Cleethorpe Road, Grimsby, Lincolnshire, DN31
- PROPERTY TYPE
Mixed Use
- SIZE
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Key features
- Long leasehold interest (189 years from 1963) at peppercorn ground rent
- Fully let mixed-use investment producing £26,110 per annum
- Comprises 8 retail units (let to 4 occupiers), 14 flats, and 7 garages
- Prominent corner site on Cleethorpes Road
- Commercial properties generating £21,600 per annum
- Flats let on long ground leases producing £870 per annum
- Garages let at £10/week each, generating £3,640 per annum
Description
The interest being sold is a long leasehold interest in the building. The property is held on a 189-year lease from 1st August 1963, at a peppercorn ground rent, offering secure long-term tenure without ongoing rent liability to the freeholder.
Humber House occupies a prominent corner position with access from Trinity Street. Whilst formal measurements have not been conducted, it is believed that the building extends to somewhere in the region of 970 square metres (10,442 square feet) over three floors.
The ground floor comprises what were originally eight separate retail units, but these have now been combined and are let to four individual occupiers. Units 1 and 2 are let to a sandwich bar business, producing £7,200 per annum. Units 3, 4, 5 and 6 have been combined and are let to a valuation company, also producing £7,200 per annum. Units 7 and 8 have been separately let to a kitchen paint supplier, on two leases, each generating £3,600 per annum. In total, the retail element generates £21,600 per annum and is fully let.
The upper floors contain fourteen self-contained residential flats subject to long ground leases. This means that the purchaser will collect ground rent ONLY. Thirteen of the flats are let on long 99-year leases from 1st August 1963, twelve of which have annual ground rents of £50 and one of £70. One flat is held on a 99-year lease from 2021, with a modern ground rent of £200 per annum. The total annual ground rent income from the flats is £870, offering secure income with reversionary potential in the longer term.
To the rear, there are seven brick-built garages, all of which are let at £10 per week, producing a further £3,640 per annum.
The current total annual income from the property is £26,110. Humber House offers a dependable income from multiple sources and the security of long-established leases.
The building was constructed in the 1960s and occupies a highly visible corner position at the junction of Cleethorpes Road and Humber Street, approximately 1.5 miles from Grimsby town centre. The surrounding area is well-connected, with excellent access to the A180, A46, A16 and nearby rail services.
This is a rare opportunity to acquire a long leasehold interest in a fully income-generating, mixed-use asset in a strong location. With immediate returns and long-term asset management potential, Humber House represents an excellent addition to any investment portfolio. It is ideally suited to private investors, family trusts, and property companies seeking secure returns with capital growth prospects.
Broadband & Mobile Phone Coverage
This information was obtained on the 7th August 2025 and is for guidance purposes only. Purchasers should be aware that the banding of the property could change if information is brought to light that makes it clear to the Valuation Office Agency that an error was made with the original allocation. Additionally, there may be circumstances when the Council Tax can be altered on change of ownership. All interested parties are advised to make their own enquiries. See
Services
We have not tested or inspected any heating systems, fixtures, appliances or services, purchasers should rely on their own survey.
Property Management
Are you a Landlord tired of dealing with your tenants?….Jackson, Green and Preston can provide a comprehensive management service and will be delighted to discuss your management needs. Please do not hesitate to contact our Property Management Department on Grimsby 311116 or by e-mail ( ) for some informal advice. Further information is also available on our website at
Property To Sell
Do you have a property to sell? For professional valuation advice, contact our Grimsby Office ). One of our experienced valuers will be happy to provide a free marketing appraisal of your property.
Surveys
Should you decide to buy a property not available for sale through our Agency, Jackson Green and Preston offer a range of independent valuations and surveys all carried out by fully qualified Chartered Surveyors. To discuss your survey needs, please contact our Survey Department on .
Sources Of Useful Information
Purchasers may find the following websites useful in providing additional information in respect of the property and the immediate surrounding area.
Mortgage Advice
Mortgage Advice Bureau works with Jackson, Green & Preston Estate Agents to provide their clients with expert mortgage and protection advice. We have access to over 12,000 mortgages from 90+ lenders so we can find the right mortgage to suit your individual needs. The expert advice we offer, combined with the volume of mortgages that we arrange, places us in a very strong position to ensure that our customers have access to the latest deals available and receive a first-class service. We will take care of everything from explaining all of your options and helping you select the right mortgage, to choosing the most suitable protection for you and your family and handling the whole application process. Your home may be repossessed if you do not keep up repayments on your mortgage. There may be a fee for mortgage advice. The actual amount you pay will depend upon your circumstances. The fee is up to 1% but a typical fee is 0.3% of the amount borrowed. Mortgage Advice Bureau (truncated)
Brochures
ParticularsCleethorpe Road, Grimsby, Lincolnshire, DN31
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- New Clee Station0.3 miles
- Grimsby Docks Station0.4 miles
- Grimsby Town Station1.1 miles



Notes
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