Commercial Property in South Cockerington available for sale
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Commercial Property for Sale near South Cockerington, South Cockerington

Explore the Latest South Cockerington Commercial Property for Sale

Commercial Properties for Sale Within 5 miles of the South Cockerington, South Cockerington

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 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 Properties For Sale in South Cockerington

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How many Commercial Property listings are available for sale in South Cockerington?
There are currently 1 Commercial Properties available for sale near South Cockerington. These South Cockerington Commercial Property listings have an average size of 494 sq ft. The largest available listing in South Cockerington is 494 sq ft. The thriving commercial centre and excellent transport links in South Cockerington make it an ideal location for businesses to find suitable Commercial Property for sale.
What factors could affect the prices of Commercial Properties in South Cockerington?
Several factors can impact the price of Commercial Properties, including the size and location of the property, its net initial yield, and the amenities it offers. Prices in South Cockerington currently range from £182 to £182 per square foot. While the average net initial yield for Commercial Properties is.
What other types of commercial property are available for sale in South Cockerington?
There is a diverse range of commercial properties available in South Cockerington to suit various business needs. South Cockerington offers office buildings, retail units and shops, and industrial units & warehouses, catering to a variety of sectors and industries. With a total of 1 South Cockerington commercial property listings in the area, potential owners can find suitable options that meet their requirements.
What are the advantages of investing in commercial property in the UK?
Commercial property investment can provide long-term income through leases, capital appreciation, and portfolio diversification. Compared to residential property, commercial leases are often longer and place more responsibility on tenants for repairs and maintenance.
What is a net initial yield and why is it important?
Net initial yield is the annual rental income expressed as a percentage of the purchase price (after acquisition costs). It’s a key measure used by investors to compare return on investment across different commercial properties.
Do I need a commercial mortgage to invest?
Many investors use commercial mortgages to finance purchases. Lenders typically require a larger deposit than for residential property (often 25–40%) and will assess the property’s rental income and condition as part of the loan application.
What should I look for when doing due diligence?
Due diligence includes reviewing lease terms, tenant strength, service charges, planning permissions, condition reports, and title deeds. A commercial solicitor and surveyor are strongly recommended before purchase.
What are the risks of investing in commercial property?
Risks include void periods (no rental income), tenant default, maintenance liabilities, and changes in market conditions or planning regulations. Mitigating these requires proper property management and lease structuring.
Can overseas investors buy commercial property in the UK?
Yes, the UK market is open to international investors. However, you may need a UK-based legal representative and must comply with HMRC tax obligations, including stamp duty and possible capital gains tax on disposal.

Discover More Commercial Properties for Sale in the South Cockerington, South Cockerington

Market Overview for Commercial Properties in South Cockerington

Key information for Commercial Properties investors in South Cockerington and comparable markets. This summary brings together pricing and building size data to provide a clear view of market conditions and potential investment opportunities.

City Avg Price Per Sq Ft Avg Size Available
Alford £10 3,690 sq ft
Cleethorpes £187 1,880 sq ft
Grimsby £147 2,479 sq ft
Horncastle £43 92,973 sq ft
Louth £93 1,261 sq ft

Rental Price Trends in South Cockerington

The price per square foot range for Commercial Properties in South Cockerington and nearby cities. These metrics help establish valuation benchmarks and highlight possible value opportunities in the market.

City Min £ Sq Ft Avg £ Sq Ft Max £ Sq Ft
Alford £10 £10 £10
Cleethorpes £34 £187 £598
Grimsby £18 £147 £598
Horncastle £10 £43 £81
Louth £31 £93 £132

Available Building Sizes

A summary of the current sizes of Commercial Property for sale in the South Cockerington area. Refine your search based on space requirements and investment level.

City Smallest Property Avg. Sq Ft Largest Property
Alford 3,690 sq ft 3,690 sq ft 3,690 sq ft
Cleethorpes 269 sq ft 1,880 sq ft 4,995 sq ft
Grimsby 269 sq ft 2,479 sq ft 13,543 sq ft
Horncastle 1,588 sq ft 92,973 sq ft 182,385 sq ft
Louth 450 sq ft 1,261 sq ft 2,840 sq ft

You searched for commercial property for sale in South Cockerington. Explore 1 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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