Roman Bank


For Sale £315,000


Key Features

  • Attractive Mixed Residential & Commercial Investment Property
  • Currently producing £33,420 per annum
  • Office premises let to Sequence (UK) Ltd t/a William H Brown Estate Agents
  • 3 self-contained flats all let on ASTs
  • Excellent town centre location
  • Freehold

This Freehold Estate Agents and Residential Investments is found in the principal Lincolnshire coastal resort of Skegness and benefits from vehicular parking to the rear.


Skegness is the principal Lincolnshire coastal resort with a resident population of around 20,000 persons, increasing substantially in the summer months with the influx of holiday makers and day visitors. It lies some 40 miles east and south of Lincoln and Grimsby respectively, with main communication links via the A52 and A158 roads as well as a regional rail service to Grantham and Nottingham.

20 Roman Bank has a prominent position close to the main shopping street of Lumley Road on the east side of Roman Bank opposite the Lincoln Road junction.


A substantial building with 3 floors of accommodation comprising;
Ground Floor – Sequence (UK) Ltd t/a W H Brown Estate Agents
First Floor – 2 Flats
Second Floor – 1 Flat

The flats are approached from the rear, accessed off Algitha Road.


20 Roman Bank
Ground Floor Accommodation let to Sequence (UK) Limited trading as William H Brown Estate Agents at a rental of £16,500 per annum exclusive for 5 years from 1st November 2021. No rent review or break clause. Tenants Covenants to repair and keep in repair the premises.

Flat 20A Roman Bank
First Floor 1 Bedroom Flat let at £440 pcm exclusive.

Flat 20B Roman Bank
First Floor 2 Bedroom Flat let at £495 pcm exclusive.

Flat 20C Roman Bank
Second Floor 2 Bedroom Flat let at £475 pcm exclusive.

Copies of lease and agreements are held by the managing agents.


Council Tax Bands
Flat 20A – A
Flat 20B – A
Flat 20C – A

Enquiry of the VOA website indicates:-
Description – Shop and premises
Rateable Value – £20,750
Rating Authority – East Lindsey District Council.




Please note, all prices quoted may be subject to VAT unless stated otherwise.


Strictly by appointment with the sole agents, TES Property.


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6-8, Cornmarket, Louth, Lincolnshire LN11 9PY