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Investment Opportunity on St. Peters Avenue

Investment Opportunity on St. Peters Avenue

Address

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Auction date

15 Sep 2025

Guide price

£150,000

Type

Commercial

Tenure

Freehold

EPC Rating

D

Status

Upcoming

Auction location placehbolder

Description

This property is strategically located on St. Peters Avenue in Cleethorpes, close to various amenities including the sea front. It presents a significant investment and development opportunity, featuring a ground floor shop that generates an annual lease income of £10,000. There is potential for conversion into up to 7 residential units, with projected rental income reaching approximately £54,000 per year if developed. The property is freehold and falls under North East Lincolnshire Council.

Tenure:Freehold

EPC Rating:D

Last update: 15 Aug 2025

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