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124 Victoria Rd 1,764 sq ft Retail Property Mablethorpe LN12 2AJ £180,000 (£102.04/sq ft)

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Investment Highlights

  • Being sold by Modern method of Auction T&C APPLY
  • Two Bedroom Ground Floor Flat
  • Garage and Lock up Unit
  • New Roof
  • Close To the Beach
  • Commercial Premises and TWO self contained Flats
  • Five Bedroom First and Second Floor Flat
  • Flats and Shop Tenanted
  • Guaranteed Rents
  • INVESTMENT OPPERTUNITY

Executive Summary

*Being Sold via Secure Sale online bidding. Terms & Conditions apply. Starting Bid £180,000

Lovelle are pleased to offer for sale a fantastic investment opportunity marketed below market valuation for a quick sale, comprising of TWO flats, A Ground Flat A x 2 Bedrooms, First and Second Floor Flat B x 5 Bedrooms, plus ongoing business premises in double shop, Plus Garage and rear Lockup Unit. Being located on Victoria Road, Mablethorpe a stones throw away from the beach and within walking distance of the town centre. Currently being sold with tenants in situ. Pattinson Auctions will be aware of rental income currently received other related information for the property.

The property comprises of a ground floor two bedroom flat, a five bedroom first and second floor flat, and commercial shop premises, also having a rear lockup and garage, both flats have Assured Shorthold tenancies in place, and the shop a commercial tenancy in place.

Tenure: Freehold,

Property Facts

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront
Property Size
1,764 sq ft
Costar Property Class
B
Year Built
1909
Price
£180,000
Price per sq ft
£102.04
Tenancy
Single
Number of Floors
2
Frontage
30 ft on Victoria Road

Major Tenants

  • Tenant
  • Industry
  • sq ft Occupied
  • Rent/sq ft
  • Lease End
  • Jontys
  • -
  • 500 sq ft
  • -
  • -
Tenant Industry sq ft Occupied Rent/sq ft Lease End
Jontys - 500 sq ft - -

Nearby Major Retailers

Co-op
Barclays
Lidl
NatWest
  • Listing ID: 39359718

  • Date on Market: 07/02/2026

  • Last Updated:

  • Address: 124 Victoria Rd, Mablethorpe LN12 2AJ

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