To Let - Under OfferRetail

Unit C, 84-88 Lumley Road, Skegness, Lincolnshire, PE25 3ND

Description

The property comprises a retail unit laid out over ground and first floors, with a full width glazed frontage to Lumley Road, the prime retailing pitch in the popular Lincolnshire East Coast resort of Skegness.

The property is of brick and block construction with rendered elevations, under a pitched tiled roof.

Internally the shop is fitted out for retail purposes and is currently in use as a ladies clothes shop.

To the rear there is a communal access shared with the retail units on either side, providing rear servicing for the storage of bins.

The property represents a rare opportunity to secure representation within a unit of this size in a prime location within the town centre.

EPC: New EPC in process of preparation

LOCATION

The property occupies a prominent location on the southern side of Lumley Road, the prime retailing pitch in the popular Lincolnshire East Coast resort of Skegness.

Skegness is the largest and busiest of the resorts located on Lincolnshire’s East Coast, having a resident population of circa 20,000, increasing significantly during the busy Summer months from the influx of holiday makers into the town and surrounding area. Prior to Covid the town was regularly attracting over 4 million visitors a year generating close to £500 million for the local economy.

The large resort at Ingoldmells is located approximately 5 miles to the north, which is the location of some of the largest static caravan parks in Europe.  Other nearby resorts from which the town draws visitors include; Sutton on Sea, Chapel St Leonards and Mablethorpe. The much larger town of Grimsby is situated approximately 25 miles to the north, Lincoln approximately 50 miles to the west and Boston approximately 30 miles to the south west.

The character of the surrounding area is very much retail in nature, with a large number of national multiple retailers occupying nearby premises.  These include Boots, Specsavers, Poundland, WH Smith, Trespass, Savers, Heron and Holland & Barratt.  The covered shopping centre in the town centre is known as The Hildreds Centre, which is situated a short walk to the east and retailers within the Centre include Sports Direct and Home Bargains.

Services

We understand that all mains services are available and connected to the property.  These have not been tested and interested parties are  therefore advised to make their own investigations to the relevant utility providers.

Town & Country Planning

The property has a current planning consent for uses falling within Class E (Commercial, Business & Services Use) of the Town and Country Planning (Use Classes) Order 1987 (amended 2020).

Following changes to the Use Classes Order that came into effect on the 1st September 2020, Class E now encompasses a number of former uses including A1 (Shops), A2 (Professional & Financial Services), A3 (Restaurant & Cafés), B1 (Business) and D1 (Non Residential Institutions) and D2 (Assembly & Leisure).

The property is not Listed and nor is it located within a Conservation Area.

Tenure

The property is available To Let by way of an effective Full Repairing and Insuring lease for a term to be agreed.

Rent

£30,000 per annum exclusive, payable quarterly in advance.

VAT

VAT will be charged in addition to the rent at the prevailing rate.

Legal Costs

The ingoing tenant will be responsible for the Landlord’s reasonable legal costs.