For SaleMixed use investment

Louth Hotel, High Street, Mablethorpe, Lincolnshire, LN12 1AF

Description

The Louth Hotel is a substantial building sat in a prominent location on the corner of the High Street and Victoria Street and which is laid out to provide a pub, the Louth Hotel and five other commercial units utilised for a variety of different retail and restaurant uses, together with three self contained residential units.

To the rear of the building is a courtyard used for storage and car parking.

LOCATION

Mablethorpe is a popular coastal resort in East Lincolnshire, located between the larger resorts of Skegness, 13 miles to the south and Cleethorpes, 20 miles to the north.

The town benefits from a Blue Flag award winning beach, alongside a Seal Sanctuary, Aqua Park and other high quality leisure provisions including a brand new leisure centre which is set to open this summer.

Mablethorpe’s attractions have encourage a vibrant staycation market, with over 10 established caravan parks, located in and around the town, alongside a number of guest houses, chalet providers and campsites. Notably, Mablethorpe is home to Haven Sands Golden Sands resort, one of the company’s largerst UK holiday park locations, which was fully refurbished in 2020, in order to benefit from the booming UK based holidaymaking.

The subject property enjoys a prominent location towards the eastern end of Mablethorpe High Street, close to the seafront attractions.

services

We understand that all mains water, gas, electricity and drainage supplies are available and connected to the properties. These have not been tested and interested parties are, therefore, advised
to make their own investigations to the relevant utility service providers.

Town & country planning

We understand that the properties have consent for uses falling within Class E (Commercial, Business & Services Use), C3 (Dwellinghouses) and sui generis public house use of the Town and Country Planning (Use Classes) Order 1987 (as amended 2020).

The properties are not Listed nor situated within a Conservation Area.

Interested parties are advised to make their own investigations with the Local Planning Authority, East Lindsey District Council, in respect of any queries on the planning position.

vat

The properties are elected for VAT. However, the Vendors are prepared to consider a sale of the properties by way of a TOGC.

legal costs

Each party is to be responsible for their own legal costs incurred in documenting the transaction.