Unit 14, Hildred Shopping Centre, Skegness, Lincolnshire, PE25
£179.17 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
893 sq ft
83 sq m
- SECTOR
High street retail property for sale
Key features
- Established Cafe/restaurant business
- Leasehold Property Established since 1989
- Can cater for 60 people seated
- Excellent turnover and profit
- Quality fixtures and fittings
- prime position within the Hildreds Shopping Centre in the centre of Skegness off the main Lumley Road and close to the sea front.
- 83.4 sqm floor area, Price £160,000
- EPC Rating - C
Description
DESCRIPTION
The business comprises an established and highly profitable cafe/restaurant within the Hildred shopping centre in the heart of Skegness town centre off Lumley Road.
Location
The property is situated in the main Hildreds Shopping Centre in the centre of the town off Lumley Road and is within walking distance of the sea front and is surrounded by local, regional and national retailers and commercial uses. The property is close to all amenities. Skegness is a seaside town located on the Lincolnshire coast of the North Sea approximately 43 miles east of Lincoln and 40 miles south of Grimsby. It has a total resident population of 18,910 increasing substantially in the summer months with the influx of holidaymakers and day visitors. Skegness is the location of the first of the Butlins holiday resorts, built in 1936, which remains within the area, and in this capacity, remains one of the more famous seaside resorts in the UK.
Accommodation
The property comprises a cafe/restaurant with an overall area of 83.4 sqm (897.71 sqft) The property can cater for 60 people seated. The property has kitchen and WC facilities
SERVICES
All mains services are connected to the property
TENURE
The property is held on a lease at a rent of £40,000 pax . The purchaser will take an assignment of the lease subject to landlords approval.
RATEABLE VALUE
The property has a rateable value as from 1st April 2023 will be £34,500 which is reduced from £38,000.
CEPC
Rating C (68)
LEGAL COSTS
Each party are responsible for their own legal costs. However the purchaser is responsible for the landlords legal costs in respect of the assignment.
VAT
The price is exclusive of VAT if applicable
Business Details
The business has been established since 1989. The present owners have been trading there since 2000. The reason for sale is due to retirement. Full trading accounts can be made available to seriously interested parties on request from the agents. A full list of fixtures and fittings can be made available on request.
Trip Advisor Ratings
The business is highly rated with the following ratingsFood: 4.5 out of 5Service: 4.5 out of 5Value: 4 out of 5Atmosphere: 4.5 out of 5
LOCAL AUTHORITY
East Lindsey District Council Tedder HallManby Park Louth LincolnshireLN11 8UPTel:
VIEWING
Contact Pygott & Crone CommercialTel:
Unit 14, Hildred Shopping Centre, Skegness, Lincolnshire, PE25
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Skegness Station0.3 miles
- Havenhouse Station3.4 miles
- Wainfleet Station5.1 miles
Notes
Disclaimer - Property reference 10354373. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by PYGOTT & CRONE COMMERCIAL, Lincoln. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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