Guide price
£90,000
Retail premises for saleThe Viking School, 140 Church Road North, Skegness PE25
Just added
Auction
Freehold
About this property
Lot 112 **for sale by online auction** on 30th June 2026
Freehold Investment Substantial Detached School Building and Portacabin
Situated off Lincoln Road, in a central position close to the amenities available in Skegness Town Centre and travelling facilities including Skegness Train Station. Skegness Beach is also nearby.
A Substantial Detached School Building and Portacabin on a site area of approximately 0.18 Acres with accommodation arranged on Four Floors comprising:
Top Floor
Staff Room
WC
Music/Cloakroom
Classroom
Second Floor
Two Rooms
First Floor
Two Rooms
Office
Ground Floor
Entrance Hall
Two Rooms
Two WC's
Office
Kitchen/Day Room
Meeting Hall
Portacabin
Two Rooms
Two Sinks
Two WC's
Pre-School Area
Hall and Disabled WC
Let on a 10 year Fri lease commencing November 2024 at £1458.33 per calendar month with upward only rent reviews every 3 years. (We have been advised that a guarantor is in place).
Producing £17,500 per annum
Inspection:
By arrangement with the Auctioneers
EPC Rating
D
*Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide. Guide prices will be continually updated on our website up until the day of the auction.
There is a buyers fee payable to McHugh & Co of £1,200 incl. VAT for lots sold over £10,000. Lots sold for less than £10,000 a buyers fee of £300 incl. VAT is to be paid to McHugh & Co.
The seller may charge additional fees payable upon completion. If applicable, such fees are detailed within the special conditions of sale available in the legal documentation. Buyers are deemed to bid in full knowledge of this.
Freehold Investment Substantial Detached School Building and Portacabin
Situated off Lincoln Road, in a central position close to the amenities available in Skegness Town Centre and travelling facilities including Skegness Train Station. Skegness Beach is also nearby.
A Substantial Detached School Building and Portacabin on a site area of approximately 0.18 Acres with accommodation arranged on Four Floors comprising:
Top Floor
Staff Room
WC
Music/Cloakroom
Classroom
Second Floor
Two Rooms
First Floor
Two Rooms
Office
Ground Floor
Entrance Hall
Two Rooms
Two WC's
Office
Kitchen/Day Room
Meeting Hall
Portacabin
Two Rooms
Two Sinks
Two WC's
Pre-School Area
Hall and Disabled WC
Let on a 10 year Fri lease commencing November 2024 at £1458.33 per calendar month with upward only rent reviews every 3 years. (We have been advised that a guarantor is in place).
Producing £17,500 per annum
Inspection:
By arrangement with the Auctioneers
EPC Rating
D
*Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide. Guide prices will be continually updated on our website up until the day of the auction.
There is a buyers fee payable to McHugh & Co of £1,200 incl. VAT for lots sold over £10,000. Lots sold for less than £10,000 a buyers fee of £300 incl. VAT is to be paid to McHugh & Co.
The seller may charge additional fees payable upon completion. If applicable, such fees are detailed within the special conditions of sale available in the legal documentation. Buyers are deemed to bid in full knowledge of this.
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Monthly repayment
£450 per month
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