Log In/Sign Up
Your email has been sent.
High St 11,881 SF 100% Leased Retail Building Mablethorpe LN12 1AF $863,159 ($72.65/SF) 12.28% Cap Rate
Investment Highlights
- Freehold Investment opportunity
- Courtyard at the rear for storage and construction
- 12.28% NIY
Executive Summary
The Louth Hotel, comprising of 11,881 square feet, is a substantial building sat in a prominent location on the corner of the High Street and Victoria Street and which is laid out to provide a pub, the Louth Hotel and five other commercial units utilised for a variety of different retail and restaurant uses, together with three self contained residential units. To the rear of the building is a courtyard used for storage and car parking.
As referred to above, the property is laid out to provide six commercial units and three further residential apartments.
As referred to above, the property is laid out to provide six commercial units and three further residential apartments.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront
Building Size
11,881 SF
Building Class
B
Year Built
1905
Price
$863,159
Price Per SF
$72.65
Cap Rate
12.28%
NOI
$105,996
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.80
Lot Size
0.34 AC
Frontage
197’ on High Street
1 1
Nearby Major Retailers
1 of 6
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
High St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.