109/111 Drummond Road, Skegness, Lincolnshire, PE25 3EP – Mixed-Use Investment Property – For Sale by Auction
Lot 2 in our 23rd November Antiques, Collectors, Watches and Property Auction
Please call 01522 690444 for viewing details and more information
Overview
An excellent opportunity to acquire a substantial mixed-use property comprising:
A well-established newsagent and general store
An adjoining retail unit currently let on a commercial lease
A spacious three-bedroom maisonette above, arranged over the first and second floors
Rear store and yard
The property is offered for auction due to retirement. It has traded successfully for many years, with strong performance and potential for further expansion.
Key Features
Two ground floor retail units (one currently trading, one let as an investment)
Three-bedroom maisonette with independent rear access
Rear storage building and yard area
Excellent residential and commercial location
EPC Ratings: Shops – B & C; Maisonette – E
Freehold
To be sold with stock included (further details in legal pack)
Offered with a starting price of £235,000 (reserve to be confirmed)
Location
Located in a well-populated residential area just a short distance from both Skegness town centre and the seafront. Drummond Road is a well-used throughfare, close to local amenities and attractions. The area benefits from high footfall, particularly during holiday seasons.
Accommodation Summary
No. 109 – Ground Floor Retail Unit: Approx. 32 sqm (344 sq ft)
No. 111 – Ground Floor Retail Unit (Let): Approx. 32 sqm (344 sq ft)
Maisonette (First and Second Floors):
Private rear access via side passage
First Floor: Lounge/diner, kitchen, bedroom, bathroom
Second Floor: Two further bedrooms
External: Rear store and enclosed yard
VACANCY within 28 days for Newsagent Shop and Maisonette
Please call 01522 690444 for viewing details and more information
