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Retail Property (high street) to rent

London Road North, Lowestoft

£1,000 pcm
48 sq. m.

Property Description

Commercial information

  • 517 sq ft (48 sq m)

Full description

The property occupies a prominent position fronting the prime Lowestoft retailing area of London Road North, nearby occupiers include Pound Stretcher, Sense Charity, Eastern Daily Press, British Heart Foundation Furniture and Electric Store, Your Move Estate Agents, the Volunteer Public House. This part of London Road North is pedestrianised but is also close to the vehicular route of Milton Road East and the junction of London Road North. Therefore on street car parking is positioned close by.

To the rear of the property there is a loading access via Police Station Road.

The property comprises a newly refurbished shop unit with glazed frontage and pedestrian access leading to an open plan rectangular shaped shop unit with suspended ceiling and fluorescent lighting.

Kitchen and toilet facilities are provided to the rear.

We have measured the property in accordance with the RICS Code of Measuring Practice and the following net internal floor areas are provided.

Ground Floor Shop Unit 48.09 sq m (518 sq ft)

151 London Road North is let to Emporium Pine at a rent of £12,000 pa with a 7 year lease commencing 1st December 2015. This lease is available by assignment at nil premium as by way of sublet on terms to be agreed.

Rateable Value £10,750 pa

The subject property forms part of the main High Street retailing area and has planning consent for A1 (Retail Use). Due to the mix of other retailers in this immediate area other uses could be permitted including A2 (Financial and Planning), A3 (Restaurants and Café).

Strictly by appointment with the Sole Agent Bycroft Commercial 01493 844489

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