Imperial Buildings, Bevan Street East, Lowestoft, Suffolk, NR32 2AA
Business rates & charges may apply
- SIZE
Ask agent
- SECTOR
4 bedroom mixed use property for sale
Description
**For Sale By Public Auction 27th May 2026 09:30 AM To inspect the legal documents for this property go to our website to download the legal pack**
A Detached Building Arranged to Provide Three Ground Floor Retail Units and Four Flats (4 x One Bedroom) on the Upper Floors Part Let Producing £46,700 Per Annum (Reflecting a Gross Initial Yield of 12.6% based on the Guide Price).
Tenure
Freehold
Location
The property is situated on a residential road close to local shops and amenities. The open spaces of Normanston Park are within easy reach. Transport links are provided by Lowesoft rail station.
Description
The property comprises a detached building arranged to provide three ground floor retail units and four flats (4 x one bedroom flats).
Accommodation
Ground Floor
Three Retail Units
First Floor
4 x One Bedroom Flats
Accommodation & Tenancy Schedule
| Property | Floor | Accommodation | Tenancy Details | Current Rent |
| Shop 1 | Ground | Retail Unit | Lease for a term of 5 years commencing 1st September 2023 | £6,500 Per Annum |
| Shop 2 | Ground | Retail Unit | Lease for a term of 5 years commencing 1st May 2023 | £6,600 Per Annum |
| Shop 3 | Ground | Retail Unit | Vacant | N/A |
| 4 x Flats | Uppers | 4 x One Bedroom Flats | Individually let for a term of 5 years commencing 10th April 2023 | £33,600 Per Annum |
Open House Viewings To Be Confirmed
Brochures
Imperial Buildings, Bevan Street East, Lowestoft, Suffolk, NR32 2AA
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Lowestoft Station0.0 miles
- Oulton Broad North Station1.5 miles
- Oulton Broad South Station1.8 miles
Notes
Disclaimer - Property reference 342913. 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 London, London. 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 London, London on 020 7870 6217.
*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.”
Map data ©OpenStreetMap contributors.