LN12 Book In Hand, High Street, Mablethorpe

The property comprises a prominently situated multi-let retail/leisure investment, with three flats also included within the demise.

The property was formerly built as a hotel, having been repurposed and extended to provide a mix of accommodation, including two restaurants, a public house, various retail units and an indoor market.

The three flats comprise the manager's flat for the public house and two separate units, which are also let by way of Assured Shorthold Tenancies.

The property abuts the High Street to the front, a short walk from the seafront.

Mablethorpe is a popular coastal resort in East Lincolnshire, located between the larger resorts of Skegness, 13 miles to the south, and Cleethorpes, 20 miles to the north.

The town benefits from a Blue Flag award winning beach, alongside a Seal Sanctuary, Aqua Park and other high quality leisure provisions including a brand new leisure centre which is set to open this summer.

Mablethorpe's attractions have encouraged a vibrant staycation market, with over 10 established caravan parks, located in and around the town, alongside a number of guest houses, chalet providers and campsites. Notably, Mablethorpe is home to Haven Sands Golden Sands resort, one of the company's largest UK holiday park locations, which was fully refurbished in 2020, in order to benefit from the booming UK based holidaymaking.

The subject property enjoys a prominent location towards the eastern end of Mablethorpe High Street, close to the seafront attractions.

Rental Income £79,900 pa