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21 Waltham Rd 572 sq ft Retail Property Grimsby DN33 2LY £219,000 (£382.87/sq ft)

Investment Highlights
- Mixed-use investment
- One-bedroom first floor flat
- Popular local retail parade
- Two ground floor retail units
- Income producing property
- Main road position linking Scartho and Waltham
Executive Summary
The property comprises a mixed-use building providing ground floor retail accommodation with a one-bedroom flat above. The main retail unit is currently used as a barbershop and includes a retail sales area to the front with kitchen and ancillary accommodation to the rear. A further single-storey ground floor retail unit is located to the south within the same grounds and features a timber shopfront. The ground floor retail unit is let until October 2027 at £7,776 per annum, subject to a tenant break option on two months’ notice. The outbuilding is let at £350 per month on a rolling basis and the first floor flat is let at £390 per month on an assured shorthold tenancy holding over since 2023.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Size
572 sq ft
Costar Property Class
B
Year Built
1890
Price
£219,000
Price per sq ft
£382.87
Tenancy
Single
Number of Floors
2
Plot ratio
0.11
Total Plot Size
0.12 ac
Frontage
15 ft on Waltham Road
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Nearby Major Retailers
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21 Waltham Rd
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