87 Roman Bank 763 sq ft Retail Property Skegness PE25 2SW £35,000 (£45.87/sq ft)

A prominent freehold mixed-use investment situated in the centre of the popular seaside town of Skegness. The property comprises a ground floor retail unit occupied as a Polish Mini Market together with the freehold reversionary interest in three residential flats located within the building. The commercial unit is let to a long-standing tenant on a 10-year lease from 11 March 2024, generating £7,800 per annum. In addition, the freeholder receives ground rent income of £30 per annum from the three residential leasehold flats, together with management charge income. The property offers an established income stream from both commercial rent and residential reversionary interests in a busy town centre trading location.