Roman Bank, Skegness
- SIZE
Ask agent
- SECTOR
Commercial property for sale
Key features
- Attractive Mixed Residential & Commercial Investment Property
- Currently producing £33,420 per annum
- Office premises let to Sequence (UK) Ltd t/a William H Brown Estate Agents
- 3 self-contained flats all let on ASTs
- Excellent town centre location
- Freehold
Description
Location - Skegness is the principal Lincolnshire coastal resort with a resident population of around 20,000 persons, increasing substantially in the summer months with the influx of holiday makers and day visitors. It lies some 40 miles east and south of Lincoln and Grimsby respectively, with main communication links via the A52 and A158 roads as well as a regional rail service to Grantham and Nottingham.
20 Roman Bank has a prominent position close to the main shopping street of Lumley Road on the east side of Roman Bank opposite the Lincoln Road junction.
Description - A substantial building with 3 floors of accommodation comprising;
Ground Floor - Sequence (UK) Ltd t/a W H Brown Estate Agents
First Floor - 2 Flats
Second Floor - 1 Flat
The flats are approached from the rear, accessed off Algitha Road.
Schedule - 20 Roman Bank
Ground Floor Accommodation let to Sequence (UK) Limited trading as William H Brown Estate Agents at a rental of £16,500 per annum exclusive for 5 years from 1st November 2021. No rent review or break clause. Tenants Covenants to repair and keep in repair the premises.
Flat 20A Roman Bank
First Floor 1 Bedroom Flat let at £440 pcm exclusive.
Flat 20B Roman Bank
First Floor 2 Bedroom Flat let at £495 pcm exclusive.
Flat 20C Roman Bank
Second Floor 2 Bedroom Flat let at £475 pcm exclusive.
Copies of lease and agreements are held by the managing agents.
Assessments - Council Tax Bands
Flat 20A - A
Flat 20B - A
Flat 20C - A
Enquiry of the VOA website indicates:-
Description - Shop and premises
Rateable Value - £20,750
Rating Authority - East Lindsey District Council.
Tenure - Freehold
Vat - Please note, all prices quoted may be subject to VAT unless stated otherwise.
Viewing - Strictly by appointment with the sole agents, TES Property.
Energy Performance Ratings -
Brochures
Roman Bank, Skegness
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Skegness Station0.2 miles
- Havenhouse Station3.4 miles
- Wainfleet Station5.0 miles
TES Property has been established since 2022 and our family run agency provides both Residential and Commercial property services. Located in the heart of Louth and with industry links dating back over 40 years, our staff have a wealth of knowledge and experience and pride ourselves on a personal service for you and your property. Whether you are looking to buy or sell property, feel free to call or visit to discuss your needs.
Notes
Disclaimer - Property reference 33101281. 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 TES Property (Lincolnshire), Commercial. 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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