Commercial Property in Patrington available for sale
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Commercial Properties for Sale near the Patrington, Hull

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Commercial Properties for Sale Within 5 miles of the Patrington, Hull

More details for 189 Queen St, Withernsea - Retail for Sale

189 Queen St

Withernsea, HU19 2JR

  • Retail for Sale
  • £175,000
  • 2,722 sq ft
  • Energy Performance: C

Withernsea Retail for Sale

The property comprises of a ground floor retail unit currently used by a local charity shop and is let on a five year term from and including 1st April 2020 at a rent of £9,000 per annum exclusive. The first floor comprises of a large 3-bed self contained flat which has previously been rented at approximately £500 per calendar month. The upper flat is currently vacant having recently been used as a second home by the vendor and will be sold with the benefit of vacant possession.

Contact:

Barker Property Consultants

Property Subtype:

Shopfront Retail / Residential

Date on Market:

23/09/2024
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More details for 139-143 Queen St, Withernsea - Retail for Sale

139-143 Queen St

Withernsea, HU19 2DJ

  • Retail for Sale
  • 2,944 sq ft

Withernsea Retail for Sale

The property comprises of a large three storey premises with the ground floor previously used as a bank operated by NatWest. The first floor provided ancillary office and storage with the second floor we understand was historically used for residential but in recent years for ancillary storage purposes. The property presents a redevelopment opportunity to potentially comprise of two or three individual retail units upon the ground floor with self-contained residential apartments upon the first and second floors subject to planning. Access to the proposed residential upper floors would be available via Bannister Street.

Contact:

Barker Property Consultants

Property Subtype:

Shopfront

Date on Market:

04/08/2025
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LoopNet UK North Humberside Hull Commercial Properties For Sale in Patrington, Hull, UK

Learn More About Investing in Commercial Properties

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FAQs about Commercial Properties For Sale in Patrington

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How many Commercial Property listings are available for sale in Patrington?
There are currently 0 Commercial Properties available for sale near Patrington. These Patrington Commercial Property listings have an average size of. The largest available listing in Patrington is. The thriving commercial centre and excellent transport links in Patrington make it an ideal location for businesses to find suitable Commercial Property for sale.
What factors could affect the prices of Commercial Properties in Patrington?
Several factors can impact the price of Commercial Properties, including the size and location of the property, its net initial yield, and the amenities it offers. Prices in Patrington currently range from to per square foot. While the average net initial yield for Commercial Properties is.
What other types of commercial property are available for sale in Patrington?
There is a diverse range of commercial properties available in Patrington to suit various business needs. Patrington offers office buildings, retail units and shops, and industrial units & warehouses, catering to a variety of sectors and industries. With a total of 0 Patrington commercial property listings in the area, potential owners can find suitable options that meet their requirements.
What are the advantages of investing in commercial property in the UK?
Commercial property investment can provide long-term income through leases, capital appreciation, and portfolio diversification. Compared to residential property, commercial leases are often longer and place more responsibility on tenants for repairs and maintenance.
What is a net initial yield and why is it important?
Net initial yield is the annual rental income expressed as a percentage of the purchase price (after acquisition costs). It’s a key measure used by investors to compare return on investment across different commercial properties.
Do I need a commercial mortgage to invest?
Many investors use commercial mortgages to finance purchases. Lenders typically require a larger deposit than for residential property (often 25–40%) and will assess the property’s rental income and condition as part of the loan application.
What should I look for when doing due diligence?
Due diligence includes reviewing lease terms, tenant strength, service charges, planning permissions, condition reports, and title deeds. A commercial solicitor and surveyor are strongly recommended before purchase.
What are the risks of investing in commercial property?
Risks include void periods (no rental income), tenant default, maintenance liabilities, and changes in market conditions or planning regulations. Mitigating these requires proper property management and lease structuring.
Can overseas investors buy commercial property in the UK?
Yes, the UK market is open to international investors. However, you may need a UK-based legal representative and must comply with HMRC tax obligations, including stamp duty and possible capital gains tax on disposal.

Discover More Commercial Properties for Sale in the Patrington, Hull

Market Overview for Commercial Properties in Patrington

Key information for Commercial Properties investors in Patrington and comparable markets. This summary brings together pricing and building size data to provide a clear view of market conditions and potential investment opportunities.

City Avg Price Per Sq Ft Avg Size Available
Withernsea £49 2,833 sq ft
Cleethorpes £235 483 sq ft
Cleethorpes £188 5,071 sq ft
Grimsby £126 4,247 sq ft
Immingham £111 15,348 sq ft

Rental Price Trends in Patrington

The price per square foot range for Commercial Properties in Patrington and nearby cities. These metrics help establish valuation benchmarks and highlight possible value opportunities in the market.

City Min £ Sq Ft Avg £ Sq Ft Max £ Sq Ft
Withernsea £49 £49 £49
Cleethorpes £235 £235 £235
Cleethorpes £18 £188 £603
Grimsby £14 £126 £598
Immingham £111 £111 £111

Available Building Sizes

A summary of the current sizes of Commercial Property for sale in the Patrington area. Refine your search based on space requirements and investment level.

City Smallest Property Avg. Sq Ft Largest Property
Withernsea 2,722 sq ft 2,833 sq ft 2,944 sq ft
Cleethorpes 483 sq ft 483 sq ft 483 sq ft
Cleethorpes 269 sq ft 5,071 sq ft 37,502 sq ft
Grimsby 269 sq ft 4,247 sq ft 37,502 sq ft
Immingham 15,348 sq ft 15,348 sq ft 15,348 sq ft

You searched for commercial property for sale in Patrington. Explore 0 listings from top commercial agents on LoopNet. Whether you're looking for investment properties to expand your portfolio, establish a new venture, or secure a prime location, LoopNet offers a diverse range of opportunities to meet your goals. Each listing provides detailed information on property features, size, pricing, and high-quality floor plans and photos. With the most extensive inventory of commercial properties worldwide, LoopNet is your trusted partner in finding the perfect commercial property for investment.

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