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73 Eastgate

1,110 SF Retail Unit Offered at £155,000 in Louth LN11 9PL

Storefront Properties Lincolnshire Louth 73 Eastgate, Louth, LN11 9PL

INVESTMENT HIGHLIGHTS

  • Excellent pedestrian through flow
  • Public transport
  • Close to accommodation

EXECUTIVE SUMMARY

The retail property is located in excellent pedestrian through flow. The town centre provides essential services for a large rural area.

PROPERTY FACTS

Price £155,000 Sale Type Investment
Unit Size 1,110 SF Building Class B
No. Units 1 Number of Floors 4
Total Building Size 3,828 SF Typical Floor Size 957 SF
Property Type Retail (Unit) Year Built 1921
Property Subtype Storefront Lot Size 0.18 AC
Price £155,000
Unit Size 1,110 SF
No. Units 1
Total Building Size 3,828 SF
Property Type Retail (Unit)
Property Subtype Storefront
Sale Type Investment
Building Class B
Number of Floors 4
Typical Floor Size 957 SF
Year Built 1921
Lot Size 0.18 AC

1 UNIT AVAILABLE

Unit 73

Unit Size 1,110 SF Sale Type Investment
Price £155,000 Tenure Freehold
Price Per SF £139.64 Net Initial Yield 5.81%
Unit Use Retail NOI £9,000
Unit Size 1,110 SF
Price £155,000
Price Per SF £139.64
Unit Use Retail
Sale Type Investment
Tenure Freehold
Net Initial Yield 5.81%
NOI £9,000
DESCRIPTION

Town centre shop with 65.13sq.m/701sq.ft at ground floor level, First floor storage space and an office space to the 2nd floor.

SALE NOTES

Investment property for sale. The property is currently let on a lease.

PRICE: £155,000

LINKS

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NEARBY MAJOR RETAILERS

Caffe Nero
Spar Stores
HSBC
National Westminster Bank Plc
Lincolnshire Co-Operative Ltd
Heron Foods
Barclays Bank
Morrisons
ASDA
+44 1507 602264

CONTACT

  • Listing ID: 31749802

  • Date on Market: 09/05/2024

  • Last Updated:

  • Address: 73 Eastgate, Louth LN11 9PL

The Retail Property at 73 Eastgate, Louth, LN11 9PL is currently available for sale. Contact Turner Evans Stevens for more information.

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73 Eastgate
+44 1507 602264 x

73 Eastgate

Ben Stevens

+44 1507 602264

+44 1507 602264

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