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Victoria Road, Lowestoft

£75,000

Business rates & charges may apply

Paul Hubbard Commercial, Suffolk
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SECTOR

Garage for sale

Key features

  • 5 brick built garages
  • Quiet and secluded location in Nelson's Wharf, Oulton Broad
  • Currently let as storage at £50 PCM each
  • Asking price of £75,000
  • Freehold for sale

Description

Paul Hubbard Commercial is pleased to present an exceptional commercial opportunity within Nelson's Wharf in Oulton Broad. This offering comprises a set of five garages, currently leased for long-term storage purposes, each generating a robust monthly income of £50 PCM. Positioned in a tranquil industrial area, these garages are strategically located for maximum appeal to investors seeking a lucrative venture in the commercial real estate market.

Summary - Paul Hubbard Commercial is pleased to present an exceptional commercial opportunity within Nelson's Wharf in Oulton Broad. This offering comprises a set of five garages, currently leased for long-term storage purposes, each generating a robust monthly income of £50 with scope to increase. Positioned in a tranquil industrial area, these garages are strategically located for maximum appeal to investors seeking a lucrative venture in the commercial real estate market.

Nestled within the serene surroundings of Nelson's Wharf, the property consists of five spacious garages that are presently under long-term lease agreements for storage purposes. These garages, meticulously maintained and situated in a quiet industrial locale, offer an attractive prospect for investors looking to diversify their portfolios.

The garages are currently generating a steady monthly income of £50 each, resulting in a substantial total of £250 per month. This financial stability, combined with the long-term nature of the existing leases, underscores the potential for a reliable and consistent return on investment for discerning investors.

Positioned in a peaceful industrial area, the garages benefit from an advantageous location, providing a secure and quiet environment. This strategic positioning enhances the property's appeal, making it an ideal choice for businesses or individuals seeking secure storage solutions.

This rare opportunity not only caters to investors interested in maintaining the current long-term storage leases but also opens avenues for those keen on exploring continued commercial leasing. The flexibility in potential usage makes this commercial property a versatile and attractive investment.

Investors with an inclination towards private storage options will find this opportunity particularly enticing. The property's strong financial performance, coupled with its strategic location, positions it as a viable and potentially lucrative investment in the commercial real estate market.

For those considering entry into the commercial real estate market or seeking private storage options, this opportunity beckons as a rare and advantageous prospect. Interested parties are encouraged to reach out to Paul Hubbard Commercial for further details.

Brochures

Victoria Road, Lowestoft

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Oulton Broad South Station0.5 miles
  • Oulton Broad North Station0.5 miles
  • Lowestoft Station1.3 miles

About Paul Hubbard Commercial, Suffolk

178-180 London Road South, Lowestoft, Suffolk, United Kingdom, NR33 0BB

Notes

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Disclaimer - Property reference 32783037. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Paul Hubbard Commercial, Suffolk. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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