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COMMERCIAL

109-111 Drummond Road, Skegness PE25 3EP

Guide Price
£198,000
Savills Auctions, London
PROPERTY TYPE

Commercial Property

SIZE

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Key features

  • To be offered on Wednesday 22 April
  • Freehold Mixed Use Investment
  • Comprising 2 x Shops, a 3 bedroom maisonette and a building to the rear
  • Well located in the popular seaside resort of Skegness
  • Significant asset management opportunities
  • VAT is not applicable
  • Investment let at £5,640 p.a. Plus a vacant Shop and maisonette

Description

StrapLine

Auction Sale - 21/04/2026 - To book viewings, view the legal pack and register to bid please refer to the full sales particulars on the Savills Auctions website

Freehold Mixed Use Investment of 2 x shops with a 3 bedroom maisonette above part let at £5,220 p.a. plus a vacant shop and maisonette


Description

The property comprises two self-contained ground floor shops and a three bedroom maisonette above.

The maisonette is accessed from the side passage.

To the rear is a garden and store.


Location

Skegness is a popular retail centre and seaside resort serving an extensive catchment population, which increases substantially in the summer months due to the influx of holiday-makers.

Lincoln is some 40 miles to the west, Grimsby some 37 miles to the north, and the A52 connects to Boston some 22 miles to the south


Transport

Road - The town is located at the junction of the A52 Boston to Mablethorpe road with the A138 from Lincoln

Rail - Skegness Rail Station provides regular services to Nottingham with a journey time of approximately 2 hours


Tenancy

109 Drummond Road - Vacant

111 Drummond Road - Let on a lease to Copystat on a lease expiring October 2029 at a rent of £5,640 per annum

First and Second Floor Maisonette - Vacant


Accommodation

Ground Floor Shop (109) - 32 sq m (345 sq ft)

Ground Floor Shop (111) - 31.92 sq m (344 sq ft)

First and Second Floor Maisonette - 94 sq m (1,012 sq ft)

Rear Outbuilding - 28.80 sq m (310 sq ft)


Total - 186.72 sq m (2,011 sq ft)


109-111 Drummond Road, Skegness PE25 3EP

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Skegness Station0.6 miles
  • Havenhouse Station3.2 miles
  • Wainfleet Station4.9 miles
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Savills Auctions are specialist residential and commercial property auctioneers with an unrivalled depth of experience and market knowledge.

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 221-22387. 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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