47-47A Grimsby Rd
Cleethorpes, DN35 7AQ
- Retail for Sale
- £135,000
- 2,010 sq ft
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7
Retail Properties for Sale in Cleethorpes, UK
Find Retail Property for sale in Cleethorpes that meets your business or investment goals
Including shops for sale, high street units, retail warehouses, petrol stations, showrooms, and leisure-focused retail spaces.
215 Grimsby Rd
Cleethorpes, DN35 7HB
- Retail for Sale
- £160,000
- 269 sq ft
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425 Grimsby Rd
Cleethorpes, DN35 7LB
- Retail for Sale
- £107,500
- 750 sq ft
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47 Market St
Cleethorpes, DN35 8LY
- Retail for Sale
- £300,000
- 376 sq ft
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177 Stanley St
Grimsby, DN32 7LJ
- Retail for Sale
- £140,000
- 481 sq ft
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187 Grimsby Rd
Cleethorpes, DN35 7HB
- Retail for Sale
- £139,000
- 406 sq ft
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87 Brereton Av
Cleethorpes, DN35 7RN
- Retail for Sale
- £95,000
- 1,168 sq ft
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Learn More About Investing in Retail Properties
FAQs About Retail Property For Sale in Cleethorpes
See All Retail Spaces For Sale
How many retail properties are currently available for sale in Cleethorpes?
There are currently 5 retail properties available for sale. Sizes range from 269 sq ft to 2,010 sq ft, with an average size of 762 sq ft. Available opportunities may include high street shops, retail units, shopping centre space, neighbourhood parades and mixed-use investments.
How much does retail property cost in Cleethorpes?
The average asking price is approximately £291 per sq ft, with prices ranging from £50 to £597 per sq ft. Values are influenced by factors such as location, footfall, tenant strength, lease terms and the overall condition of the property.
What factors influence retail property values?
Location is often the most important factor, alongside footfall levels, tenant quality, lease length, rental income, nearby occupiers and local market conditions. Properties with strong trading locations and established tenants may attract greater investor demand.
What sizes of retail property are available?
Available properties range from 269 sq ft to 2,010 sq ft, with an average size of 762 sq ft. Opportunities may suit independent retailers, owner-occupiers, investors and larger multi-site operators.
What are the benefits of investing in retail property?
Retail property can provide long-term rental income and the potential for capital growth. Well-located assets with established tenants may offer predictable income streams, while properties with redevelopment or alternative-use potential can provide additional opportunities for value creation.
What risks should I consider before buying?
Potential risks include tenant vacancy, changing consumer behaviour, local competition, economic conditions and shifts in retail demand. Understanding the strength of the location and the sustainability of rental income is an important part of any acquisition decision.
How does lease length affect investment performance?
Longer leases can provide greater income certainty, while shorter leases may offer opportunities for rent growth or repositioning. Investors should review rent review provisions, break clauses and tenant obligations when assessing an asset.
What types of tenants occupy retail property?
Retail occupiers can include national retailers, convenience stores, restaurants, cafés, health and beauty businesses, service providers and independent operators. The mix of tenants can influence both investment performance and future demand.
Can a retail property be used for other purposes?
Many retail premises fall within Use Class E, which may allow a degree of flexibility between retail, office, hospitality, health and other commercial uses. However, any proposed change of use should be confirmed with the local planning authority.
What due diligence should I carry out before buying?
Buyers should review leases, tenant covenant strength, service charge arrangements, planning permissions, title documents, environmental matters and building condition reports. Professional legal and surveying advice is strongly recommended before completing a purchase.
What additional costs should I budget for?
In addition to the purchase price, buyers should budget for Stamp Duty Land Tax (SDLT), legal fees, surveys, finance costs, insurance and any refurbishment or maintenance works that may be required.
Discover More Retail Properties for Sale in the Cleethorpes, UK
With 7 retail units currently available for sale in Cleethorpes, the area presents a solid opportunity for investors seeking income-producing commercial property. Shops and retail premises remain a resilient asset class in Cleethorpes, particularly in high-footfall streets, suburban centres, and growing residential areas. Investors can choose from single-let high street shops, parade investments, convenience stores, and mixed-use buildings with both retail and residential components. Tenants often include local independents, cafés, national chains, and essential services such as pharmacies or food outlets, providing reliable rental income and long-term potential.
When purchasing a retail property in Cleethorpes, key considerations include location footfall, tenant strength, lease terms, and scope for asset management. Prime areas close to transport links, schools, or densely populated neighbourhoods are typically in higher demand. Investors should assess the EPC rating, permitted use under Class E, and whether there’s potential to convert upper floors or reconfigure the unit. Well-let shops with full repairing and insuring (FRI) leases and upward-only rent reviews offer strong yield stability, while underused stock may present redevelopment or repositioning opportunities. With the right due diligence, retail units in Cleethorpes can form a valuable part of a diversified investment portfolio.
- Footfall & visibility: Prioritise high street, corner, or parade locations with strong local catchments
- Tenant covenant: Assess trading history, sector resilience, and lease security
- Lease structure: Favour long-term FRI leases with upward-only rent reviews
- Permitted use: Class E properties offer flexibility for shops, cafés, clinics, or services
- Rental yield & growth: Evaluate rent levels and local demand for retail space
- Repositioning potential: Consider refurbishment, signage improvements, or upper floor conversion
- Exit strategy: Plan for long-term hold, break-up, or onward sale to owner-occupiers or funds
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