Summary - 76 QUEEN STREET LOUTH LN11 9BL
1 bed 1 bath Commercial Property
Compact income-producing café and house near Louth town centre.
• Freehold mixed-use: café plus four-bed mid-terraced house
• Current combined income approx. £12,800 per annum
• Café EPC C; house EPC D
• Small overall footprint — approx. 374 sq ft
• Solid brick construction; likely no wall insulation
• Tenants in situ: café £400pcm, house £625pcm
• High local crime and area deprivation — management risk
• Services untested; buyer should verify utilities and VAT position
This mixed-use freehold on Queen Street offers a compact, income-producing combination of a ground-floor café and a four-bedroom mid-terraced house. The two units are let separately, providing an immediate blended rental income and a straightforward hands-off investment for a buyer seeking town-centre exposure in Louth.
The café benefits from a traditional Victorian shopfront and large display window, suited to continued retail or takeaway use. The house provides four modest bedrooms over two floors and is currently let on an assured shorthold tenancy. EPCs are C for the café and D for the house.
Key positives include central location near Louth’s market, main shops and schools, mains gas heating and an established rental income stream (approx. £12,800pa). Material considerations are the property’s small overall size (approximately 374 sq ft), dated solid-brick construction with assumed no wall insulation, some low ceilings and compact rooms, and uninspected services. The area scores high for crime and is relatively deprived, which may affect tenant demand and management needs.
This is a pragmatic purchase for an investor wanting immediate income and scope for value-add (refurbishment, thermal improvements or reconfiguration), but it suits buyers comfortable managing tenanted, small-scale, town-centre commercial/residential stock and addressing basic maintenance and compliance items.
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