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4 bedroom block of apartments for sale
Algitha Road, SKEGNESS
£250,000
Algitha Road, SKEGNESS
£250,000
Our Summary
- SUMMARYAUCTION SALE 24 June 2025 - • Split commercial/residential property• 13: Commercial to the ground floor and a 3 bed flat to the first floor (with parking)• 15 Commercial to the ground floor and residential living on 1st & 2nd floors (with parking)• Commercial: vacantDESCRIPTIONGUIDE PRICE: £250,000AUCTION DATE: TUESDAY 24th JUNE 2025BIDDER REGISTRATION: BY 2pm MONDAY 23rd JUNE 2025WHERE TO BID: Please ensure you are registered to bid on the Barnard Marcus Auctions website
- There is scope to convert the ground floor accommodation to residential living accommodation, subject to necessary permissions and consents
- By arrangement with the auctioneers - please see important advice for viewers on page 19 of this catalogueFOR SALE VIA THE MIDLANDS AUCTION CENTRE IN ASSOCIATION WITH BARNARD MARCUS AUCTIONS TUESDAY 24TH JUNE 2025 AT 9
- AUCTION SALE
Description
This split commercial/residential property is located in Skegness, close to amenities and the seafront. The commercial part of the building is currently vacant, while the 3-bedroom flat on the first floor is tenanted and generating £650 per month. The 2 flats in No. 15 are also tenanted, with one achieving £475 per month and the other £299 per month. There is potential to convert the ground floor commercial space to residential living, subject to necessary permissions. The property has parking and is well-located for local businesses and tourists, with a range of amenities nearby. The occupancy is correct at the time of marketing, and further information is available in the legal pack.