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Substantial Freehold Commercial Property with Planning Permission

Substantial Freehold Commercial Property with Planning Permission

Address

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Auction date

23 Mar 2026

Guide price

£150,000

Type

Commercial

Tenure

Freehold

EPC Rating

Unknown

Status

Upcoming

Auction location placehbolder

Description

Opportunity to purchase a substantial commercial property located on Cleethorpe Road in Grimsby. The site is equipped with planning permission to create two self-contained commercial units, along with a nine-bedroom HMO, offering a diverse investment range. The projected rental income is anticipated to be between £60,000 to £80,000, depending on specifications.

Accommodation:

  • Ground Floor: Retail Area 122.36 sqm, Office 3.73 sqm, Store Rooms 3 x 25.90 sqm, Ancillary Storage Area 50.61 sqm.
  • First Floor: Retail/Display Area, 4 Store Rooms, Total Accommodation Area: 382.08 sqm.

This property offers an exciting opportunity for investors looking for a high-yielding investment in a prominent location.

Last update: 17 Feb 2026

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