12, 14, & 16 Tennyson Road, Mablethorpe LN12 1HE
- PROPERTY TYPE
Commercial Property
- SIZE
Ask agent
Key features
- To be offered on Wednesday 14 May
- Freehold parade investment comprising 3 shops and two flats (sold off)
- Located in the seaside resort town of Mablethorpe
- Tenants include Nail Parlour, Taxi Service and Tatooist
- VAT is not applicable
- Investment let at £10,380 p.a. (14.82% GIY on Guide Price)
Description
StrapLine
Auction Sale - 13/05/2025Freehold Mixed-Use parade comprising three shops and two flats (sold off) all let off £10,380 per annum (reflecting 14.82% GIY on Guide)
Description
The property comprises three ground floor retail units with two flats above which have been sold off on a long lease.
Location
Mablethorpe is a popular seaside town in the East Lindsey district of Lincolnshire, approximately 15 miles east of Louth and 40 miles east of Lincoln.
The property is located on the north side of Tennyson Road, with nearby occupiers including Greggs, The Original Factory and Heron Foods amongst others
Transport
Road - A16 linking Alford with Boston
Tenancy
Please see the below schedule of accommodation and tenancies
Total current rents £10,380 per annum.
Accommodation
Please see the below schedule of accommodation and tenancies
Total floor area: 142 sq m (1,528 sq ft)
12, 14, & 16 Tennyson Road, Mablethorpe LN12 1HE
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Skegness Station14.2 miles
Notes
Disclaimer - Property reference 187-16593. 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 Savills Auctions, London. 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.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Savills Auctions, London on 020 3909 6715.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”
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