Summary - CHINA ROSE RESTAURANT, HIGH STREET LN12 1AD
1 bed 1 bath Shop
**Standout Features:**
- Prominent multi-let retail/leisure investment in a bustling coastal resort
- Large total area of 10,935 square feet
- Previously a hotel, now featuring two restaurants, a public house, retail units, and an indoor market
- Includes three flats: manager's flat and two additional flats with Assured Shorthold Tenancies
- Excellent pedestrian traffic due to central High Street location, close to the seafront
- Freehold tenure offers secure investment opportunity
**Potential Concerns:**
- Area has high crime rates and notable deprivation
- Requires up-to-date renovation and maintenance assessment
This exceptional multi-let retail and leisure investment presents a unique opportunity in the heart of Mablethorpe's busy High Street. With a substantial 10,935 square feet, it features a diverse mix of commercial spaces, including restaurants and retail units, ensuring high visibility and foot traffic, perfect for maximizing rental income. The property not only includes thriving businesses but also three flats, making it an ideal prospect for investors seeking a balanced income stream.
While the location is promising, it’s important to note the increasing concerns around crime and deprivation in the area, which should drive due diligence before investment. The former hotel structure offers plenty of scope for renovations and future expansions, allowing you to tailor the investment to your vision. This versatile property is not likely to remain on the market for long—capitalize on the opportunity to invest in a key location that combines both commercial viability and residential potential.
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