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COMMERCIAL

One Stop, 137 Oulton Road, Lowestoft, Suffolk NR32 4QS

Guide Price
£125,000
Auction House, East Anglia
PROPERTY TYPE

Commercial Property

BEDROOMS

3

BATHROOMS

1

SIZE

Ask agent

Key features

  • Freehold commercial premises and three bed flat, let to One Stop Shops
  • Passing rent £13,000 pa currently holding over
  • Prominent main road position
  • Guide price: £125,000 to £150,000
  • For sale by livestream auction
  • Unless previously sold or withdrawn prior
  • 10:00am, Wednesday 10th December 2025

Description

FOR SALE BY LIVESTREAM AUCTION ON WEDNESDAY 10TH DECEMBER 2025 AT 10:00AM
TO REGISTER FOR LEGAL PACKS AND BIDDING INSTRUCTIONS PLEASE VISIT OUR WEBSITE

A valuable commercial investment currently let to One Stop Shops. Income currently £13,000 pa (holding over)

This prominent commercial investment property is currently occupied on a rolling tenancy producing £13,000 pa, There has however been an agreement to create a new 15 year lease with a new rent agreed of £15,500 pa. This has not been finalised and purchasers would need to pick up with these negotiations following purchase. This property comprises a ground floor convenience store, totalling approximately 141 sqm (1,510 sq ft) and a self contained three bedroom flat above.

The property is entirely let to One Stop Stores Limited, a subsidiary of Tesco Plc since 2003. It is situated in a predominantly residential area, benefits from off-street car parking to the front.

Accommodation One Stop convenience Store including storage. First floor flat comprising hall, kitchen, lounge, inner hall, three bedrooms, bathroom.
VAT VAT is not applicable to this lot.
Tenancy Information One Stop Community Stores Ltd are wholly owned by Tesco plc (
Lease Length
15 years from 1 March 2009 until 28 February 2024.
Business Rates and Council Tax Business Rates: 1 April 2023 to present: £9,900
Council Tax: A

Tenure: Freehold

EPC Rating: B, E

Administration Fee: £1200 inc VAT payable on exchange of contracts.

Buyer's Premium Fee: £1200 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.

One Stop, 137 Oulton Road, Lowestoft, Suffolk NR32 4QS

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Oulton Broad North Station1.0 miles
  • Lowestoft Station1.1 miles
  • Oulton Broad South Station1.6 miles
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About Auction House, East Anglia

The Barn Newmarket Road Cringleford Norwich NR4 6UE
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Why Use Auction House East Anglia?

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.

Notes

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Disclaimer - Property reference 202511111443sq_2tf2. 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, 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, 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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