Mixed use property for sale in St. Peters Avenue, Cleethorpes, Lincolnshire, DN35

PROPERTY TYPE: Mixed Use
SIZE: Ask agent

Key features

VIDEO VIEWING AVAILABLE
Located on highly popular St Peter’s Avenue, Cleethorpes.
Mixed-use freehold property comprising ground-floor retail and first-floor flat.
Ground-floor retail unit recently vacated, previously let to a long-standing tenant.
High-footfall trading position offering excellent visibility and commercial potential.
First-floor one-bedroom flat let on AST at £420 per calendar month (£5,040 per annum).
Independent access to the residential accommodation above.
Attractive investment with potential to increase rental income or suit owner-occupation.
Early viewing recommended to appreciate location and opportunity.

Description

Situated on the highly popular St Peter’s Avenue in Cleethorpes, this mixed-use property represents an excellent opportunity for investors or owner-occupiers alike. The property occupies a High Street position in one of Cleethorpes’ most sought-after trading locations, benefitting from good levels of passing footfall and traffic.

The ground floor comprises a retail unit with a frontage onto St Peter’s Avenue. It has recently become vacant but was previously let to a long-standing tenant, offering scope for immediate occupation by a purchaser seeking their own premises or for re-letting to secure a new commercial income stream.

Above the retail space is a self-contained, one-bedroom flat accessed independently. The flat is currently let on an Assured Shorthold Tenancy generating an income of £420 per calendar month (£5,040 per annum), providing a ready-made income stream from the point of purchase.

This property combines the flexibility of vacant commercial accommodation with the security of ongoing residential rental income, making it an ideal investment proposition. It would equally suit a purchaser wishing to establish their own business on Cleethorpes’ busiest retail street while benefitting from the additional income generated by the first-floor flat.

Early viewing is highly recommended to appreciate the location, potential, and versatility of this mixed-use opportunity. For further information or to arrange a viewing, please contact Jackson Green & Preston.

Ground Floor

Main Retail Area

8.66m x 3.76m

Currently configured as an entrance reception/waiting area and three separate bays with vinyl flooring and electric radiators. The bays are all partitioned by stud walls and could easily be removed if required. Timber frame single glazed frontage and entrance door. Electric roller shutter. Stud wall with recess display shelves and downlights.

Store Room

6.77m x 2.4m

With two timber framed single glazed windows, electric storage heater and vinyl flooring.

Kitchen

3.82m maximum x 2.42m - With a large stainless steel with electric hot water tap. Work surface with space for washer / dryer underneath and wall unit. tiled splashbacks. Single glazed timber frame window. Electric storage heater.

W.C.

1.07m x 1.48m

With a w.c., wash hand based with tiled splashback. electric hot water tap.

First Floor Flat

The first floor flat consists of a Living Room, Kitchen, Bathroom and Double Bedroom. The flat is currently let on an Assured Shorthold tenancy commencing October 2020 at a rent of £420 PCM. Please be advised that the photographs used were taken prior to the Tenants occupation and are for illustration purposes only.

Garden

To the rear is a shared Courtyard with the flat above. Garden store measuring approximately 1.43m x1.62m. The first floor is exited via an external steel staircase down to the ground floor courtyard.

Broadband & Mobile Phone Coverage

Please use the following link to check the mobile phone and broadband coverage for this property.

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

Particulars

Energy Performance Certificates

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