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Prominent Retail Premises with first and second floor office and ancillary space Return to search results

Lowestoft, , NR32 2EH

Status: Investment
Tenure:
Property: Imperial House
Size: 0 sq ft
Ref: 55437

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Description:

The premises consist of a ground floor retail area with good frontage to Station Square, Denmark Road and Bevan Street East, together with first and second floor office and ancillary space.
Bevan Street has on street parking provision and there are many town centre car parks within easy walking distance.

EPC Rating: Level E (120)

Location:

Situated in Station Square, Lowestoft Town Centre, opposite the Railway Station, within a very prominent location adjacent to the principal retail areas. Lowestoft, with a resident population of approximately 75,000 and a catchment population in excess of 180,000 is a centre for business, port, retail and leisure activities.

Accommodation:

Ground floor retail areas, presently used as offices and training areas with kitchen and toilet provision; stairs to the upper floors that have additional offices, toilet provision and a shower room.

Freehold Price:

Offers in the region of 290,000 for the purchase of the freehold interest subject to the terms of the existing tenancy

Rateable Value:

Rateable Value: 18,750

Lease Terms:

The property is let on full repairing and insuring terms for a period expiring on 31 December 2018 at a current rent of 24,000 per annum exclusive payable quarterly in advance

Planning:

Retail - Use Class A2 & D1

Services:

Mains three phase electricity, gas, water and drainage connections.
The premises have full gas fired central heating, fire detection/alarm system and an intruder alarm installation.

Viewing:

Strictly by appointment with the sole agents:

Richard Perkins & Associates
The Barn, 2 Gunton Church Lane,
LOWESTOFT. NR32 4LE
Telephone: 01502 514738
Fax: 01502 568674
Email: property@richard-perkins.co.uk