12 bedroom apartment for sale
Key information
Features and description
- 7 Self Contained Holiday Flats
- Successful Cafe/ Tearoom
- Large Garden with Outdoor Seating
- Excellent Position Close to Seafront
- Blue Flag Lincolnshire Beaches
- Option to operate cafe or let separately
- Parking to Front and Rear
- Planning Permission to extend the cafe/tea room
- Successfull trading history with high gross income
- *Viewings By Appointment Only*
An excellent opportunity to acquire a profitable investment property comprising 5 residential flats and 2 holiday flats and a café/tea room with large garden, outdoor seating pods and parking.
The property is situated close to the seafront with sea views in the ever popular and bustling seaside town of Skegness in Lincolnshire.
AS OF AUGUST 2024: The first and second floor flats (5 in total) have planning permission for full residential usage and are let under long term tenancy agreements. For full details please see East Lindsey District Council planning; REF: S/153/00874/24
The 7 apartments are laid out over three floors offering 1, 2 & 3 bedroom accommodation options. The ground floor apartments have wheelchair access.
Until recently the café/tea room was let under a separate long term tenancy. The cafe traded very successfully all year round and has only ceased trading due to retirement.
Flats A-E - EPC E
Flat F+G - EPC F
Tearoom - EPC D
Tenure: Freehold