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63 Legbourne Rd 2,840 SF Retail Building Louth LN11 8ES $924,896 CAD ($325.67 CAD/SF)
Investment Highlights
- 65 meters of frontage on Legbourne Road
- Excellent access to the A16 Louth Bypass
- Positioned in a growing residential area
Executive Summary
This property presents a rare opportunity to acquire a prominently positioned development site in the thriving market town of Louth. The site, formerly used as a motor trade premises, includes a range of existing structures comprising a showroom, workshop, MOT bay, and forecourt with car display and parking areas. The main building is of steel frame construction with a mono-pitched roof and glazed frontage, complemented by roller shutter doors to the workshop space.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Auto Dealership
Building Size
2,840 SF
Building Class
C
Year Built
1990
Price
$924,896 CAD
Price Per SF
$325.67 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
0.63 AC
Parking
25 Spaces (8.8 Spaces per 1,000 SF Leased)
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Nearby Major Retailers
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63 Legbourne Rd
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