Retail premises for sale

Waltham Road, Grimsby DN33

This mixed-use freehold property offers an attractive investment opportunity in a popular and well-established location on Waltham Road, Scartho. The property occupies a prominent main road position linking Scartho and Waltham and benefits from strong levels of passing traffic, roadside parking and a free public car park opposite.

The accommodation comprises two ground floor retail units with a self-contained one-bedroom flat to the first floor. The main retail unit is currently occupied as a barbershop and provides a front retail area with kitchen and ancillary accommodation to the rear. A further single-storey retail unit is located to the south within the same grounds and benefits from a timber shopfront.

The first floor flat is accessed independently and comprises a living room, kitchen, one bedroom and bathroom.

The property is fully income producing. The main retail unit is let until October 2027 at £7,776 per annum, subject to a tenant break option on two months’ notice. The secondary retail unit is let at £350 per month on a rolling basis, and the first floor flat is let at £390 per month on an assured shorthold tenancy holding over since 2023.

The property is offered for sale freehold at a guide price of £219,000 and represents a solid investment opportunity in a well-located mixed-use position.