2 Surrey Street and 57 London Road North, Lowestoft

Guide price

£160,000

Size

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Tenure

Freehold

EPC

Parking

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Primary use
Traditional office
Capacity
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Desks
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No floor / site plan

Key features

  • To be offered on Wednesday 16 September
  • A freehold mixed-use building
  • High yielding mixed use investment
  • Comprising a ground floor retail unit and a first and second floor office
  • Total GIA approx. 2,850 sq ft (264.75 sq m)
  • Predestined Town Centre Pitch
  • Asset management potential via lease renewal
  • Development potential via residential conversion of upper parts(stp)
  • Investment let at £26,700 pa (16.69% GIY on guide price)

Description

The property comprises 2,199 sq ft, with retail accommodation on the ground floor and office space on the first and second floors. The property is currently let to two tenants, both of whom are holding over, providing an immediate asset management opportunity through lease renewals.

The property is situated within the pedestrianised town centre in a prominent corner position on the west side of London Road North, at its junction with Surrey Street. Occupiers close by include Shoezone, Natwest , Barclays Bank, Greggs, Boots and Marks & Spencer amongst many others


Lowestoft benefits from good road communications by being at the junction of the A12 and the A47, and close to the A146. Lowestoft Rail Station provides regular services to Norwich and Saxmundham
Additional information
Service charge
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Business rates
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Use class
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Listed building
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Energy performance certificate: A

An Energy Performance certificate helps you understand the current energy efficiency of a property.

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Environmental data
BREEAM rating

Unclassified

Environmental description
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Read more about energy considerations for commercial property

2 Surrey Street and 57 London Road North, Lowestoft

NEAREST STATIONS

National Rail

Lowestoft Station

0.12 miles

National Rail

Oulton Broad North Station

1.53 miles

National Rail

Oulton Broad South Station

1.9 miles

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Disclaimer - Property reference C138AF6F-B579-4BAA-9BBB-911BF1839B48. 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 Savills National , City Offices. 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.