Summary - 54, HIGH STREET PE25 3NW
1 bed 1 bath Retail Property (high street)
Spacious Victorian retail unit with kiosk and conversion potential on busy Skegness High Street.
Freehold sale with vacant possession
A substantial mid-terraced Victorian retail property on Skegness High Street, offered freehold with vacant possession. The ground floor provides a large shop area plus an adjoining self-contained kiosk and rear roller-shutter access — practical for retail, storage or service use. Total NIA is approximately 3,179 sq ft across three floors, giving scale uncommon on the high street.
Upper floors present clear potential for residential conversion (subject to planning and buyer's own checks), creating mixed-use income or value-add redevelopment opportunities. The building is VAT elected and has a current Rateable Value of £24,450, which investors should factor into holding costs.
There are material matters to note: the property is very old (pre-1900), with assumed solid brick walls and no built-in insulation, electric room heaters as the main heating, and some roof-related issues evident. The surrounding area is classed as very deprived with a high local crime level, which will affect tenant mixes and rental expectations. EPC rating C is reasonably efficient for its age, but any conversion or refurbishment will likely require further upgrades and planning consent.
High street retail property for sale in 36 High Street, Skegness, Lincolnshire, PE25 — £295,000 • 1 bed • 1 bath • 3923 ft²
High street retail property for sale in 120-122 Lumley Road, Skegness, Lincolnshire, PE25 — £385,000 • 1 bed • 1 bath • 3840 ft²
High street retail property for sale in High Street, Skegness, PE25 — £300,000 • 1 bed • 1 bath • 2646 ft²
High street retail property for sale in Lumley Road, Skegness, Lincolnshire, PE25 — £175,000 • 1 bed • 1 bath
Shop for sale in 59/61 Roman Bank, Skegness, PE25 — £135,000 • 1 bed • 1 bath • 2800 ft²
Restaurant for sale in Lumley Road, Skegness, PE25 — £500,000 • 1 bed • 1 bath • 1418 ft²
