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Investment Highlights

  • Established Newsagent & General Store
  • Rear Store and yard
  • Good trading figures and potential for expansion
  • Adjoining retail shop lets as an investment
  • First and second floor 3 bed maisonette

Executive Summary

Lot 238 is available by way of Savills online auction 24th February 2026
An opportunity to acquire this long established newsagent and general store with spacious first and second floor 3 bedroom maisonette. The property also includes a ground floor retail shop let on a commercial lease.

Property Facts

Sale Type
Investment
Sale Condition
Auction Sale
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
688 SF
Building Class
C
Year Built
1960
Price
$352,980 CAD
Price Per SF
$513.05 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
0.37
Lot Size
0.04 AC
Frontage
16’ on Drummond Road

Nearby Major Retailers

SPAR
NatWest
Starbucks
Iceland
Barclays
Lloyds Bank
HSBC
Tesco Superstore
Lidl
Morrisons
  • Listing ID: 31780241

  • Date on Market: 2024-05-13

  • Last Updated:

  • Address: 109-111 Drummond Rd, Skegness PE25 3EP

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