Before you do any grinding, you should do a test fit of the caliper on the mount. You will possibly need to shim the caliper to have it centered over the rotor. This may change your relationship to the wheel if you have to shim the rotor inward to center it over the rotor. You may find that after centering the caliper over the wheel you may not have any clearance issues to deal with.
I would not advise grinding on the caliper if at all possible. It may weaken the caliper as it looks to be a web support between the pistons or it may have a fluid port there to equalize the pressure between the pistons. Either way it could have disastrous results.
If you need only an extra millimeter or so to get the clearance you need, I would use a very thin wheel spacer. I'm not usually a fan of wheel spacers, but if they are kept to the absolute minimum, I see no reason not to use them especially on a street car. If you do use a wheel spacer, make sure you have good studs and the lug nuts have the proper thread contact, if a stock type nut does not thread down to a point where all the threads on the nut are used, I would advise using longer studs.
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