£70,000

Property for sale

  1.  12, 14, & 16 Tennyson Road, Mablethorpe Ln12 1He
  2.  12, 14, & 16 Tennyson Road, Mablethorpe Ln12 1He
  3.  12, 14, & 16 Tennyson Road, Mablethorpe Ln12 1He
Auction

From

£70,000

Property for sale

Tennyson Road, Mablethorpe LN12

Local area information

Property location

Nearby amenities

  • Mablethorpe Primary Academy 0.4 miles
  • Sutton-on-Sea Community Primary School 2.5 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

  • To be offered on Wednesday 28th May
  • Freehold parade investment comprising 3 shops and two flats (sold off)
  • Located in the seaside resort town of Mablethorpe
  • Tenants include Nail Parlour, Taxi Service and Tatooist
  • VAT is not applicable
  • Investment let at £10,380 p.a. (14.82% giy on Guide Price)
Strapline

Auction Sale - 28/05/2025

Freehold Mixed-Use parade comprising three shops and two flats (sold off) all let off £10,380 per annum (reflecting 14.82% giy on Guide)

Description

The property comprises three ground floor retail units with two flats above which have been sold off on a long lease.

Location

Mablethorpe is a popular seaside town in the East Lindsey district of Lincolnshire, approximately 15 miles east of Louth and 40 miles east of Lincoln.

The property is located on the north side of Tennyson Road, with nearby occupiers including Greggs, The Original Factory and Heron Foods amongst others

Transport

Road - A16 linking Alford with Boston

Tenancy

Please see the below schedule of accommodation and tenancies

Total current rents £10,380 per annum.

Accommodation

Please see the below schedule of accommodation and tenancies

Total floor area: 142 sq m (1,528 sq ft)

More information

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  1. Zoopla
  2. Commercial for sale
  3. Lincolnshire
  4. Mablethorpe
  5. Tennyson Road