Well Positioned Investment and Development Opportunity

Well Positioned Investment and Development Opportunity

Address

40 St. Peters Avenue, Cleethorpes, South Humberside, DN35 8HL

Auction date

05 May 2025

Guide price

£100,000

Type

Commercial

Tenure

Freehold

EPC Rating

Unknown

Auctioneer

Auction House

Description

This exceptional property is located on St Peters Avenue in Cleethorpes, offering easy access to the beachfront and local amenities. It features a ground floor shop unit currently leased for £10,000 per annum to a reputable local business, along with planning approval to convert the premises into multiple residential units, potentially yielding up to £54,000 per annum.

The freehold property presents a prime opportunity for investment and development, allowing significant scope for adding value.

Last update: 08 Apr 2025

Well Positioned Investment and Development Opportunity - Property Auctions UK