Mundys says ..

Property Oracle says ..

This property is a freehold commercial property, comprising a thriving fish and chip shop and restaurant with living accommodation above. The business appears well-established and benefits from a high-street location in the seaside town of Mablethorpe, Lincolnshire. This location offers strong potential for tourist trade. The restaurant itself seems adequately equipped, with a modern kitchen and dining area. The living quarters above consist of four bedrooms and one bathroom, and although presented in a fair condition in the pictures provided, may benefit from some minor improvements for maximum appeal. The property’s limited outdoor space is a significant drawback; however, its location and existing business are key factors in its overall value proposition. Potential buyers should carefully assess the business financials to fully understand the return on investment and ensure the asking price is justified against the business’s performance and ongoing operating costs. More precise information regarding property size is needed for a complete analysis of price per square foot and comparable properties.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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