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73 Eastgate

1,110 SF Retail Condo Unit Offered at $196,200 in 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 $196,200
Unit Size 1,110 SF
No. Units 1
Total Building Size 3,828 SF
Property Type Retail (Condo)
Property Subtype Storefront
Sale Type Investment
Building Class B
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
Price $196,200
Price Per SF $176.76
Condo Use Retail
Sale Type Investment
Tenure Freehold
Cap Rate 5.81%
NOI $11,392.26
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

Nearby Major Retailers

Caffe Nero
Spar Stores
HSBC
National Westminster Bank Plc
Lincolnshire Co-Operative Ltd
Heron Foods
Barclays Bank
Morrisons
ASDA
ALDI
  • Listing ID: 31749802

  • Date on Market: 5/9/2024

  • Last Updated:

  • Address: 73 Eastgate, Louth LN11 9PL

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