Mercer Row


For Sale £99,500

Louth, Lincolnshire

Key Features

  • Excellent Town Centre Location
  • Good footfall position
  • Ground floor of 409 sq.ft. NIA approx.
  • Achieving approx. £7,500 per annum exclusive
  • EPC - C

Investment property for sale in prime town centre location currently let to salon.


Louth is a market town of approximately 17,000 people, famous for its thrice weekly market and cattle market. The town centre provides essential services for a large rural area and secondary schools, banks and shopping facilities. The town is famous for its sole proprietor independent retailers, including butchers, bakers and specialist clothing shops etc. In addition, the town accommodates the main High Street banks and national retailers including Boots the Chemist, WH Smith, Millets etc. There are 3 supermarkets in the town, being a Co-operative, Morrison’s and Aldi.


GROUND FLOOR - 10.7m x 3.87m (35'1" x 12'8")


KITCHEN & STAFF ROOM - 3.054m x 2.156m + 2.95m x 1.793m (10'0" x 7'0" + 9

With radiator, stainless steel sink and drainer, wall and base units, space for washing machine and tumble dryer.

WC -

With wash hand basin and wc.

OFFICE/SALON - 3.716m x 4.22m (12'2" x 13'10")

With 2x radiators, storage cupboard 1.286m x 3.041m.
Loft access.


Under lease from 1st August 2022 on a 2 year lease at a rent of £625.00 per calendar month.


Mains services are understood to be available. The agents have not inspected or tested any of the services or service installations and tenants should make their own enquiries.


Enquiry of the VOA website indicates:-
Description – Shop and premises
Rateable Value – £6,900
Rating Authority – East Lindsey District Council.


Each party will be responsible for their own legal fees in relation to the sale.


Please note, all prices quoted may be subject to VAT unless stated otherwise.


Strictly by appointment with the sole agents, TES Property.

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01507 601 633

6-8, Cornmarket, Louth, Lincolnshire LN11 9PY