Situation The seaside town of Skegness is located in the East Lindsey District of Lincolnshire approximately 43 miles to the east of Lincoln with a permanent population of around 20,000 residents. The town is well known for its tourist resort and links with neighbouring, Ingoldmells, having a seasonal tourist population in excess of 1.2 million visitors per year. Church Road North is located to the west of the town centre to the north of Lincoln Road in a residential area. The Church of St Clement is behind the property and Aldi with B&M are located of Burgh Road to the north-east. Description A wonderful opportunity to acquire this substantial and well positioned detached commercial property, currently let on a 10 year FRI lease, with guarantor in place at £17,500 per annum (£1458.33 pcm) with upward only rent reviews every 3 years. Lease commenced November 2024 through until November 2034 Description Ground Floor: Entrance Hall Room: 4.2m x 3.7m (15.6sqm) Excluding bay. Room: 3.7m x 4.0m (15sqm) Excluding bay. WCs Office: 3.9m x 3.4m (13.6sqm) WCs Circulation Space: Kitchen/Day Room: 5.7m x 3.0m (17.5sqm) Meeting Hall: 12.1m x 3.8m (46.4sqm) First Floor Landing: Room: 5m x 3.7m (18.9sqm) Staff Room: 3.0m x 3.7m (11.3sqm) Office: 3.6m x4m (14.8sqm) Second Floor Landing: Room: 3.8m x 3.9m (15.3sqm) Stock Room: 3.8m x 3.9m (15sqm) Second Staircase Staff Room WCs Music/Cloakroom: 4.0m x 2.5m (10.2sqm) Classroom: 5.1m x 3.8m (19.5sqm) Portacabin: 10.8m x 5.3m (55sqm) Divided into 2 rooms, 2 sinks, 2 WC’s. Timber Framed Building: 5.6m x 4.7m (27sqm) Pre-school Area: 7.0m x 4.0m (28.2sqm) Hall and Disabled WC: 4.0m x 2.0m (8sqm) Schedule of Accommodation: 140 Church Road North Total Floor Area: 353.9sqm (3,810sqft) Portacabin: 55sqm (590sqft) Total: 408.9sqm (4,440sqft) Site Area: 746sqm (0.18 acres) Agent Note Please be advised that the images provided were not taken by AH Lincolnshire and are from a previou

Portrait Video Tour

False

Lot Type

Residential

Services

Interested parties are invited to make their own enquiries to the relevant authorities as to the availability of the services.

Additional Fees

Administration Charge - Non-refundable £3,600 inc VAT payable on the fall of the virtual gavel.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.