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Light Industrial for sale

Church Lane, Lound, Lowestoft

Removed £1,200,000

Property Description

Full description

Tenure: Freehold

LOCATION
The property is located equidistant Great Yarmouth and Lowestoft on the outskirts of Lound, approximately ¾ mile
from the A12. The location is attractive and rural in nature. Great Yarmouth has a borough population of approximately
97,000 persons, Lowestoft has a population of approximately 60,000 persons. Hopton the next village has a population of
2970 persons. Gorleston has a population of 5,500 persons. The main access is from Church Lane via a private
drive which leads to a tarmac parking area in front of the main building.

DESCRIPTION
The property comprises an educational establishment most recently occupied by Lowestoft College and used as a satellite
campus. A main classroom block, cafeteria block, a second unrefurbished classroom block and a well-appointed caretakers
bungalow are provided - all within generous mature grounds of approx 17 acres.

ACCOMMODATION
Main building
Ground floor 1343.74 sq m

Gymnasium 318.43 sq m

First floor 784.75 sq m

Total 2446.92 sq m (26,339 sq ft)

Un-refurbished block 400.83 sq m

Cafeteria block 348.59 sq m

3 bed detached bungalow 77.22 sq m

SERVICES
Mains electricity, water and drainage are provided with separate services to the buildings and caretakers bungalow.
The heating is via various oil fired boilers.

OUTGOINGS
The property is assessed for Business Rates as School and Premises with a Rateable Value of £65,500.
Rates payable in 2015/16 will be £32,291.50.

PLANNING
The current planning consent is D1 (non-residential institution). T he property lends itself to immediate occupation for educational or academy uses both non-residential and residential. Other uses could include Nursing Home, Care Home, Sports Training Centre, Business HQ. There is potential for expansion and development for D1 or B1 uses. The potential for residential redevelopment has not been explored. For all potential uses please contact Waveney District Councils planning department on 01502 562111

VIEWING
Please contact the Sole Agent Bycroft Commercial on 01493 844484. Email: db@charlesbycroft.co.uk


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