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St. Peters Avenue, Cleethorpes... Mixed use for sale
St. Peters Avenue, Cleethorpes, Lincolnshire, DN35
£120,000
St. Peters Avenue, Cleethorpes, Lincolnshire, DN35
£120,000
Our Summary
- 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
- Early viewing is highly recommended to appreciate the location, potential, and versatility of this mixed-use opportunity
- Attractive investment with potential to increase rental income or suit owner-occupation
- High-footfall trading position offering excellent visibility and commercial potential
Description
Situated on St Peter's Avenue in Cleethorpes, this mixed-use property presents an excellent opportunity for investors or owner-occupiers. The ground floor retail unit, which has recently become vacant, benefits from good footfall and traffic, offering scope for immediate occupation or re-letting to secure a commercial income stream. Above the retail space is a self-contained one-bedroom flat, currently let on an Assured Shorthold Tenancy, generating £5,040 per annum. This property combines the flexibility of vacant commercial accommodation with the security of ongoing residential rental income, making it an ideal investment proposition or a great opportunity for someone to establish their own business on Cleethorpes' busiest retail street.