116 Bevan Street East, Lowestoft, Suffolk NR32 2AG
- PROPERTY TYPE
Mixed Use
- SIZE
Ask agent
Key features
- Vacant freehold shop in central town location
- Over 1500 sq/ft ground floor space
- Garage parking
- Guide Price: £70,000 - £90,000
- For sale by livestream auction
- Unless previously sold or withdrawn prior
- 11:00am, Wednesday 1 May 2024
Description
FOR SALE BY LIVESTREAM AUCTION ON WEDNESDAY 1ST MAY AT 11:00AM
TO REGISTER FOR LEGAL PACKS AND BIDDING INSTRUCTIONS PLEASE VISIT OUR WEBSITE
A Freehold shop with deceptively large accommodation located in a prime retail area, with rear access to private enclosed parking.
The ground floor shop has over 1500 sq/ft of space including rear garaging and parking. There is a dry basement and numerous storage areas. The shop has been a pet shop for many years but is to be sold with vacant possession. This high footfall location could be used for a variety of alternative uses or developments (subject to planning)
The property is being sold freehold subject to the sale of the first floor flat which has been sold on a long lease with a ground rent income of £150 pa.
Ground Floor Main shop and retail areas, storage rooms, kitchen/staff area, w.c.
First Floor The first floor flat has been sold on a 999 year lease subject to a ground rent income of £150 pa (not inspected)
Business Rates Current rateable value from 1 April 2023 to present: £7,000
Viewings Open viewings are being arranged in conjunction with the vendor. To book an appointment please call the Norwich office.
Tenure: Freehold
EPC Rating: Shop - C / Flat - E
Administration Fee: 0.3% inc VAT of the purchase price, subject to a minimum of £1200 inc VAT, payable on exchange of contracts.
Buyer's Premium Fee: £420 inc VAT payable on exchange of contracts.
Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
116 Bevan Street East, Lowestoft, Suffolk NR32 2AG
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Lowestoft Station0.1 miles
- Oulton Broad North Station1.4 miles
- Oulton Broad South Station1.8 miles
About the agent
Auction House, Covering East Anglia
The Barn Newmarket Road Cringleford Norwich NR4 6UE
Market position
Auction House East Anglia are firmly established as East Anglia's no.1 property auctioneers (based on lots sold) and we sell over 80% of lot entries in our local auctions. We hold regular auctions in Norfolk and Suffolk and Cambridgeshire and have offices in Norwich, Kings Lynn, Peterborough and Ipswich.
Trusted BrandAuction House East Anglia is part of the Auctio
Industry affiliations
Notes
Disclaimer - Property reference 202309261037sq_0qi7_copy_2024-03-21_163643. 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 Auction House, Covering East Anglia. 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.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Auction House, Covering East Anglia on 01603 361653.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”
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