Summary - Flat, 5 Queen Street LN11 9AU
1 bed 1 bath Shop
Listed town‑centre shop with income-producing flat — low entry investment opportunity..
Grade II listed three‑storey mid‑terrace with characterful red brick facade
Ground‑floor shop approx 5.45m x 4.43m; flexible retail/office use (permissions required)
One‑bed flat on 1st/2nd floors — currently tenanted, provides immediate income
Total area c. 754 sqft; offered at £60,000 — low entry price for town centre
EPC: Ground Floor C; Upper Floors E — energy upgrades likely needed
Solid brick walls with assumed no insulation; retrofit costs probable
Listed status will restrict alterations and may increase repair costs
Local area: high crime and deprivation; town centre footfall from market
A compact, Grade II listed mid‑terrace property on Louth’s busy market area, combining ground‑floor commercial space with a one‑bed flat above. The premises extend to about 754 sqft across three floors and sit directly off the town marketplace, giving strong footfall and visibility for a small retail or office operator.
The upper flat is currently tenanted, offering immediate residential income while the ground floor provides versatile retail/office accommodation (5.45m x 4.43m). Broadcasters, independent retailers and small service businesses could exploit the town centre location, subject to planning and listed‑building consents.
Important considerations: the building’s Grade II listing will restrict alterations and could increase repair costs; the solid brick construction likely lacks modern insulation. EPC ratings are C (ground floor) and E (upper floors). The area shows higher crime and deprivation statistics, which may affect some occupiers and yields, though the town’s regular market and established independent retail offer long‑term trade potential.
For an investor seeking a low‑entry central asset, this property offers immediate rental income from the flat and opportunity to refurbish the shop with appropriate permissions. Buyers should allow budget for listed‑building repairs, potential energy improvements, and check tenancy details and local rates liabilities.
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