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Retail Property (high street) for sale

Lumley Road,Skegness,Lincs,PE25 3NG

Sold STC £195,000
45 sq. m.

Property Description

Commercial information

  • 484 sq ft (45 sq m)

Full description

Tenure: Freehold

• FOR SALE
• FREEHOLD RETAIL INVESTMENT
• 2 BEDROOM FLAT OVER
• TOWN CENTRE POSITION
• RENTAL INCOME APPROX £17,000 P.A (on application
• EPC RATINGS - SHOP "D", FLAT "F"


LOCATION
Skegness is the principal Lincolnshire coastal resort lying some 40 miles from Grimsby and Lincoln and 23 miles north of Boston. The town has a resident population of around 18,000 persons increasing substantially in the summer months with the influx of holidaymakers and day visitors.

No. 24 stands on the south side of Lumley Road within a mixed retail trading area towards the west end, close to Lumley Square. Within Lumley Road can be found numerous national retailers including Boots, Argos, Savers, Edingburgh Woolen Mill, New Look, Bon Marche, Peacocks as well as further representation in the Hildreds Centre. The attached plan indicates, edged red, the position of the property.

DESCRIPTION
A three storey property with retail to ground floor and a split level flat over:-

SHOP:

Internal width 4.39m - 14'5"
Internal depth (from window) 9.10m - 29'10"
Small Rear Store 7.78m² - 84 ft²
W.C.

FLAT:
Known as 13a High Street, accessed from off High Street between No.s 11 and 13 and with separate rear entrance behind the shop. It comprises Kitchen, Living Room, Bathroom and 2 Bedrooms.

TENANCIES

SHOP:
The shop is let out from January 2015 on a 5 year lease at £12,000 per annum on an internal repairing and insuring basis.

FLAT:
Currently let / to be let out under a shorthold tenancy at a rent of approx £425 p.c.m (£5,100 per annum) 2 bedrooms, re-fitted kitchen and re-fitted bathroom, living room, modern electric heating, pvc double glazing.

ASSESSMENTS
No. 24 Lumley Road
Shop and Premises:- Ratebale Value:- £16,250
Rates Payable:- 2014/2015 - Approx £7,000.

No 13a High Street
Flat Council Tax Band 'A'

VIEWING
Strictly by prior appointment through the agents, Skegness office - 48 hours notice being requested.

MEASUREMENTS Measurements are approximate with the metric conversion shown in brackets, taken wall to wall unless otherwise stated.

DISCLAIMER Notice is hereby given that these particulars are set for the guidance of proposed purchasers, and although due care is taken in their preparation and they are believed to be correct, proposed purchasers must not rely on them as statements of fact and must satisfy themselves by inspection or otherwise as to their correctness. These particulars are issued on the understanding that all negotiations are carried through the Agents Turner Evans Stevens but they do not constitute an offer or contract.

No person employed by Turner Evans Stevens Limited has any authority to make or give any representation or warranty whatsoever in relation to this property.


More information from this agent

Energy Performance Certificates (EPCs)

Map & Street View

Disclaimer - Property reference sk007972. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Turner Evans Stevens, Skegness Commercial. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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