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INGOLDMELLS Sea Lane • Lincolnshire PE25 1NU

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INGOLDMELLS Sea Lane • Lincolnshire PE25 1NU UNIT 1/3 INGOLDMELLS Sea Lane • Lincolnshire PE25 1NU WELL SECURED RETAIL INVESTMENT LET TO HERON FOODS AND POUNDLAND FOR 10 YEARS INVESTMENT SUMMARY • Both units let on 10 year leases. • Undoubted covenants of Heron Foods Ltd & Poundland Ltd. • Both retailers trading very well since opening. • Modern well proportioned units with rear servicing and car parking. • Site of approximately 0.75 acre. Our client is seeking offers in the region of £1.59 million (One Million Five Hundred & Ninety Thousand Pounds) reflecting a net initial yield of 8% and a low freehold capital value of £39.50 psf overall GIA, assuming costs of 6.8%. Subject to Contact. 2 A 9 A882 (A9) ( A895) A9 A99 STORNOWAY A9 A9 A835 Fraserburgh (A92) Elgin A98 A90 BENBECULA A87 A9 (A856) A96 A941 INVERNESS Peterhead Inverness 2) 95 (A A90 2 A9 5 A8 A9 A96 (A850) A87 A87 ABERDEEN A887 A9 Aberdeen BARRA A8 7 A93 A93 0 A9 6 A8 A830 A82 2 Fort William A9 A9 A9 3 0 A9 Montrose A8 2 Forfar 0 A9 Arbroath A92 Dundee A90 DUNDEE A85 A85 Perth 11 10 A92 9 (A914) A91 St Andrews A84 A9 A91 8 7 6 11 Glenrothes A A91 82 Buckhaven 3 5 A8 10 A977 Alloa 4 A92 Kirkcaldy A811 Stirling 8 Cowdenbeath Dunfermline 3 3 A985 Helensburgh 8 7 2 2 Grangemouth 1 5 6 Bo'ness Alexandria 5 Dunoon Gourock 4 Falkirk 4 3 Dumbarton 2 A1 80 A Cumbernauld Greenock 1 EDINBURGH Port Kirkintilloch EDINBURGH 31 1 Glasgow 1 Clydebank 3 2 Musselburgh 30 3 3 Livingston Dalkeith GLASGOW 26 A78 15 11 29 27 25 Airdrie 4 Johnstone 24 20 GLASGOW 5 Bonnyrigg 1 6 Paisley A8 A71 A68 5 Hamilton Motherwell A702 6 A7 East Kilbride A703 3 A7 Berwick-upon-Tweed Larkhall 7 A77 Carluke 83 A737 A 8 A697 Kilwinning Ardrossan A721 9 Kilmarnock 10 Irvine A72 Galashiels A1 A71 A71 11 A7 12 8 02 A7 Troon A76 PRESTWICK Prestwick 13 Ayr 14 A70 A68 7 14 A7 A697 A74 A7 A1 A1068 A77 16 01 A7 ASHINGTON A76 Morpeth 17 A696 18 Blyth A68 A1 Dumfries A19 19 NEWCASTLE 20 Ponteland Whitley Bay Gosforth Tynemouth A75 South Shields A69 A69 NEWCASTLE UPON TYNE CARLISLE Gateshead Jarrow A689 Stranraer A75 44 A68 A75 A1 SUNDERLAND 43 Carlisle A963 65 Washington 692 Consett A 64 42 Stanley 63 Houghton le Spring A691 A19 A596 Durham 62 Brandon Peterlee A167 61 41 A68 Hartlepool A66 Spennymoor Workington Penrith 40 Bishop Auckland A689 A19 A689 Appleby-in- Redcar Westmorland Middlesbrough Whitehaven 8 A68 Darlington TEESSIDE Whitby A A6 59 6 1 A19 A595 A685 2 A17 A171 Northallerton Kendal A1 Scarborough A170 0 59 A A170 Ulverston A165 A590 A65 68 A1 A1 Ripon 9 Barrow-in-Furness A64 Bridlington Morecambe 6) A683 A61 (A16 Heysham 5 Lancaster 6 A614 1 A Knaresborough A166 A65 A59 A59 2 Harrogate 8 Skipton A6 York Fleetwood Ilkley A 59 A614 A61 A64 (A163) A65 5 A6068 Keighley A103 Colne LEEDS & 58 Tadcaster A19 A A Clitheroe BRADFORD A 165 585 A650 Bingley A1(M) A1079 Beverley Nelson Blackpool A59 LEEDS 4 Selby A614 6 Padiham M621 Garforth 1 BRADFORD A Burnley A63 LOCATION Preston A63 Hull A1 A 10 M62 Blackburn 4 Halifax 1 A63 Lytham St Anne's 9 TodmordenA646 Castleford A645 LeylandA5 Batley Goole Darwen Brighouse Ingoldmells is a popular and attractive coastal village located on the A52 M62 A1 A58 Dewsbury Pontefract 5 Southport Wakefield M18 along the Lincolnshire coast, 3 miles north of Skegness. It is renowned A Chorley 570 Huddersfield 59 M62 A6 A Standish Bury 38 Thorne Scunthorpe Immingham for being the home of Butlins and Fantasy Island, two of the East Midlands A62 A61 565 Ormskirk Bolton Hemsworth A 58 M180 Formby Skelmersdale A M1 Doncaster M180 Grimsby most popular UK tourist and holiday locations. It is an attractive and A58 Barnsley Wigan popular tourist destination with extensive beaches running from Chapel A628 A61 Kirkby 6 A46 Saint Leonards to Skegness. MANCHEMANCHMANCHESTERESTERTER Stocksbridge A159 A A16 1 LIVERPOOL Glossop A631 5 Rotherham A1(M) A631 1 A57(M) 2 Gainsborough Louth The village has a resident population of just over 3000 but these 3 Holyhead Prestatyn Bebington MANCHESTER SHEFFIELD 4 A41 6 numbers are swelled substantially by the presence of over 3500 fixed Llandudno Rhyl 10 A4 Colwyn Bay M1 Retford 5 A156 A1 Conwy 8 A1 6 caravans located on sites around the village and along the coast together 9 A Abergele Ellesmere A 158 A5 A5 10 57 5 Flint Port Buxton with facilities for over 1000 camping pitches within a 3 mile radius. 16 Chesterfield BangorA55 Macclesfield Lincoln Ingoldmells 12 A470 Horncastle A15 Skegness A Chester 8 5 Mansfield These together with Fantasy Island and Butlins attract over 2 million A55 494 Matlock tourists, visitors and short term residents each year. A Crewe Leek A1 52 Newark- A1 5 A A483 on-Trent 7 A 5 Nantwich STOKE-ON-TRENT A470 Ashbourne A46 A17 Boston Newcastle- A1121 A487 Under-Lyme NOTTINGHAM A1 A52 A5 A52 A16 A148 A Uttoxeter 52 5 A A470 Grantham A494 A17 DERBY A15 Oswestry A607 A148 EAST A151 MIDLANDS Spalding Sta d SITUATION King's A140 A17 A Lynn 5 A470 A1101 Newport A42 A47 East A607 A606 A The property occupies a prominent A1 A16 Dereham 458 A1065 NORWICH A4 A5 0 7 A16 A47 Cannock Stamford A1 A458 and busy trading location in the Wisbech Norwich Swa m Great Yarmouth A606 Downham A1139 A1122Market centre of Ingoldmells which links the A146 A487 LEICESTER A47 A483 6003 A470 A47 A A47 Peterborough WOLVERHAMPTON attractive village of Addlethorpe through 3 March A143 A4 A11 A6 A489 to the coast. It is located opposite A134 Lowestoft 0 Tesco together with a variety of Marbars,ket A1 A140 A605 41 1 43 Harborough Corby A A1 A470 BIRMINGHAM A6116 A487 BIRMINGHAM restaurants, convenience stores and 5 Thetford A44 116 A1066 A Aberystwyth A1 Ely A483 ample car parking facilities. Kettering A142 A A11 COVENTRY 508 A43 A Huntingdon Mildenhall A143 470 Stourport- A14 A45 on-Severn Bromsgrove A448 St Ives A10 A44 Leamington A14 9 Wellingborough Rushden Warwick Spa A14 A12 Redditch A140 A6 A441 A435 4 A1 Newmarket 15 14 Northampton A44 Droitwich 13 Daventry A45 A428 14 Bury 3 St Neots 13 St Edmunds 8 A 44 A428 Cambridge A4 6 12 Stowmarket A442 A4 6 A 3 12 15 Worcester 14 Stratford 29 A43 A428 11 7 A11 A134 A4 A487 upon Avon 9 Bedford A4112 A4103 0 5 A A47 A 50 0 A5 1 10 438 A46 8 A A483 0 A A43 Great Newport Biggleswade Haverhill Ipswich 8 A44 Banbury A6 Malvern Pagnell A505 9 A438 11 Sudbury 14 A1 A43 Milton A1 Royston A134 4 Hereford 8 A42 A421 Sa A44 13 5 A12 1 2 Keynes 50 Walden 10 A A46 Letchworth A131 Felixstowe A470 2 9 A 65 3 4 A479 A4 Tewkesbury 9 Harwich 0 A4 12 Hitchin 10 Leighton A5 A120 A44 8 A120 0 Buzzard A49 4 3 10 Braintree A4 A40 Luton Stevenage STANSTED GLOUCESTERSHIRE Cheltenham 7 Colchester Carmarthen Dunstable 11 A60 A133 A40 11 Bicester 2 8 A4 Bishop's A120 A40 9 1 10 A A483 10 48 A 34 A 40 A LUTON Welwyn Stortford A13 131 A40 A40 A470 A40 A GLOUCESTER A436 6Garden 0 Abergavenny Aylesbury 9 City Ware Witham A12 Clacton-on-Sea A417 9 Kidlington 5 42 Witney Tring Hertford 4076 A Hemel A Ammanford 12 St Milford A465 A40 A41 4 Harlow A477 A40 Hempstead Merthyr A4042 Oxford 8 Albans Hatfield Maldon Haven A413 3 Chelmsford 49 Tydfil 8 13 A40 Hoddesdon7 Berkhamsted 7 A478 A4 1 2 A465 Stroud 8 A418 Thame A414 48 A419 7 A 22 Aberdare A449 Cirencester 4 A477 0 20 1 0 Amersham Pontypool 24 25 26 A12 A130 47 46 45 19 Pembroke Llanelli A420 5 44 Abingdon High Watford Swansea 43 Neath Cwmbran 6 18 Barnet Enfield 5 5 Wycombe 4 Chigwell 42 Chepstow 17 A10 14 A419 28 Rayleigh 41 2 Didcot Beaconsfield A12 Brentwood 4 2 A127 40 25 A433 3 A406 4 Pontypridd A470 26 24 1 2 29 39 27 23 Marlow A127 Basildon 1 A41 Southend-on-Sea Caerphilly 28 21 A4 Harrow 38 Newport 22 1 0 9 A13 29 2 Swindon Uxbridge A406 CITY 30 16 Henley- Maidenhead A 36 16 A4 13 Canvey Island 37 32 17 15 on-Thames Slough 35 LONDON 30 34 33 19 17 7 6 18 A346 34 4 2 1 Woolwich 31 Porthcawl Bridgend 1 18 A 3 Tilbury CARDIFF 19 2 Windsor A4 Sheerness 14 3 Chippenham Reading Richmond A205 Dartford Gravesend 14 13 HEATHROW A2 Margate 13 0 A2 2 Clevedon 20 A4 A 12 10 A2 Rochester Herne 350 Bracknell 1 Kingston 6 Staines Swanley 1 Bay 11 upon Thames A28 Barry A4 2 Gillingham 38 Newbury A BRIST37 OL A299 A 11 A232 Chatham Whitstable Melksham Sutton Sittingbourne A253 Ramsgate Croydon 4 4 Weston- 21 Bath 3 3 5 Faversham A28 BRISTOL Devizes 34 Camberley Epsom super-Mare A3 A 2 33 A22 4 A249 6 7 6 10 4 3 A A 4 Woking 9 5 6 Canterbury 338 A23 A2 Trowbridge A339 A2 7 9 5 Leatherhead 7 3 Sevenoaks A228 8 A A2 A361 5 6 Maidstone Basingstoke 8 A21 Deal 6 Aldershot 6 6 Dorking A2 5 22 Redhill Oxted 2 Ilfracombe Burnham-on-Sea Frome Reigate A28 A 7 Guildford Tonbridge Farnham A22 A31 A229 Minehead A361 Andover A24 A2 8 9 CHANNEL Hinkley Warminster Godalming TUNNEL A GATWICK Ashford TERMINAL Dover Point 36 303 9 East 10 A A303 Alton Tunbridge Wells A20 23 361 Grinstead A 8 A264 70 10 A39 33 A Crawley A21 13 A 34 11 12 A20 7 3 1 Folkestone Barnstaple A A3 A264 24 3 Haslemere 11 Hythe A A26 9 Horsham A22 BRIDGWATER A259 03 Salisbury 3 350 Winchester Crowborough A A 10 11 Haywards Bideford A TAUNTON 25 36 Heath A A354 Romsey A272 361 A 12 39 358 Petersfield A23 Uckfield A 303 13 26 A 8 14 Eastleigh A21 Lydd/Ashford A 33 4 30 A 4 4 88 Yeovil 2 3 5 6 A A2 2 A22 3 A259 86 A 27 7 A 377 1 1 A303 A28 SOUTHAMPTO8 N 3 A27Lewes Hastings A31 9 3 HailshamA259 10 HavantA27 11 Chichester A27 SHOREHAM Brighton A27 Bexhill- 28 30 Hythe 5 A Ringwood 12 A31 Fawley Fareham 12 Littlehampton on-Sea A Hove A A22 37 354 350 A Worthing Newhaven 8 338 Gosport A A30 34 Seaford Eastbourne A New Milton Lymington Portsmouth Bognor A31 A35 Regis 29 A35 Bridport Christchurch Cowes Ryde Exeter Poole 30 Dorchester Sidmouth Bournemouth Newport A A30 31 395 A 37 6 0 Sandown 8 A39 A3 Exmouth Shanklin A388 Dawlish Weymouth A30 38 Teignmouth A Newton Abbot Bodmin A38 386 Newquay A Torquay A392 A385 Paignton A30 1 Saltash PLYMOUTH A39 Plympton Brixham St Austell Torpoint 0 Fowey 39 Truro A A30 St Ives Redruth Camborne 39 A Penzance A394 Helston Falmouth TENURE Freehold.
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