AUCTION DATE
Freehold
Skegness is a seaside town located on the Lincolnshire coast of the North Sea approximately 52 miles north east of Grantham, 44 miles east of Lincoln and 39 miles south-east of Grimsby. The property is situated within the town centre, on the east side of Roman Bank, close to the junction with Burgh Road (A158) in a mixed commercial and residential area.
The property comprises a substantial four storey building arranged as three ground floor shops (one double unit) and six flats. Five of the flats are self-contained arranged over ground and and the upper floors (1 x 2 bed and 4 x 3 bed). A sixth flat (No.2A) is included within the demise of double shop unit Nos.104-106. The flats generally require some upgrading and are accessed from the rear of the building.
Unit | Accommodation | Tenant | Tenancy | Rent Per Annum |
---|---|---|---|---|
100 Roman Bank | Retail 19.65 sq m (212 sq ft) | Individual | Holding over | £3,600 |
102 Roman Bank | Retail 19.65 sq m (212 sq ft) | Comic book shop | Holding over | £3,600 |
104-106 Roman Bank & Flat 2A | Retail/ residential (2 bedrooms) 107.00 sq m (1,152 sq ft) | Vacant | Vacant | |
Flat 1A | 2 bedroom flat | Individual | Expired 03/06/2016 (holding over) | £4,800 |
Flat 1 | 3 bedroom flat | Vacant | Vacant | |
Flat 2 | 3 bedroom flat | Individual | Expired 16/01/2016 (holding over) | £6,600 |
Flat 3 | 3 bedroom flat | OccupiedIndividual | Holding over | £6,600 |
Flat 4 | 3 bedroom flat | Vacant | Vacant |
The larger shop (Nos.104-106) was previously let at £7,200 per annum.
Buyers are strongly advised to read these terms and conditions, and check the Special Conditions and any applicable Addendum, prior to bidding on a Lot. Additional costs, charges and encumbrances may apply for Buyers once they have made a successful bid in relation to a property.
Contact Oliver about this property