Summary - 5 CORNMARKET LOUTH LN11 9PY
1 bed 1 bath Retail Property (high street)
**Standout Features:**
- Prime retail location on Cornmarket, Louth's main market square.
- Grade II Listed 4-storey building with Victorian architecture.
- Large overall space of 2,465 sqft (228.8 sqm), housing retail, office, and storage areas.
- High ceilings and well-preserved decorative brickwork enhance the property's character.
- Freehold tenure, providing ownership stability.
- Close proximity to essential amenities, dining, and services.
**Potential Concerns:**
- Renovation and development possibilities are limited due to listed status.
- Local area has higher-than-average crime rates and some signs of deprivation.
Discover an exceptional opportunity with this prime retail property, ideally situated in Louth's bustling town center, facing the vibrant market square. Spanning four storeys, the building offers 2,465 sqft of versatile space that can cater to retail and office needs, ideal for an investor or a business looking to establish a strong presence in the area. The striking Victorian design, complete with high ceilings and decorative features, adds undeniable charm and character.
While the property presents significant potential for creating a unique storefront or office, be aware that its Grade II Listed status limits options for extensive renovations or extensions. The local community offers a blend of essential services and amenities, perfect for attracting foot traffic. However, prospective buyers should also consider the area’s higher crime rates, which make vigilance a priority. This is an excellent investment opportunity for those looking to make their mark in a lively town with a strong market presence. Act quickly—properties like this don’t stay on the market for long!
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