Summary - Flat, 90-94 Lumley Road, SKEGNESS PE25 3ND
1 bed 1 bath Restaurant
**Standout Features:**
- Prime corner location in Skegness, just a short walk from the beachfront.
- Successful bakery and coffee shop with a well-established clientele of over 30 years.
- Spacious interior accommodating up to 40 covers, plus outdoor seating for an additional 50 patrons.
- Freehold premises with a total area of 1,900 square feet—ideal for diverse business ventures.
- Competitive rent at £45,000 per annum.
- Strong potential for further growth and renovation opportunities.
**Summary:**
Discover a rare investment opportunity at this thriving retail bakery and coffee shop located in the bustling seaside town of Skegness, just steps from the beach. With a successful track record stretching over three decades, this business features a spacious layout capable of accommodating 40 indoor dining covers and an attractive outdoor seating area for 50, perfect for enjoying the coastal ambiance.
The Tudor Revival building offers a striking commercial presence in a vibrant pedestrian zone, making it ideal for attracting both locals and tourists. The property benefits from fast broadband and excellent mobile connectivity, enhancing operational efficiency. While situated in a transitional neighborhood classified as having very high crime rates and areas of deprivation, the favorable current rent and unique location provide strong potential for future growth or expansions.
Don't miss your chance to step into a dynamic business environment with established goodwill and numerous possibilities for enhancements. With a realistic asking price of £575,000, this is a compelling opportunity for first-time buyers, investors, or those looking to expand their portfolio. Act fast—opportunities like this don’t last long!
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