Summary - 39 SEA VIEW STREET CLEETHORPES DN35 8EU
1 bed 1 bath Commercial Property
Turnkey town‑centre buy with immediate rental income and recent refurbishments.
Freehold mixed‑use building: retail plus one-bedroom apartment
A compact mixed‑use freehold in the popular Sea View Quarter, offering a ground-floor retail unit and an upper‑floor flat. The ground floor is already let to Skinny Wrists Limited and the apartment is let on an Assured Shorthold Tenancy, providing immediate rental income of £16,000 pa. The building has been recently refurbished and benefits from a secure electrically operated shutter and modern finishes at street level.
This is a straightforward, income-producing purchase for a private buyer or investor seeking hands-off rental returns in a town‑centre coastal location. At the current asking price the income equates to an attractive gross yield (approx. 8.4%). The retail unit is narrow-fronted and the upper flat is compact, with the bedroom located in the attic — suitable for single occupancy or short-term lettings rather than family living.
Buyers should note material local-area considerations: the property sits within a very deprived neighbourhood with very high recorded crime and limited private external space. Parking is on-street only. While the building itself has been refurbished, the modest footprint and constrained upper-floor accommodation limit scope for significant expansion without further investment or planning.
Overall, this is a practical, turn-key coastal high-street investment with immediate income and low void history, best suited to investors or private buyers comfortable with urban, higher-risk locations and compact rental accommodation.
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