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7 Queen St 1,144 SF Retail Building Louth LN11 9AU $249,061 CAD ($217.71 CAD/SF) 10.90% Cap Rate
INVESTMENT HIGHLIGHTS
- Regular train services to the regional network are available from either Market Rasen or Grimsby.
- Occupiers close by include Greggs, Santander, WH Smith, Holland & Barrett, Boots, Lloyds and Natwest Banks and a mix of local shops and restaurants.
- Louth is a market town located in North East Lincolnshire, approximately 15 miles south of Grimsby and 25 miles north east of Lincoln.
EXECUTIVE SUMMARY
Lot 82 was available for sale at an Allsop online auction that was held on Thursday 1st of May 2025.
The property comprises an investment opportunity for sale.
The asking price is £135,000, representing a gross initial yield of 10.9%.
The property comprises an investment opportunity for sale.
The asking price is £135,000, representing a gross initial yield of 10.9%.
PROPERTY FACTS Sale Pending
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
1,144 SF
Building Class
B
Year Built
1910
Price
$249,061 CAD
Price Per SF
$217.71 CAD
Cap Rate
10.90%
NOI
$27,148 CAD
Tenancy
Single
Building Height
3 Stories
Building FAR
0.39
Lot Size
0.07 AC
Frontage
12’ on Queen Street
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NEARBY MAJOR RETAILERS
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7 Queen St
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