Victoria Road, Lowestoft
- PROPERTY TYPE
Garages
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
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
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- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Yes
- GARDENA property has access to an outdoor space, which could be private or shared.
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- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent
Victoria Road, Lowestoft
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About Paul Hubbard Estate Agents, Lowestoft
178-180 London Road South, Lowestoft, NR33 0BBOur priority is people
An estate agency formed on high ethical values, we continue to work with clients, plus their friends, families and neighbours.
Our business is local propertyOur staff offer a personal and professional approach to property sales, lettings and management across Lowestoft, extending to Gorleston, Hopton, Blundeston, Somerleyton, Lound, Oulton Broad, Barnby, Mutford, Wrentham, Kessingland and Pakefield. All our staff live locally and have excellent local knowledge.
Our word is our bond.Trust, honesty and integrity are not just words. They mean everything to us. We are here to listen to your expectations and then to exceed them.
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Visit our security centre to find out moreDisclaimer - Property reference 33011869. 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 Estate Agents, Lowestoft. 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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