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120-122 Lumley Road, Skegness, Lincolnshire, PE25

£450,000

£117.19 per sq ft

Business rates & charges may apply

PYGOTT & CRONE COMMERCIAL, Lincoln
SIZE AVAILABLE

3,840 sq ft

357 sq m

SECTOR

High street retail property for sale

Key features

  • Prime Retail shop in Town Centre
  • Overall Area 3840 sq.ft (356.7 sqm)
  • Close to the main sea front
  • Basement, GF Shop, First and Second Floor residential
  • Rear fenced yard with parking for at least 4 cars
  • Suitable for retail & potential food use
  • Strong letting potential for investors
  • Rateable value £19500
  • EPC Rating - B-49

Description

The property comprises a prime retail premises close to the main sea front and fronts onto the main retail area of Lumley Road and is close to the Hildred Centre and the High Street. The property comprises a 4 storey building with basement storage, ground floor retail shop and disused first and second floor former residential accommodation. The property has a rear fenced yard with parking for at least 4 cars. 

Location

The principal access routes to the town are by the A52 from Boston which is located approximately 22 miles to the south west and the A158 to Lincoln which is approximately 43 miles to the west. The town is also served by a railway station with access to Nottingham. The subject property fronts onto Lumley Road which is a popular retail location within the town centre. Nearby national occupiers include Specsavers, Boots, NatWest, Argos and Barclays. Lumley Road also connects to Wainfleet Road which provides access to Skegness promenade, a popular tourist attraction and driver of high levels of footfall.

ACCOMMODATION

The property comprises a basement, ground floor shop and first and second floor former residential accommodation. The property has an overall floor area of 3840 sqft (356.7 sqm)

PLANNING

The property has an established use as an A1 retail shop. The first and second floor have established use as C3 residential.

SERVICES

Mains Electricity , water, gas and drainage are connected. No services have been tested.

TENURE

The property is offered for sale freehold with vacant possession.

RATEABLE VALUE

The property has a rateable value of £19,500 for the financial year 2023/2024

Energy Performance Certificate

The property has an EPC rating of B-49 which is valid until December 2033.

LEGAL COSTS

VAT

The price is exclusive of VAT if applicable

LOCAL AUTHORITY

East Lindsey District Council The Hub Mareham RoadHorncastle Lincolnshire LN9 6PH Tel: E Mail:

VIEWINGS

Contact Pygott & Crone Commercial 36a Silver StreetLincolnLN2 1EWTel:

120-122 Lumley Road, Skegness, Lincolnshire, PE25

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Skegness Station0.4 miles
  • Havenhouse Station3.5 miles
  • Wainfleet Station5.1 miles

About PYGOTT & CRONE COMMERCIAL, Lincoln

36a Silver Street, Lincoln, LN2 1EW

Notes

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Disclaimer - Property reference 10407042. 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 PYGOTT & CRONE COMMERCIAL, Lincoln. 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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