Summary - The Flat, Mint Arcarde, Sea Lane, Ingoldmells, SKEGNESS PE25 1PG
1 bed 1 bath Retail Property (high street)
Seafront unit with upper flat and strong tourist footfall.
- Prominent shopfront on the main promenade, very high footfall
- Ground-floor retail approx. 2,890 sq ft; total approx. 4,090 sq ft
- Upper three-bedroom flat with master ensuite; potential rental income
- Freehold, vacant possession; chain free
- Medium flooding risk; flood resilience likely needed
- Very high local crime and very deprived area — security concerns
- Older construction: electric storage heaters, pre-2002 glazing
- Likely insulation and refurbishment required to improve EPC
A substantial freehold shop with an upper flat on Sea Lane, directly adjacent to Fantasy Island Market and the promenade. The ground-floor retail area totals about 2,890 sq ft with prominent shopfront visibility and very high pedestrian traffic, while the upper accommodation provides spacious living for owner-operators or rental income.
Positioned in a busy seaside arcade, the property suits hospitality or leisure operators seeking tourist footfall and strong seasonal trading. The total area across both floors is approximately 4,090 sq ft, offering scope for a single large tenant or multiple trading zones and back-of-house facilities.
There are material issues to note: the area records very high crime levels and is classed as very deprived, and the site has a medium flooding risk. The building dates from the late 1960s–1970s, has electric storage heating, older double glazing, and cavity walls likely without added insulation — all factors that may require retrofit and ongoing running-cost consideration.
Sold freehold with vacant possession, the unit returns value through location and size but will suit buyers prepared to invest in refurbishment, security measures and flood mitigation to unlock full potential.
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