An excellent opportunity to acquire a mixed-use property in a prominent High Street position in the popular coastal town of Cleethorpes.
The property comprises a ground floor retail unit with strong frontage onto High Street, providing an attractive commercial space suitable for a variety of retail or service-based uses, subject to the necessary consents.
In addition to the commercial unit, the building includes three self-contained flats, arranged across the ground floor, first floor and second floor, offering established residential accommodation and strong rental potential. Situated in a busy town centre location, the property benefits from high levels of footfall and is within close proximity to local shops, amenities, and the seafront.
This property represents an ideal investment opportunity, combining commercial and residential income streams within a well-positioned Cleethorpes location.
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).
If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Any payment that will be received by the Agent or Auctioneer will be confirmed to you in writing before services are taken. Services are optional.