Summary - 97a, Pasture Road DN14 6BP
1 bed 1 bath Commercial Property
Freehold retail and flats with planning consent for extra income and immediate yield..
Current income £27,860 pa from two retail units and two flats
Freehold with full planning consent for additional shop and two flats
Prominent corner retail location with off-street car parking
Construction c.1991–95; double glazing and cavity wall insulation assumed
High local crime rate and deprived area classification — market risk
Heating: electric storage heaters — potentially higher running costs
Small plot size; limited scope beyond consented development
Existing businesses currently trading on site are unaffected by the sale
For investors seeking a central, income-producing mixed-use asset, 97a Pasture Road offers immediate cashflow and clear development upside. The freehold includes two ground-floor retail units with two occupied flats above, producing a current income of £27,860 pa, plus a rear car park with full planning consent for a further retail unit and two flats.
The building sits on a prominent corner in Goole’s main retail area, benefitting from excellent visibility, fast broadband and strong mobile signal—practical advantages for retail tenants. Off-street parking to the rear supports customer and resident access. Construction from the 1990s with double glazing and cavity walls suggests a generally sound fabric.
Buyers should balance the positives with material local-market factors. The area is classified as deprived with a high local crime rate and a transitional neighbourhood profile; these factors can influence tenant mix, yields and resale. Heating is electric storage, which can mean higher running costs and may deter some residential tenants.
Development potential is the primary upside: full planning consent (Decision No: DC/06/05791/PLF/WESTWW) exists to add an additional A1 shop with flats above on the rear car park, increasing gross lettable area and future income. The small plot and town-centre location limit expansion beyond the consented scheme, and active management will be required to maintain trading tenants and residential lets in this location.
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