Drapers Warehouse, Prince George Street, Skegness, Lincolnshire
MC

Drapers Warehouse, Prince George Street, Skegness, Lincolnshire

By McHugh & Co

£ 50,000

McHugh & Co says ..

<p>TO BE SOLD BY ONLINE AUCTION AS LOT 166 ON TUESDAY 15 FEB 2022 - Freehold Vacant Building with Development Potential</p><p></p><div><br /><p><strong><span style="color:#ff0000">In Same Family Ownership for Approximately 70 Years</span><br /><br /><br /><br />East Lindsey District Council</strong><br /><br /><br /><br />Situated off Roman Bank, close to the shopping/travelling facilities available in Skegness Town Centre including Skegness Train Station. Tower Gardens and Skegness Beach are also nearby.</p><br /><p>A <strong>Substantial End of Terrace Building</strong> requiring modernisation arranged over <strong>Two Floors</strong> with development potential subject to necessary planning consents being obtained.</p><br /><p><strong>Vacant Possession </strong></p><br /><p><strong>Inspection:</strong> By arrangement with the Auctioneers<br /><br /><br /><br /></p><br /><p></p><br /><p></p><br /></div>

Bedrooms
0
Bathrooms
0

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
106,875.00 £
Decreased by 56.21 %
from 244,045.00 £
Average area rental value
993.00 £/mo
Increased by 57.37 %
from 631.00 £/mo
Est rental Yield
11.15 %
Increased by 259.68 %
from 3.10 %
Crime Rate
68.00 %
Unchanged by 0.00 %
from 68.00 %

Agent Activity

  • McHugh & Co created the listing.

Nearby Schools

NameTypeOfstedDistance
Skegness Infant AcademyAcademy ConverterGood0.55 KM
Skegness Junior AcademyAcademy Sponsor LedGood0.59 KM
The Richmond School, SkegnessCommunity SchoolRequires improvement0.67 KM
Skegness Grammar SchoolAcademy ConverterGood0.76 KM
Skegness AcademyAcademy Sponsor LedRequires improvement1.20 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Briar Close £ 000.00 KM
Beresford Close £ 130,00000.00 KM
Beresford Crescent £ 000.00 KM
Scrimshaw Court £ 000.00 KM
Grand Parade £ 142,50000.00 KM

Nearby Transport

NameNLCTLCDistance
Skegness6265SKG0.44 KM
Havenhouse6260HVN7.90 KM

Nearby Listings

AddressPriceTypeScoreDistance
Prince George Street, Skegness £ 40,000BUYUnknown0.00 KM
– 34 Prince George Street, Skegness, PE25 2BD £ 110,000BUY3 / 100.02 KM
Algitha Road, Skegness £ 300,000BUY5 / 100.06 KM
Algitha Road, Skegness, PE25 £ 159,950BUY7 / 100.06 KM
Ida Road, Skegness, PE25 £ 230,000BUY7 / 100.14 KM

Nearby Properties

AddressPriceDistance
14 Algitha Road £ 150,0000.06 KM
26 Algitha Road £ 46,7860.06 KM
22 Algitha Road £ 148,0000.06 KM
28b Algitha Road £ 138,0000.09 KM
28a Algitha Road £ 135,0000.09 KM