*ONLINE Unconditional Auction Opening 13 April 2026*
To register for the legal pack and bidding, please visit our website: auctionhouse.co.uk/lincolnshire
Description
Situation
The seaside town of Skegness is located in the East Lindsey District of Lincolnshire approximately 43 miles to the east of Lincoln with a permanent population of around 20,000 residents. The town is well known for its tourist resort and links with neighbouring, Ingoldmells, having a seasonal tourist population in excess of 1.2 million visitors per year. Church Road North is located to the west of the town centre to the north of Lincoln Road in a residential area. The Church of St Clement is behind the property and Aldi with B&M are located of Burgh Road to the north-east.
Description
A wonderful opportunity to acquire this substantial and well positioned detached commercial property, currently let on a 10 year FRI lease, with guarantor in place at £17,500 per annum (£1458.33 pcm) with upward only rent reviews every 3 years.
Lease commenced November 2024 through until November 2034
Description
Ground Floor:
Entrance Hall
Room: 4.2m x 3.7m (15.6sqm) Excluding bay.
Room: 3.7m x 4.0m (15sqm) Excluding bay.
WCs
Office: 3.9m x 3.4m (13.6sqm)
WCs
Circulation Space:
Kitchen/Day Room: 5.7m x 3.0m (17.5sqm)
Meeting Hall: 12.1m x 3.8m (46.4sqm)
First Floor Landing:
Room: 5m x 3.7m (18.9sqm)
Staff Room: 3.0m x 3.7m (11.3sqm)
Office: 3.6m x4m (14.8sqm)
Second Floor Landing:
Room: 3.8m x 3.9m (15.3sqm)
Stock Room: 3.8m x 3.9m (15sqm)
Second Staircase
Staff Room
WCs
Music/Cloakroom: 4.0m x 2.5m (10.2sqm)
Classroom: 5.1m x 3.8m (19.5sqm)
Portacabin: 10.8m x 5.3m (55sqm)
Divided into 2 rooms, 2 sinks, 2 WC’s.
Timber Framed Building: 5.6m x 4.7m (27sqm)
Pre-school Area: 7.0m x 4.0m (28.2sqm)
Hall and Disabled WC: 4.0m x 2.0m (8sqm)
Schedule of Accommodation:
140 Church Road
North Total Floor Area: 353.9sqm (3,810sqft)
Portacabin: 55sqm (590sqft) Total: 408.9sqm (4,440sqft)
Site Area: 746sqm (0.18 acres)
Material Information
Tenure:
The property is freehold. All prospective bidders should satisfy themselves of the tenure by inspecting the legal pack.
Council:
The property falls within East Lindsey - Current rateable value (1 April 2023 to present) £11,750
Possession:
Subject to existing tenancy agreement.
Viewing:
Strictly by appointment with Auction House.
Services:
Prospective purchasers are advised to make their own enquiries of the relevant statutory authorities. NB: Services, Apparatus and Equipment have not been tested by Auction House and therefore cannot be verified as being in working order. The buyer is advised to obtain verification from their Solicitor/Surveyor.
These particulars are believed to be correct but their accuracy is not guaranteed and they do not form any part of any contract. Information relating to Rating and Town and Country Planning matters has been obtained by verbal enquiry only. Prospective purchasers are advised to make their own enquiries of the appropriate Authority. All measurements, areas and distances are approximate only. Potential purchasers are advised to check them.
Lot Type
Residential
Important Notice to Prospective Buyers
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Administration Charge
Non-refundable £3,600 inc VAT payable on the fall of the virtual gavel.
Disbursements
Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
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- Unconditional (Immediate Exchange)
Call the team on 01427 616436 for more information
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