Size
14,729 sq.ft
Tenure
For Sale
25-27 Lumley Road, Skegness, Lincolnshire, PE25 3LL See location

Use Classes

Use class:
  • Investment
Other uses:
  • Retail

25-27 Lumley Road, Skegness, Lincolnshire, PE25 3LL

ID:

3014707

Buy From

£595,000

James Butcher

07808 284578

Description

The property comprises a substantial High Street retail investment laid out over ground, first and second floors, with a separate area of car parking to the rear on the northern side of Prince George Street, that runs parallel to the rear of the property, part of which is demised to the tenants of the shop, the British Heart Foundation, with two further spaces demised to an adjacent landowner. The property is constructed in a mix of cavity and solid brickwork under a mix of slate roofs and cement asbestos clad pitched roofs to the rear. The property has a full width glazed shop front onto Lumley Road, with the accommodation behind this running northwards towards Prince George Street to the rear. The property is predominantly laid out over ground and first floors with a small area of 2nd floor accommodation found to the front overlooking Lumley Road. The majority of the ground floor is taken up by the sales area, with a small area to the rear for storage. The first floor is used for storage and staff accommodation. The second floor, which we were unable to gain access to during our inspection, is we understand also used for storage. With the exception of the 2 car parking spaces in the small car park to the rear, the property is let to the British Heart Foundation by way of a new lease, the details of which are set out later in these particulars. The rent passing was re-based on lease renewal last November.

Location

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