£1,200,000
Land for saleLouth LN11
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About this property
Parcel A – Title LL119952
Parcel B – Title LL270199
Planning & Development Potential
Location
- A cleared site in a key town-centre position on Queen Street.
- The site is ready for redevelopment, offering a “blank canvas” with minimal demolition risk, enabling accelerated delivery of a scheme.
- The town-centre location is particularly attractive for convenience retail, leisure, food & beverage, or a mixed-use scheme (e.g., retail on ground floor with offices/residential above).
- The site also benefits from the adjacent car park conversation with the local authority - details below.
Parcel B – Title LL270199
- Contains a former church building, now in use as a garage and terrace unit.
- A scheme has already been drawn up (i.e., planning-feasible concept) for conversion into apartments, thereby reducing early-stage risk and capitalise the residential market in Louth.
- The town’s demographic and market fundamentals (see next section) support residential redevelopment.
- This parcel can be delivered in tandem with Parcel A or independently, offering flexibility for an investor or developer.
Planning & Development Potential
- Given the cleared nature of Parcel A, the developer has the benefit of minimal demolition risk and the ability to progress a new commercial building (or mixed-use) quickly subject to planning.
- Parcel B presents a conversion project, with the existing church/garage/terrace arrangement and a pre-drawn scheme for apartments: This can accelerate consenting and delivery.
- As these sites are in a town-centre location, the redevelopment is very likely to benefit from sequential test advantages (for retail/leisure uses) and strong local planning policy support for town-centre regeneration. East Lindsey District Council+1
- The conversation with the local authority around adjacent car parking enhancement/redemption scheme indicates local authority engagement and interest in enhancing the town-centre environment – a positive sign for any planning submission.
- Scope exists to deliver either a standalone redevelopment or a comprehensive mixed-use scheme combining both parcels (for example: Retail/food & beverage ground floor with offices or residential above; or dedicated residential on Parcel B with retail/leisure on Parcel A).
- Investors/developers should review the legal title documents (LL119952 and LL270199) and engage with the local planning authority early to refine scheme scale, uses and parking/access strategy (taking into account the adjacent car park opportunity).
Location
- Louth is widely regarded as the “Capital of the Wolds”, being the largest inland town in the Lincolnshire Wolds and a key service centre.
- The town offers a very strong independent retail offer, with a high proportion (approx. 70 %) of businesses being locally owned, specialist and niche.
- The neighbourhood benefits from good road connectivity: The A16 runs through or near Louth, giving north-south access.
- The site’s central location ensures excellent visibility and footfall, ideal for either retail/commercial or residential use.
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Monthly repayment
£6,002 per month
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