Summary - 10 SAXBY AVENUE SKEGNESS PE25 3JZ
8 bed 1 bath Hotel
Prime walking distance to town, beach and station for holiday trading.
Eight en-suite letting rooms, including three ground-floor wet rooms
A substantial eight-bedroom guest house in the heart of Skegness, offered freehold and going to auction. The property benefits from all rooms having en-suite facilities, a recently refitted kitchen, owners’ accommodation and off-street parking for up to five cars — practical features for continued trading or short‑stay holiday lets. Solar panels and an EPC rating of C help reduce running costs, while gas central heating and PVC double glazing provide straightforward, familiar services.
The layout includes a guest lounge, large dining room, utility, stores and a useful linen room, plus two-bedroom owners’ accommodation with its own bathroom and lounge. Several ground-floor rooms have wet rooms, improving accessibility and broadening market appeal. At about 2,281 sq ft on a decent plot, the building’s mid-20th-century form offers clear scope for cosmetic updating or reconfiguration to increase yield.
Buyers should be aware this sale is by auction with a binding contract on fall of the hammer, a 5% deposit and a non-refundable buyer’s fee. The property sits in a very deprived area with above-average local crime — important factors for both operators and investors to weigh when forecasting occupancy and insurance costs. Prospective purchasers are advised to view and review the legal pack and make independent enquiries before bidding.
This is a trade-ready guest house in a prime walking location — town centre, seafront and transport links are nearby — suitable for an experienced operator, holiday-let investor or buyer seeking a refurbishment/modernisation project to add value.
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