Peters, 120-122 Lumley Road, Skegness

£385,000
For Sale
1/10
£385,000
For Sale
William Downing
BSc (Hons) MRICS FNAEA MARLA
Director
03301280939
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Property summary

Prime Retail shop in Town Centre
Overall Area 3840 sq.ft (356.7 sqm)
Close to the main sea front
Basement, GF Shop, First and Second Floor residential
Rear fenced yard with parking for at least 4 cars
Suitable for retail & potential food use
Strong letting potential for investors
Rateable value £19500
EPC Rating - B-49

Get in touch

William Downing
BSc (Hons) MRICS FNAEA MARLA
Director
03301280939

More about the property

The property comprises a prime retail premises close to the main sea front and fronts onto the main retail area of Lumley Road and is close to the Hildred Centre and the High Street. The property comprises a 4 storey building with basement storage, ground floor retail shop and disused first and second floor former residential accommodation. The property has a rear fenced yard with parking for at least 4 cars. 

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Location
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. The subject property fronts onto Lumley Road which is a popular retail location within the town centre. Nearby national occupiers include Specsavers, Boots, NatWest, Argos and Barclays. Lumley Road also connects to Wainfleet Road which provides access to Skegness promenade, a popular tourist attraction and driver of high levels of footfall.
ACCOMMODATION
The property comprises a basement, ground floor shop and first and second floor former residential accommodation. The property has an overall floor area of 3840 sqft (356.7 sqm)

PLANNING
The property has an established use as an A1 retail shop. The first and second floor have established use as C3 residential.
SERVICES
Mains Electricity , water, gas and drainage are connected. No services have been tested.
TENURE
The property is offered for sale freehold with vacant possession.
RATEABLE VALUE
The property has a rateable value of £19,500 for the financial year 2023/2024
Energy Performance Certificate
The property has an EPC rating of B-49 which is valid until December 2033.
LEGAL COSTS
VAT
The price is exclusive of VAT if applicable 
LOCAL AUTHORITY
East Lindsey District Council 

The Hub 

Mareham Road

Horncastle 

Lincolnshire 

LN9 6PH 

Tel: 01507 601111

E Mail: customerservices@e-lindsey.gov.uk

VIEWINGS
Contact Pygott & Crone Commercial 

36a Silver Street

Lincoln

LN2 1EW

Tel: 01522 536777

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