AVERAGE GROSS INCOME £90,000-£100,000 (accounts available to genuinely interested parties on request)

An excellent opportunity to acquire a profitable investment property comprising 7 self contained holiday flats and a café/tea room with large garden, outdoor seating pods and parking.
The property is situated close to the seafront with sea views in the ever popular and bustling seaside town of Skegness in Lincolnshire.

AS OF AUGUST 2024: The first and second floor flats (5 in total) have planning permission for full residential usage and can be let under long term tenancy agreements. For full details please see East Lindsey District Council planning; REF: S/153/00874/24

The 7 apartments are laid out over three floors offering 1, 2 & 3 bedroom accommodation options. The ground floor apartments have wheelchair access.
Until recently the café/tea room was let under a separate long term tenancy. The cafe traded very successfully all year round and has only ceased trading due to retirement.

Flats A-E - EPC E
Flat F+G - EPC F
Tearoom - EPC D