Summary -
Flat 1,187 Grimsby Road,CLEETHORPES,DN35 7HB
DN35 7HB
1 bed 1 bath Mixed Use
Freehold investment on a busy main road with refurbishment potential.
Freehold mid-terrace shop with two vacant flats above
A compact mid-terraced mixed-use freehold offering ground-floor retail and two vacant flats above, presented for purchase with vacant possession. Located on a busy arterial route, the property benefits from strong passing footfall and easy visibility for a small retail business. The overall footprint is modest but the combined accommodation and total area (approximately 1,374 sq ft) suit a buy-to-let or owner-occupier who wants to run a shop with rental income above.
The building is a late-Victorian red-brick terrace with a full-width roller shutter shopfront and a projecting bay window to the upper floor. The commercial unit appears in reasonable, contemporary condition internally, while the residential accommodation will likely need some internal redecoration and possible updating depending on intended use. There is no private garden and the plot is narrow, so outside amenity is limited.
This is a straightforward investment play: freehold ownership, two vacant flats to refurbish and re-let, and a retail unit on a main road close to local amenities and leisure facilities. Material considerations include a medium flood risk, above-average local crime levels and a very deprived local area classification — factors that will influence rental levels and insurance costs. Broadband and mobile signal are strong, which supports modern lettings and commercial uses. Buyers should allow for refurbishment, specialist surveys, and running-costs when assessing value.
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