demand and rental values. The property is sold as seen; bidders should inspect for condition, services and compliance with regulations before purchase.
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