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7 Queen St 1,144 sq ft Retail Property Louth LN11 9AU £135,000 (£118.01/sq ft) 10.90% Net Initial Yield
INVESTMENT HIGHLIGHTS
- Regular train services to the regional network are available from either Market Rasen or Grimsby.
- Occupiers close by include Greggs, Santander, WH Smith, Holland & Barrett, Boots, Lloyds and Natwest Banks and a mix of local shops and restaurants.
- Louth is a market town located in North East Lincolnshire, approximately 15 miles south of Grimsby and 25 miles north east of Lincoln.
EXECUTIVE SUMMARY
Lot 82 was available for sale at an Allsop online auction that was held on Thursday 1st of May 2025.
The property comprises an investment opportunity for sale.
The asking price is £135,000, representing a gross initial yield of 10.9%.
The property comprises an investment opportunity for sale.
The asking price is £135,000, representing a gross initial yield of 10.9%.
PROPERTY FACTS Sale Pending
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront Retail / Residential
Property Size
1,144 sq ft
Costar Property Class
B
Year Built
1910
Price
£135,000
Price per sq ft
£118.01
Yield
10.90%
NOI
£14,715
Tenancy
Single
Number of Floors
3
Plot ratio
0.39
Total Plot Size
0.07 ac
Frontage
12 ft on Queen Street
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NEARBY MAJOR RETAILERS
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7 Queen St
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