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  1. 87 & 89 Roman Bank, Skegness PE25 2SW
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87 & 89 Roman Bank, Skegness PE25 2SW

87 & 89 Roman Bank, Skegness PE25 2SW

£35,000
Mixed Use
Available
About this Property
10 August 2026
11 August 2026
Available
£35,000
Traditional
Mixed Use
Description

A freehold investment property located in the centre of Skegness, within an established commercial area that features various local businesses and public transport links. The property consists of a ground-floor retail unit, currently operating as a Polish Mini Market, along with lower ground, first, and second-floor apartments, all held on long leasehold interests of 999 years from 2005 and 2008. The ground-floor retail space measures approximately 70.95 sq m (763 sq ft) and is leased to a long-standing tenant on a 10-year lease starting from 11 March 2024, generating a current rent of £150 per week (£7,800 per annum). Additionally, the three residential flats provide a combined ground rent income of £30 per annum. The property falls under the jurisdiction of East Lindsey District Council and is subject to existing tenancy agreements.

Location
Map location for 87 & 89 Roman Bank, Skegness PE25 2SW
More Information
Freehold
Planning Authority
East Lindsey LPA

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