Guide price
£140,000
Retail premises for saleMill Road, Cleethorpes, 8 DN35
Freehold
About this property
For Sale by Modern Auction – T & c’s apply
Subject to Reserve Price
Buyers fees apply
The Modern Method of Auction
Sold with tenant in situ
An excellent opportunity to acquire a mixed-use residential and commercial property in a well-established location within Cleethorpes. Situated on Mill Road, the property benefits from a popular neighbourhood setting with a mix of local shops, amenities, and residential dwellings nearby.
The ground floor comprises a self-contained retail unit, most recently operating as a hairdressing salon. The space offers a well-presented sales area with frontage onto Mill Road, providing good visibility and footfall potential. The layout is suitable for a variety of uses (subject to the necessary consents).
To the rear of the ground floor is a one-bedroom self-contained flat, offering practical living accommodation ideal for owner occupation or rental income. The accommodation typically includes a living area, kitchen, bedroom, and bathroom facilities.
The first floor comprises a further self-contained one-bedroom flat, providing additional residential accommodation with its own living space, kitchen, bedroom, and bathroom.
This property presents an attractive investment opportunity, with potential for dual income from both the commercial and residential elements, or as a live/work arrangement in a popular coastal town location.
Both the residential flats and the retail premises are currently tenanted.
This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation Period. Interested parties’ personal data will be shared with the Auctioneer (iamsold Ltd). If considering a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information Pack is provided, which you must view before bidding. The buyer is responsible for the Pack fee. For the most recent information on the Buyer Information Pack fee, please contact the iamsold team. The buyer signs a Reservation Agreement and makes payment of a Non-Refundable Reservation Fee of 4.5% of the purchase price inc VAT, subject to a minimum of £6,600 inc. VAT. This Fee is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty. Services may be recommended by the Agent/Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £960 inc. VAT. These services are optional
The ground floor comprises a self-contained retail unit, most recently operating as a hairdressing salon. The space offers a well-presented sales area with frontage onto Mill Road, providing good visibility and footfall potential. The layout is suitable for a variety of uses (subject to the necessary consents).
To the rear of the ground floor is a one-bedroom self-contained flat, offering practical living accommodation ideal for owner occupation or rental income. The accommodation typically includes a living area, kitchen, bedroom, and bathroom facilities.
The first floor comprises a further self-contained one-bedroom flat, providing additional residential accommodation with its own living space, kitchen, bedroom, and bathroom.
This property presents an attractive investment opportunity, with potential for dual income from both the commercial and residential elements, or as a live/work arrangement in a popular coastal town location.
Both the residential flats and the retail premises are currently tenanted.
This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation Period. Interested parties’ personal data will be shared with the Auctioneer (iamsold Ltd). If considering a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information Pack is provided, which you must view before bidding. The buyer is responsible for the Pack fee. For the most recent information on the Buyer Information Pack fee, please contact the iamsold team. The buyer signs a Reservation Agreement and makes payment of a Non-Refundable Reservation Fee of 4.5% of the purchase price inc VAT, subject to a minimum of £6,600 inc. VAT. This Fee is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty. Services may be recommended by the Agent/Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £960 inc. VAT. These services are optional
Mortgage calculator
Monthly repayment
£700 per month
Whole of market comparison
70+ lenders and 10,000+ products
How much could I borrow
In partnership with
The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.
.png){kind=logo}