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22-26 Roman Bank 4,041 SF Retail Building Skegness PE25 2SG $366,408 ($90.67/SF) 5.45% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Comprising three adjoining ground floor shop units each of which has a self-contained flat above
  • Situated 200m from Skegness Rail Station
  • Let on three separate ground leases each for a term of 124 years
  • Well located in a popular seaside resort town on the East Lincolnshire Coast

EXECUTIVE SUMMARY

Lot 132 is available for sale at an Allsop online auction to be held on Tuesday 30th September 2025.
The property comprises an investment opportunity for sale.
The asking price is £275,000 - £300,000, representing a gross initial yield of 5.45%.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
4,041 SF
Year Built
1980
Price
$366,408
Price Per SF
$90.67
Cap Rate
5.45%
NOI
$19,969
Tenancy
Single
Building Height
1 Story
Building FAR
0.83
Lot Size
0.11 AC
Frontage
159’ on Roman Bank

AMENITIES

  • Signage
  • Storage Space
  • Smoke Detector

NEARBY MAJOR RETAILERS

Heron Foods
Iceland
Barclays
Lloyds Bank
HSBC
Tesco Superstore
Lidl
Morrisons
NatWest
ASDA
  • Listing ID: 37736098

  • Date on Market: 9/19/2025

  • Last Updated:

  • Address: 22-26 Roman Bank, Skegness PE25 2SG

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