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109-111 Drummond Rd

688 SF 100% Leased Retail Building Skegness PE25 3EP $498,184 CAD ($724 CAD/SF)

Investment Highlights

  • Established Newsagent & General Store
  • Rear Store and yard
  • Good trading figures and potential for expansion
  • Adjoining retail shop lets as an investment
  • First and second floor 3 bed maisonette

Executive Summary

An opportunity to acquire this long established newsagent and general store with spacious first and second floor 3 bedroom maisonette. The property also includes a ground floor retail shop let on a commercial lease.

Attachments

Brochure

Property Facts

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
688 SF
Building Class
C
Year Built
1960
Price
$498,184 CAD
Price Per SF
$724 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
0.37
Lot Size
0.04 AC
Frontage
16 ft on Drummond Road

Nearby Major Retailers

SPAR
NatWest
Barclays Bank
Lloyds Bank
HSBC
Heron Foods
Iceland
Morrisons
Tesco Superstore
Lidl
  • Listing ID: 31780241

  • Date on Market: 2024-05-13

  • Last Updated:

  • Address: 109-111 Drummond Rd, Skegness PE25 3EP

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