Summary - 20 HIGH STREET CLEETHORPES DN35 8JN
4 bed 6 bath Commercial Property
Deceptively large former bar with two flats — potential £40k p/a in busy Cleethorpes High Street.
Large ground-floor commercial unit with outdoor bar and stadium seating
Two self-contained two-bedroom flats above; both EPC rating C
Estimated combined rental income around £40,000 per annum
Commercial unit EPC B; flats in low council tax band A
Victorian solid-brick building; likely lacks wall insulation, needs upgrades
Located in busy leisure strip near promenade; high footfall but high crime
Area classed as very deprived — may affect tenant demand and costs
Freehold sale; substantial refurbishment and licensing responsibilities likely
This substantial mid-terrace property occupies a prominent position on Cleethorpes High Street, a short walk from the promenade and busy evening economy. The ground floor is a large, open-plan commercial unit (previously a bar/club) with ancillary kitchen, cellar, pot-wash and indoor/outdoor washrooms, plus a sizeable outdoor bar and seated area — suitable for hospitality or other leisure uses with scope to reconfigure.
Two self-contained flats sit above the commercial space, each offering two bedrooms, an open-plan living/kitchen area and a bathroom. Both flats hold EPC rating C and low council tax band A; the commercial unit is EPC B. Estimated combined rental income is c. £40,000 per annum (c. £25,000 commercial; c. £7,200 each flat), creating clear investment potential for a hands-on landlord.
The building is Victorian solid-brick construction with character features and large windows, but it will need targeted maintenance and potential upgrades — walls appear uninsulated and some refurbishment is likely to meet contemporary comfort and regulatory standards. The area is very deprived with higher local crime levels, which may affect operating costs, insurance and tenant mix.
This is a strong opportunity for an investor or operator seeking a sizeable mixed-use asset in a prime leisure strip. The site’s size, outdoor facilities and proximity to local amenities and the seafront give it flexibility, but buyers should factor in refurbishment, licensing and management requirements before committing.
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