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