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COMMERCIAL

Cleethorpe Road, Grimsby, DN31

Offers in Excess of
£100,000
Jackson Green and Preston, Grimsby
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

We are delighted to offer for sale this exceptional and rare investment opportunity — Humber House, a prominently positioned and income-producing mixed-use property, located on Cleethorpes Road in Grimsby. The property comprises a substantial building arranged as ground floor retail with upper floor flats, together with a terrace of garages to the rear. It is fully let and generates immediate, diversified income from commercial tenants, long residential ground leases, and garage rentals. 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 expert mortgage and protection advice. With access to over 12,000 mortgages from more than 90 lenders, they can help find a suitable mortgage, explain your options, recommend appropriate protection and manage the 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 amount payable will depend on your circumstances. The fee is up to 1%, but a typical fee is 0.3% of the amount borrowed.
Mortgage Advice Bureau is a trading name of Brook Financial Services Limited, an appointed representative of Mortgage Advice Bureau Limited and Mortgage Advice Bureau (Derby) Limited, which are authorised and regulated by the Financial Conduct Authority.

Disclaimer

Disclaimer
Every attempt has been made to ensure accuracy, however these property particulars are approximate and for illustrative purposes only. They have been prepared in good faith and they are not intended to constitute part of an offer of contract. We have not carried out a structural survey and the services, appliances and specific fittings have not been tested. All photographs, measurements, floor plans and distances referred to are given as a guide only and should not be relied upon for the purchase of any fixture or fittings. Lease details, service charges and ground rent (where applicable) are given as a guide only and should be checked prior to agreeing a sale.

Cleethorpe Road, Grimsby, DN31

Approximate location
Open mapStreet View

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • New Clee Station0.2 miles
  • Grimsby Docks Station0.5 miles
  • Grimsby Town Station1.2 miles

About Jackson Green and Preston, Grimsby

19 West St. Marys Gate, Grimsby, DN31 1LE
Industry affiliations:Industry affiliation logo 0Industry affiliation logo 1Industry affiliation logo 2

About Us

Founded in 1920, Jackson Green & Preston is Grimsby and Cleethorpes largest and best known local Estate Agency, with over 95 years experience in the property market and currently having 400 or so properties on the market through our agency.

In 2011, on the retirement of the Partners in Goudes Chartered Surveyors, we acquired their very successful Lettings and Management Department, reinforcing our position as one of Grimsby's premier Management Agents.

In 2016, following the retirement of the principal of Bacons Property Management, we were again approached and offered the opportunity to further enhance our position as Grimsby's leading lettings specialist by acquiring Bacons Property Management.

We are members of the Guild Property Professionals and we provide a level of service that meets a high standard of knowledge, integrity, and results. Don't just take our word for it, read some of our testimonials below.

Notes

These notes are private, only you can see them.

Disclaimer - Property reference a2b2b52c-457a-4b7c-b9cb-cfca9665dfd1. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Jackson Green and Preston, Grimsby. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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