The Linroy Guest House, an established guest house that had been under the same ownership since 2005, has been sold through licensed property specialists Sidney Phillips.
Located on Lumley Avenue just off the Skegness seafront, this eight-bedroom guest house benefits from a residents lounge and dining room, a front trade patio, and a rear car park with space for three vehicles.
The property operates as an East Lincolnshire Rest Assured 4 Star Guesthouse, offering six modern and attractive guestrooms, including wi-fi, hairdryers, towels, toiletries, tea and coffee making facilities, and a Freeview flatscreen television. The property also includes two additional bedrooms, currently utilised as private accommodation.
Zaine Lamont, Regional Valuations Manager for Lincolnshire and the Eastern Counties, handled the sale and commented, “I’m extremely pleased to conclude the sale of The Linroy Guest House. We understand that several local agents advertised the property before our instruction, and it shows how valuable it is to have an agent that markets the property nationally. The fact the purchaser relocated from Scotland only further strengthens our confidence in our countrywide marketing campaigns. Finally, I’d like to wish a happy retirement to our outgoing clients who have been running the business for over 17 years”.
Sidney Phillips sold the Linroy Guest House off a freehold asking price of £250,000.
For more information on buying or selling a hospitality property, call the Sidney Phillips Eastern Counties office today on 01522 500059 or email east@sidneyphillips.co.uk.