Retail premises for sale in Upgate, Louth LN11
* Calls to this number will be recorded for quality, compliance and training purposes.
Property features
- Ground Floor retail shop unit
- Excellent business Location
- Close to the town centre of the market town of Louth
- Provides a yield in excess of 10% when let.
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.
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
The retail shop should achieve and income over £5,000 per annum giving a potential yield of over 10%.
The property is available with an asking price of £52,500 or nearest offer.
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.
We are advised that the property is Freehold.
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.
Property info
* Sizes listed are approximate. Please contact the agent to confirm actual size.
For more information about this property, please contact
Cleethorpes Properties, DN31 on +44 1472 467137 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Cleethorpes Properties, and do not constitute property particulars. Please contact Cleethorpes Properties for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.