Currenlty listing 1,143 upcoming property auctions in the UK
Significant Investment and Development Opportunity
Address
See address
Auction date
29 Sep 2025
Guide price
£200,000
Type
Commercial
Tenure
Freehold
EPC Rating
D
Status
Upcoming
Description
Located in the center of Cleethorpes, this property offers easy access to local amenities and the seaside. It includes a well-let ground floor shop with a lease generating £10,000 annually, plus development potential with planning for conversion into multiple residential units (up to 7). The property provides an opportunity for high rental income, projected at around £54,000 per year if developed as planned.
Material Information
Tenure: Freehold. Prospective bidders should verify terms, ground rent, and service charges by reviewing the legal pack.
Council: North East Lincolnshire Council.
Last update: 12 Sep 2025
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Auction Date
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