Retail premises for sale

Cross Coates Road, Grimsby DN34

A freehold mixed-use investment property occupying a prominent corner position at the junction of Cross Coates Road and Littlecoates Road, approximately one mile west of Grimsby town centre. The property forms part of an established neighbourhood shopping parade serving a dense residential area, with nearby occupiers including Spar, hairdressers, takeaways and other local retailers.

The ground floor comprises a retail unit with a single-glazed timber shopfront, security shutters, an open-plan sales area of approximately 47 sq m (506 sq ft) and rear ancillary space of 12 sq m (129 sq ft). The premises are currently let on an effective full repairing and insuring lease at £10,000 per annum, expiring 2 July 2029.

A self-contained first-floor flat is accessed via a separate entrance to the side and provides a lounge, kitchen, two bedrooms and a bathroom. The flat is currently vacant and ready for immediate occupation or letting, offering the opportunity to enhance the overall rental return.

The ground floor has a Rateable Value of £5,500, while the flat falls within Council Tax Band A. EPC ratings: Ground floor C (64), first floor D (66).

The freehold interest is offered for sale at a guide price of £150,000, subject to the existing commercial tenancy.

For further information or to arrange a viewing, please contact the selling agents.