45 Roman Bank 853 SF Retail Building Skegness PE25 2SN $112,302 CAD ($131.66 CAD/SF)

LOT 241 *FOR SALE BY ONLINE AUCTION* on 10th February 2026

In Same Ownership for
Approximately 19 Years

Freehold Investment Shop and Two Flats

Situated on Roman Bank, in a central position close to the amenities available in Skegness Town Centre and travelling facilities including Skegness Train Station. Skegness Beach is also nearby.

A Terrace Building arranged over Three Floors comprising of a Ground Floor Shop and Two Upper Self-Contained Flats as follows:

Self-Contained Second Floor Flat (45B)
Entrance Hall
Living Room
Kitchen
Bedroom
Shower Room/WC

Let on an Assured Shorthold Tenancy from the 1st October 2025 at £350 per calendar month.

EPC Rating: D

Council Tax Band: A

Self-Contained First Floor Flat (45A)
Entrance Hall
Living Room
Kitchen/Diner
Bedroom (One)
Bedroom (Two)
Bathroom
Separate WC

Let on an Assured Shorthold Tenancy from the 1st October 2025 at £500 per calendar month.

EPC Rating: D

Council Tax Band: A

Ground Floor Shop
Retail Premises
Kitchen
WC

Let on an 18-year lease from 9th March 2021 at a rent of £7,800 per annum.

Commercial EPC Rating: TBC

Producing £18,000 per annum

*Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide. Guide prices will be continually updated on our website up until the day of the auction.

There is a buyers fee payable to McHugh & Co of £1,200 incl. VAT for lots sold over £10,000. Lots sold for less than £10,000 a buyers fee of £300 incl. VAT is to be paid to McHugh & Co.

The seller may charge additional fees payable upon completion. If applicable, such fees are detailed within the special conditions of sale available in the legal documentation. Buyers are deemed to bid in full knowledge of this.