Property Description
Step Inside:-
This is not a conventional home purchase, but a serious opportunity for those with vision. Formerly operating as a nightclub/private members club, the property now offers a substantial footprint arranged over two floors, with the existing layout presenting broad open-plan areas that lend themselves to comprehensive reconfiguration.
The accommodation currently extends to around 2,620 sq.ft. in total and includes a large principal ground floor space, additional store areas and first floor accommodation, offering the scale that many developers seek but seldom find in such a central location. Internally, the building is clearly in need of full refurbishment and redevelopment, however that is very much the appeal here: it is effectively a blank canvas for transformation.
Of particular note is the planning consent already secured under application reference DM/0560/24/FUL for change of use from private members club and restaurant to a shop and three residential units, together with associated internal and external works including a new shopfront. That planning permission was granted by North East Lincolnshire Council, subject to conditions, creating a ready-made route forward for purchasers looking to progress the scheme.
For builders and developers, the attraction lies in both the size and the direction of travel. Rather than beginning with a speculative concept, a buyer can acquire a building with a consented scheme already in place, allowing focus to shift toward delivery, cost planning and resale or retention strategy. The property’s town position and substantial internal proportions only strengthen that appeal.
Step Outside:-
From the street, the building occupies a prominent frontage along Cleethorpe Road, giving it strong visibility and a clear commercial presence. Its traditional façade sits within an established mixed-use parade, and the location feels well suited to the consented combination of retail at ground level with residential accommodation above.
The wider setting is also important. The property lies within an area that is earmarked for redevelopment and regeneration, which may further enhance long-term confidence in the location and future end values. For a buyer with foresight, this is the sort of asset that could be acquired now and repositioned to benefit from the ongoing evolution of the surrounding area.
Location:-
Cleethorpe Road occupies a convenient position close to Freeman Street, placing a range of amenities, transport connections and services within easy reach. This is an established urban setting with a mix of commercial and residential uses, making it a logical location for a mixed redevelopment scheme of this nature.
For developers, accessibility is always key, and this location offers straightforward access to the town centre, Freeman Street and the wider road network. The combination of central position, regeneration potential and granted planning permission makes this a noteworthy opportunity for those seeking a project with clear upside.
Auctioneer Comments:
This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation Period. Interested parties’ personal data will be shared with the Auctioneer (iamsold Ltd).
If considering a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information Pack is provided, which you must view before bidding. The buyer is responsible for the Pack fee. For the most recent information on the Buyer Information Pack fee, please contact the iamsold team.
The buyer signs a Reservation Agreement and makes payment of a Non-Refundable Reservation Fee of 4.5% of the purchase price inc VAT, subject to a minimum of £6,600 inc. VAT. This Fee is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty.
Services may be recommended by the Agent/Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £960 inc. VAT. These services are optional.
TO VIEW OR MAKE A BID – Contact DDM Residential Grimsby
