Summary - Eastgate, Louth LN11 9PG
1 bed 1 bath Commercial Property
**Key Features:**
- Prime town center location in Louth, high footfall area
- Extensive commercial space with flexible use potential
- Outline Planning Permission for 3 terrace houses and 1 flat in rear car park
- Asking price: £500,000 for property and development site
- EPC Rating: C
- Strong local economy with independent and national retailers nearby
This extensive commercial property, formerly a bank, holds a prime spot on Eastgate in bustling Louth. With a versatile layout spanning over 2,169 sq ft, it features a generous ground floor ideal for retail or office use, multiple meeting rooms, and essential utility spaces, enhancing its appeal for businesses or investors. The high footfall location benefits from a vibrant mix of independent shops, key services, and major supermarkets, ensuring strong commercial traffic.
Additionally, the property comes with outline planning permission for the construction of three terrace houses and a first-floor flat on the adjacent former car park, presenting a significant development opportunity in a popular market town. While the area is noted to have high crime rates, it is also rich in community amenities and schools with good ratings, making it a practical option for families or potential renters. Act quickly—opportunities to secure such a versatile and potentially lucrative property like this don’t come along often!
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