Retail in DN32 available for sale
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Retail Properties for Sale in the DN32, Grimsby

Explore the Latest DN32 Retail Properties for Sale

Including shops for sale, high street units, retail warehouses, petrol stations, showrooms, and leisure-focused retail spaces.

More details for 266 Heneage Rd, Grimsby - Retail for Sale

266 Heneage Rd

Grimsby, DN32 9NP

  • Retail for Sale
  • £45,000
  • 349 sq ft
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More details for 98 Oxford St, Grimsby - Retail for Sale

98 Oxford St

Grimsby, DN32 7PB

  • Retail for Sale
  • £99,500
  • 1,245 sq ft
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More details for 4 Freeman St, Grimsby - Retail for Sale

4 Freeman St

Grimsby, DN32 7AA

  • Retail for Sale
  • £115,000
  • 1,045 sq ft
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More details for 210 Freeman St, Grimsby - Retail for Sale

210 Freeman St

Grimsby, DN32 9DR

  • Retail for Sale
  • £85,000
  • 487 sq ft
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More details for 177 Stanley St, Grimsby - Retail for Sale

177 Stanley St

Grimsby, DN32 7LJ

  • Retail for Sale
  • £140,000
  • 481 sq ft
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More details for 26-26a Wellowgate, Grimsby - Retail for Sale

26-26a Wellowgate

Grimsby, DN32 0RA

  • Retail for Sale
  • £75,000
  • 2,345 sq ft
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More details for Retail Investment Opportunity – Retail for Sale, Grimsby

Retail Investment Opportunity

  • Retail for Sale
  • 7,990 sq ft
  • 2 Retail Properties

Grimsby Portfolio of properties for Sale

The property comprises a small shopping park consisting of a terrace of four retail units and a substantial detached single-storey convenience store benefitting from 27 shared parking spaces. The units lie within a site of 0.8 acres, and are accessible via a side street to Convamore Road. The site occupies a frontage directly on to Convamore Road in a well-positioned established location in the heart of Grimsby. Internally, units 1 to 4 offer a well-proportioned ground floor retail area, storage and ancillary space to the rear, inclusive of WC's and kitchens. The units are secure and benefit from roller shutter doors to the front of the terrace. Unit 5 which consists of a large detached convenience store offers a substantial ground-floor retail area of approximately 3,000 sq. ft. Within the unit, there is ample storage space, extending beyond the shop floor, where there are staff facilities, including WC's, a kitchen, and staff room area, as well as stock storage, and two walk-in fridges. Offers are invited on a freehold basis. Alternatively leasehold offers on Units 1 & 5 will be considered on their individual merits. The property presents a compelling mixed-use retail investment opportunity in a densely populated residential area of Grimsby. Currently, the asset generates a passing rent of £51,220 per annum. Units 1 and 5 are vacant and available to let. Unit 5, comprising approximately 6,000 sq. ft of prime convenience retail space, is held under an existing lease to Gill Marsh Forecourts Limited (expiring June 2030) at £27,500 per annum. The tenant has vacated the premises and indicated their willingness to surrender the lease, creating an opportunity for re-occupation and lease restructuring.

Contact:

Hindley Lawrence

Date on Market:

07/01/2026

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FAQs about Retail property for sale in DN32

See All Retail Spaces For Sale
How many Retail Property listings are available for sale in DN32?
There are currently 8 Retail Properties available for sale near DN32. These DN32 Retail Property listings have an average size of. The largest available listing in DN32 is. The thriving commercial centre and excellent transport links in DN32 make it an ideal location for businesses to find suitable Retail Property for sale.
How much does it cost to buy Retail Property in DN32?
The average price/SF for Retail Property for sale in DN32 is about. The cost per sq ft for Retail Property in DN32 ranges from to , depending on the location and the size of the property.
What factors could affect the prices of Retail Properties in DN32?
Several factors can impact the price of Retail Properties, including the size and location of the property, its net initial yield, and the amenities it offers. Prices currently range from to per square foot. While the average net initial yield for Retail Properties is.
What is the largest Retail Property available for sale in DN32?
Currently, the largest Retail Property available to buy is and the smallest is. The average size of Retail Property available for sale in DN32 is approximately.
What are the benefits of investing in retail property?
Retail property can offer long-term rental income, especially with established tenants. High street shops, shopping centres, and neighbourhood parades all offer opportunities for stable yields, with leases often structured on full repairing and insuring (FRI) terms.
What risks should I consider when buying retail property?
Risks include tenant turnover, void periods, changes in consumer habits, and local competition. Location is key—properties in well-trafficked or affluent areas tend to be more resilient to market shifts.
How does lease length affect retail property investment?
Longer leases (typically 5–15 years) can provide more predictable income. Some leases include upward-only rent reviews, which help protect returns over time. It's important to review break clauses and rent-free periods during due diligence.
What types of tenants occupy retail property?
Retail tenants include national chains, local independents, convenience stores, restaurants, salons, and service providers. National brands may offer greater covenant strength, while independents can offer flexibility and local appeal.
Do I need planning permission to change a retail property's use?
Most retail units now fall under Class E, which allows changes of use between shops, cafés, offices, and some medical or fitness uses without full planning permission. However, local restrictions or conservation areas may require additional consent.

Discover More Retail Properties for Sale in the DN32, Grimsby

With 8 retail units currently available for sale in DN32, the area presents a solid opportunity for investors seeking income-producing commercial property. Shops and retail premises remain a resilient asset class in DN32, 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 DN32, 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 DN32 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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