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36 Prince George St 1,424 sq ft Industrial Property Skegness PE25 2BB £195,000 (£136.94/sq ft)



INVESTMENT HIGHLIGHTS
- 500 yards of the sea front
- Two storey building
- Close proximity to A52
EXECUTIVE SUMMARY
Due to retirement, freehold sale of two storey commercial distillery, equipment, and business inc bar, shop, venue, all in the centre of Skegness, 500 yards from the beach. The traditional building has been refurbished with heating, glazing, security shutters and includes parking and outdoor storage all to make it a significant distillery, producing contract and own brand spirits gin, rum, vodka plus various smaller products, negroni and absinthe etc.
The property is situated close to the prime trading area of Skegness and is within 500 yards of the sea front. The town is a popular retail centre and seaside resort serving an extensive catchment population which increases substantially due to staycations. The principal access routes to the town are by the A52 from Boston which is located approximately 22 miles to the south west and the A158 to Lincoln which is approximately 43 miles to the west. The town is also served by a railway station with access to Nottingham. Nearby national occupiers include Specsavers, Boots, NatWest, Argos and Barclays. The main retail street Lumley Road which is withing a few hundred yards of the property also connects to Wainfleet Road and provides access to Skegness promenade, a popular tourist attraction and driver of high levels of footfall.
The property is situated close to the prime trading area of Skegness and is within 500 yards of the sea front. The town is a popular retail centre and seaside resort serving an extensive catchment population which increases substantially due to staycations. The principal access routes to the town are by the A52 from Boston which is located approximately 22 miles to the south west and the A158 to Lincoln which is approximately 43 miles to the west. The town is also served by a railway station with access to Nottingham. Nearby national occupiers include Specsavers, Boots, NatWest, Argos and Barclays. The main retail street Lumley Road which is withing a few hundred yards of the property also connects to Wainfleet Road and provides access to Skegness promenade, a popular tourist attraction and driver of high levels of footfall.
PROPERTY FACTS
| Price | £195,000 | Net Internal Area (NIA) | 1,424 sq ft |
| Price per sq ft | £136.94 | No. Floors | 2 |
| Sale Type | Investment or Owner Occupier | Year Built | 1956 |
| Tenure | Freehold | Tenancy | Single |
| Property Type | Industrial | Parking Allocation | 1.4/1,000 sq ft |
| Property Subtype | Service | Eaves Height | 9 ft (2.74 m) |
| Costar Property Class | C |
| Price | £195,000 |
| Price per sq ft | £136.94 |
| Sale Type | Investment or Owner Occupier |
| Tenure | Freehold |
| Property Type | Industrial |
| Property Subtype | Service |
| Costar Property Class | C |
| Net Internal Area (NIA) | 1,424 sq ft |
| No. Floors | 2 |
| Year Built | 1956 |
| Tenancy | Single |
| Parking Allocation | 1.4/1,000 sq ft |
| Eaves Height | 9 ft (2.74 m) |
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36 Prince George St
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