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22-26 Roman Bank 4,041 sq ft Retail Property Skegness PE25 2SG £275,000 (£68.05/sq ft) 5.45% Net Initial Yield
INVESTMENT HIGHLIGHTS
- Comprising three adjoining ground floor shop units each of which has a self-contained flat above
- Situated 200m from Skegness Rail Station
- Let on three separate ground leases each for a term of 124 years
- Well located in a popular seaside resort town on the East Lincolnshire Coast
EXECUTIVE SUMMARY
Lot 132 is available for sale at an Allsop online auction to be held on Tuesday 30th September 2025.
The property comprises an investment opportunity for sale.
The asking price is £275,000 - £300,000, representing a gross initial yield of 5.45%.
The property comprises an investment opportunity for sale.
The asking price is £275,000 - £300,000, representing a gross initial yield of 5.45%.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront Retail / Residential
Property Size
4,041 sq ft
Year Built
1980
Price
£275,000
Price per sq ft
£68.05
Yield
5.45%
NOI
£14,988
Tenancy
Single
Number of Floors
1
Plot ratio
0.83
Total Plot Size
0.11 ac
Frontage
159 ft on Roman Bank
AMENITIES
- Signage
- Storage Space
- Smoke Detector
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NEARBY MAJOR RETAILERS
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MATTERPORT 3D EXTERIOR
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22-26 Roman Bank
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