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63 Legbourne Rd 2,840 sq ft Retail Property Louth LN11 8ES £500,000 (£176.06/sq ft)
Investment Highlights
- 65 meters of frontage on Legbourne Road
- Excellent access to the A16 Louth Bypass
- Positioned in a growing residential area
Executive Summary
This property presents a rare opportunity to acquire a prominently positioned development site in the thriving market town of Louth. The site, formerly used as a motor trade premises, includes a range of existing structures comprising a showroom, workshop, MOT bay, and forecourt with car display and parking areas. The main building is of steel frame construction with a mono-pitched roof and glazed frontage, complemented by roller shutter doors to the workshop space.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Car Dealership
Property Size
2,840 sq ft
Costar Property Class
C
Year Built
1990
Price
£500,000
Price per sq ft
£176.06
Tenancy
Single
Number of Floors
1
Plot ratio
0.10
Total Plot Size
0.63 ac
Parking
25 Spaces (8.8 Spaces per 1,000 sq ft Leased)
1 1
Nearby Major Retailers
1 of 2
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63 Legbourne Rd
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