58 St. Peters Avenue

Cleethorpes, DN35 8HP

Buy £165,000

Town centre location

c.125.9 sq. m (1,354 sq. ft) overall

Ground floor retail / office and first floor offices

New commercial lease until 19 Dec 2026

Car parking for 3 vehicles

Nearby occupiers include Co-Op Food Store & St Andrews Hospice

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St Peter’s Avenue is the main retailing area serving the town of Cleethorpes with national occupiers including Sainsbury’s, Lloyds Bank, Boots, Superdrug and Heron all located nearby, together with a number of regional and local operators. The street is served well by a large Pay & Display car park, together with a significant amount of free on-street parking.


The property comprises a semi-detached former dwelling that has since been altered and reconfigured to provide retail/office accommodation to the ground floor with ancillary storage while further offices/storage and ancillary accommodation is available at first floor level.

To the rear, the property is accessible via Bowling Lane and also benefits from three car parking spaces.

The premises are currently let to a well-respected and long-established local estate agent who has been in occupation since 2005 and has just committed to a new lease expiring in December 2026.


Ground Office/retail

57.0 sq m

613 sq ft

Ground Store

14.5 sq m

156 sq ft

First Office

8.0 sq m

499 sq ft

First Ancillary

8.0 sq m

86 sq ft


The premises are offered For Sale at a guide price of £165,000, subject the reversionary lease detailed below:


Lease Term



Business Rates


Joy Walker Estate Agents

3 years

19 Dec 2026

£13,650 p.a.

£8,600 p.a.


A sale of £165,000 reflects a net initial yield of 8% after making an allowance for purchasers’ costs.

Please note - the vendor of this property is a connected person under the provisions of the Estate Agents Act 1979

Property Enquiry

58 St. Peters Avenue

58 St. Peters Avenue