Summary - 13, QUEEN STREET LN11 9AU
1 bed 1 bath Shop
Central Louth high-street property with immediate rental income.
Freehold mixed-use building with café, takeaway and upper flat
A rare freehold mixed-use opportunity on Louth’s busy Queen Street, offered with two ground-floor commercial units and an upper flat. The property currently generates approximately £15,540 per annum from a mix of leases and assured shorthold tenancies, providing an immediate income stream for an investor willing to manage a high-street asset.
The building has a traditional Georgian shopfront and sizeable overall floorspace (about 2,400 sq ft) suited to continued café/takeaway use or conversion to alternative retail or leisure uses subject to planning. EPCs are B for the café and C for the takeaway; the flat’s EPC is to be confirmed. Some internal elements are dated (single-glazed windows to one bedroom) and there is a shared rear courtyard, so modest refurbishment could both improve rental tone and attract higher-quality occupants.
Location is a clear strength: central Louth with steady footfall from local independents, national retailers and nearby schools. The immediate area registers higher crime and a deprived classification, so target operators should factor local trading conditions into forecasts. For buyers seeking a hands-on investment with short-term income and medium-term asset uplift potential, this property offers scope to add value through management and improvement works.
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