Property description

A unique opportunity to acquire a popular restaurant situated in a prime trading location and having the benefit of the possibility of using the 1st & 2nd floor accommodation as a flat.


Skegness is a popular Lincolnshire coastal resort having a population of around 18,000, however, this is substantially increased in the summer months due to holiday makers and day visitors. Lumley Road is the prime shopping location in Skegness and leads from the promenade to Lumley Square. Major retailers include Argos, Boots, Dorothy Perkins, Edinburgh Woollen Mill and other national retailers and banks are available together with other local traders.

Tenure:
The property is held upon a 10 year lease on a full repairing and insuring basis with effect from 1st March 2012. The rent is £23,500 per annum exclusive.

Costs:
The ingoing tenant is responsible for the Landlords reasonable legal fees incurred in assignment of the lease.

References:
The usual bank and trader references may be required.

Viewing:
Viewing is strictly by appointment with the Skegness Office at the address shown below. View our properties online at: www.willsons-property.co.uk or www.rightmove.co.uk

Accounts:
Accounts may be made available to prospective purchasers who have viewed the premises.

Accommodation:

Restaurant - 41' 0'' x 15' 0'' (12.49m x 4.57m)
Being fully equipped with table and chairs, wall lights, feature brick wall, glass fronted display chiller.

Kitchen / Preparation Area
having stainless steel single drainer sink unit, worktop, tiled floor, dishwasher, toaster.

Kitchen - 12' 10'' x 14' 8'' (3.91m x 4.47m)
Having stainless steel single drainer sink unit, stainless steel twin fryer, commercial oven, commercial extractor fan, stainless steel preparation worktop, tiled floor, wash hand basin, Beko fridge freezer.

Cellar - 15' 3'' x 11' 3'' (4.64m x 3.43m)
Having tiled floor, freezer, wine storage racks.

First Floor Landing
having:

Lounge - 15' 5'' x 14' 1'' (4.70m x 4.29m)
Having electric storage heater, 2 Upvc double glazed windows.

Dining Room - 12' 7'' x 15' 5'' (3.83m x 4.70m)
Having tiled fireplace and hearth, built-in storage cupboard.

Kitchen - 8' 7'' x 10' 10'' (2.61m x 3.30m)
Having stainless steel sink unit, worktop with cupboards under, wall cupboards, built-in storage cupboard.

Landing
with doors off to:-

2 Separate Toilets

Second Floor Landing
having access to:-

Bedroom 1 - 15' 5'' x 11' 5'' (4.70m x 3.48m)
Having 2 Upvc double glazed windows, built-in storage cupboard.

Bedroom 2 - 12' 8'' x 8' 7'' (3.86m x 2.61m)
Having electric heater.

Bathroom
having separate shower, low level wc suite, pedestal wash hand basin, built-in airing cupboard with louvre doors.

Rateable Value:
£27,250

Business Rates Payable:
£13,134.50 pa.

Property Features :

• Restaurant for sale as going concern
• Prime town centre location
• Fitted catering kitchen
• Fully equipped as a going concern
• Capacity to use first & second floor flat