28 Scarbrough Avenue, Skegness, Lincolnshire PE25 2SY

For sale by Auction. Contact the auctioneers for further details.

A freehold guest house located along Scarborough Avenue, Skegness, offered with vacant possession upon completion.

The property benefits from planning consent for change of use, alterations and extensions to existing guest house to provide 8 no. self-contained holiday units including the erection of an outbuilding.

We have been advised some works have begun on part of the property but the owners are still operating two rooms on Air B&B.

More information available on the East Lindsey District Council Planning Portal S/153/01063/24.

The property is located on a sought-after residential avenue close to Skegness seafront, this property benefits from being within walking distance of the beach, promenade, town centre shopping, restaurants, and excellent local amenities. Skegness railway station is nearby, offering direct connections to the wider region. The property's central coastal setting provides the perfect balance of seaside living and everyday convenience, making it an excellent choice for families, retirees, holidaymakers, and investors alike. Note Please be advised that the auctioneers have not personally inspected the property. Prospective buyers are advised to make a viewing enquiry and any other necessary independent enquiries before placing their bid, as this will be binding. Tenure: Freehold EPC Rating: D Terms: Auction Details

The sale of this property will take place on the stated date by way of Live streamed auction and is being sold under the Unconditional sale type.

Binding contracts will be exchanged at the point of sale.

All sales are subject to our Common Auction Conditions and Bidder Terms. Properties located in Scotland and Northern Ireland will be subject to applicable local laws.

Auction Deposit and Fees

The following deposits and non-refundable auctioneers fees apply, and are payable immediately upon exchange of contracts:

• 10% deposit (subject to a minimum of £5,000)

• Buyer’s Fee of 1.8% of the purchase price (subject to a minimum of £4,000 inc. VAT)

There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.

Additional Information

For full details about our auction processes, please refer to the Bidder Terms which can be viewed on our home page.

This explains the types of auction and sale methods we offer, the bidding registration process, your payment obligations, and how to view the Legal Pack (and any applicable home report for residential Scottish properties).

Guide Price & Reserve Price

Each property sold is subject to a Reserve Price. The Reserve Price will be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.