Commercial Property in LN12 available for sale
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Commercial Properties for Sale near LN12, Mablethorpe

Find commerical property for sale in LN12 that meets your business or investment goals

More details for High St, Mablethorpe - Retail for Sale

High St

Mablethorpe, LN12 1AF

  • Retail for Sale
  • £635,000
  • 11,881 sq ft
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More details for 124 Victoria Rd, Mablethorpe - Retail for Sale

124 Victoria Rd

Mablethorpe, LN12 2AJ

  • Retail for Sale
  • £180,000
  • 1,764 sq ft
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Commercial Properties for Sale Within 10 miles of the LN12, Mablethorpe

More details for 14A Market Pl, Alford - Retail for Sale

14A Market Pl

Alford, LN13 9EB

  • Retail for Sale
  • £120,000
  • 1,022 sq ft
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More details for 3-5 Queen St, Louth - Retail for Sale

3-5 Queen St

Louth, LN11 9AU

  • Retail for Sale
  • £60,000
  • 1,431 sq ft
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More details for 63 Legbourne Rd, Louth - Retail for Sale

63 Legbourne Rd

Louth, LN11 8ES

  • Retail for Sale
  • £500,000
  • 2,840 sq ft
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More details for Saddleback Rd, South Cockerington - Retail for Sale

Fur Friendly, The Old Cattery - Saddleback Rd

South Cockerington, LN11 7DJ

  • Retail for Sale
  • £95,000
  • 494 sq ft
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More details for 56 Upgate, Louth - Retail for Sale

56 Upgate

Louth, LN11 9JN

  • Retail for Sale
  • £52,500
  • 450 sq ft

Louth Retail for Sale

Excellent Business Location - COMMERCIAL GROUND FLOOR RETAIL SHOP UNIT OF APPROX 450 SQ FT (42.0) SQ M. WITH AVAILABLE PARKING. Location The subject property is located on Upgate close to the town centre of the market town of Louth which is approximately 15 miles south west of Grimsby. Louth has a good selection of shops, eating establishments and wine bars. There is a large amount of passing traffic to this property. Description The property is a brick-built ground floor retail shop unit previously used by Cash Convertors. It comprises a retail area to the front with large window display with a large storage area to the rear including WC facilities. Accommodation The approximate accommodation comprises: Shop/Sales Area Approx. 180 sq. ft. (16.7 sq. m). Rear Store Area Approx. 270 sq. ft. (25.2 sq. m). WC facilities Income Potential The retail shop should achieve and income over £5,000 per annum giving a potential yield of over 10%. Price The property is available with an asking price of £52,500 or nearest offer. Legal Costs Each Party will be responsible for their own legal costs incurred in this transaction together with any stamp duty and land tax that may apply. Tenure We are advised that the property is Freehold. Rateable Value We are advised by East Lindsey District Council that the rateable value is £4,300 per annum. Interested parties are advised to confirm this with the Local Authority.

Contact:

Cleethorpes Properties

Property Subtype:

Shopfront Retail / Office

Date on Market:

24/06/2024

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FAQs About Commercial Property For Sale in LN12

See All Properties For Sale
How many commercial properties are currently available for sale in LN12?
There are currently 3 commercial properties available for sale. Sizes range from to , with an average size of. Available opportunities may include offices, retail premises, industrial properties, mixed-use assets and development sites.
How much does commercial property cost in LN12?
The average asking price is approximately per sq ft, with prices ranging from to per sq ft. Property values will vary depending on location, size, condition, tenant status and market demand.
What factors influence commercial property values?
Property values can be affected by location, building quality, asset size, lease terms, tenant covenant strength, redevelopment potential and local market conditions. For investment properties, income generation and yield are also important considerations.
What types of commercial property are available to buy?
The market may include offices, retail units, industrial properties, warehouses, land, mixed-use buildings and specialist assets. Availability will vary depending on location and current market conditions.
What should I consider before buying commercial property?
Key considerations include location, accessibility, property condition, planning permissions, lease arrangements, operating costs and future growth potential. Buyers should also understand any legal, environmental or structural issues that could affect value or usability.
What is rental yield and why does it matter?
Rental yield measures the income generated by a property relative to its purchase price. Investors often use yield to compare opportunities, although it should be considered alongside factors such as tenant quality, lease length and potential for capital growth.
Can I buy commercial property for my own business?
Yes. Many buyers purchase commercial property to occupy themselves rather than as an investment. Owning premises can provide greater control over operating costs, security of tenure and the potential to benefit from future capital appreciation.
Do I need a commercial mortgage?
Many buyers use commercial finance to fund acquisitions. Deposit requirements, lending terms and borrowing costs vary depending on the property, the buyer's circumstances and the intended use of the asset.
What due diligence should I carry out before buying?
Due diligence typically includes reviewing title documents, planning permissions, leases, service charge information, environmental matters and building condition reports. Professional legal and surveying advice is strongly recommended before completing a purchase.
What are the risks of buying commercial property?
Potential risks include market fluctuations, vacancy periods, tenant default, maintenance costs, planning restrictions and changes in local demand. Thorough due diligence and effective asset management can help reduce these risks.
Can overseas buyers purchase commercial property in the UK?
Yes. International buyers can purchase commercial property in the UK, although additional legal, tax and regulatory considerations may apply. Professional advice should be obtained before proceeding with a transaction.
What additional costs should I budget for?
In addition to the purchase price, buyers should budget for Stamp Duty Land Tax, legal fees, surveys, finance costs, insurance and any refurbishment or fit-out works that may be required.

Discover More Commercial Properties for Sale in the LN12, Mablethorpe

You searched for commercial property for sale in LN12. Explore 3 listings from top commercial agents on LoopNet. Whether you're looking for investment properties to expand your portfolio, establish a new venture, or secure a prime location, LoopNet offers a diverse range of opportunities to meet your goals. Each listing provides detailed information on property features, size, pricing, and high-quality floor plans and photos. With the most extensive inventory of commercial properties worldwide, LoopNet is your trusted partner in finding the perfect commercial property for investment.

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