Prince George Street, Skegness, Lincolnshire, PE25
- PROPERTY TYPE
Terraced
- SIZE
1,400 sq ft
130 sq m
- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- For Sale or To Let
- Established Distillery
- Specialising in Gin and Rum
- Turn key opportunity
- Fantastic equipment
- Freehold 2 storey building
- 1424 sqft (132.3 sqm)
- Retail/shop/bar
- Potential for FF Flat conversion
- Option to split building
Description
Due to retirement, the vendors offer the building for freehold sale or to let. This attractive multi-purpose commercial two-storey unit with parking and outside storage is right in the centre of Skegness.
Currently the building is used as a licensed bar, event space, gin school, commercial distillery and retail shop with private parking.
Outright purchase
Freehold/Business Sale including all current equipment and parking space - £169000
Freehold/Business Sale excluding equipment ie shell and parking space - £155000
To Let
Commercial building including all current distillery, bar and shop equipment and parking space - £1200 pcm
Commercial building excluding all current distillery, bar and shop equipment ie shell but includes parking space - £975 pcm
Location
The property is situated close to the prime trading area of Skegness and is within 500 yards of the sea front. The town is a popular retail centre and seaside resort serving an extensive catchment population which increases substantially due to staycations. 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. Nearby national occupiers include Specsavers, Boots, NatWest, Argos and Barclays. The main retail street Lumley Road which is withing a few hundred yards of the property also connects to Wainfleet Road and provides access to Skegness promenade, a popular tourist attraction and driver of high levels of footfall.
ACCOMMODATION
The property is arranged on ground and first floor with an overall area of 132.3 sqm 1424 sqft)Ground Floor Entrance/Retail/Reception with warehouse, distillery, storage area = 662 sqft (61.5 sqm)First Floor with Bar, seating area, distillery table, WC x 2 = 662 sqft (61.5 sqm)Ground Floor Store = 100 sqft (9.3 sqm)There is potential to convert the first floor into a owners flat
PLANNING
The property has an established use as a gin and rum distillery with bar and retail planning permission and licence.
SERVICES
Mains electricity, water and drainage are connected to the property. The property also has the following equipment included in the price. The building has a 7 camera internal and external CCTV system with alert linked to phone with licence-compliant hard drive recording device, security shutters, music system, full fire regulations. Distillery equipment300L Copper pot still handmade in Brazil with condenser, capacity 30k L per year3 phase connection and master control unit20L Cooper test still with condenser.200 L tanks x 3, 300 L tanks x 1Vacuum bottle filling line and corkerAuto bottle washing kitAnton Parr portable density meterStock of corks boxes etcStock of botanicalsStock of bottles 70cl, 5cl, 35cl, 50cl.Stock of labelsLabelling machineRacking, benches, and movement traysReverse Osmosis equipmentLiquid pumps x 2 with triclamps, spare valvesFood-grade flexible pipingIBC 1000L tank for distilled water200L drums x 5 empty25L polys x 15W
GENERAL
Due to retirement, the vendors offer the building
for freehold sale or to let. This attractive multi-purpose
commercial two-storey unit with parking and outside storage is right in
the centre of Skegness, 500 meters from the beach. The traditional building has recently been refurbished with heating, UPVC glazing, security shutters and includes parking and outdoor storage all to make it a significant distillery, producing contract and own brand spirits gin, rum, vodka plus various smaller products, negroni and absinthe etc. The business has a five-star environmental health food and drink rating. Licences include premises, distilling, rectifying, and AWRS. It has top ratings on Google and TripAdvisor.There are 3.5m visitors' trips to the Skegness coast each year (according to government stats) so plenty of potential buyers and a large hospitality sector feeding and water the holiday makers. This is a ‘turnkey' opportunity with all side of business run by just two person
TENURE
The property is offered freehold with vacant possession or potential leasehold.Outright purchaseFreehold/Business Sale including all current
equipment and parking space - £169000Freehold/Business Sale excluding equipment ie
shell and parking space - £155000 To Let Commercial building including all
current distillery, bar and shop equipment and parking space - £1200
pcm
Commercial building excluding all
current distillery, bar and shop equipment ie shell but includes parking
space - £975 pcm
RATEABLE VALUE
The property is not listed on the VOA business rates website. The business rates are to be confirmed.
CEPC
The property has a CEPC rating of E which is valid until May 2026
LEGAL COSTS
Each party are responsible for their own legal costs
VAT
The price is exclusive of VAT if applicable.
LOCAL AUTHORITY
East Lindsey District Council The Hub Mareham Road Horncastle Lincolnshire LN9 6PHTel
VIEWINGS
Contact Pygott & Crone Commercial 36a Silver Street Lincoln LN2 1EWTel
- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
- Band: TBC
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Yes
- GARDENA property has access to an outdoor space, which could be private or shared.
- Ask agent
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
Energy performance certificate - ask agent
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