Summary - 10 SOUTH PARADE SKEGNESS PE25 3HW
10 bed 11 bath Guest House
Freehold trading business with owners’ flat and clear scope for value improvements.
- Seafront position with sea and foreshore views
- Nine en‑suite letting rooms plus guest dining room
- Owners’ two‑bedroom flat occupies whole ground floor
- Two recently refitted kitchens and useful rear yard
- Frontage off‑street parking for guests and deliveries
- EPC rating D; cavity walls likely without insulation
- Located in very deprived area with very high crime rates
- Small plot size; multi‑storey Victorian mid‑terrace layout
A rare freehold seafront guest house with uninterrupted sea and foreshore views, presented as a trading business with private owners’ accommodation on the ground floor. Nine en‑suite letting rooms, a guest dining room and two re‑fitted kitchens support continuing holiday trade; PVC double glazing and gas central heating are already in place.
The layout is practical for an owner-operator: the whole of the ground floor forms a private two‑bedroom flat with lounge, sitting room, refitted kitchen, utility and ample storage. Frontage off‑street parking and a usable rear yard add operational convenience for deliveries and guest storage. The property totals approximately 3,202 sq.ft over multiple storeys in a Victorian stone‑façade mid‑terrace.
Buyers should note material commercial and location factors plainly. The building holds an EPC rating D and cavity walls likely lack added insulation; further energy upgrades may be required. The immediate area is classified as very deprived with very high crime rates and a transitional neighbourhood profile, which will shape guest demographics and may affect yields and insurance costs.
This opportunity suits a hospitality investor or hands‑on operator seeking a seafront trading business with immediate income potential and scope for value‑adding improvements (energy upgrades, marketing reposition, refurbishment). The freehold sale excludes ongoing tenancy encumbrances and offers a straightforward footprint for continued operation or conversion with the appropriate consents.
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