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London Road North, Lowestoft

£1,000 pcm
£12,000 pa

£12.71 per sq ft

Business rates & charges may apply

Paul Hubbard Commercial, Suffolk
SIZE AVAILABLE

944 sq ft

88 sq m

SECTOR

High street retail property to lease

Lease details

Lease available date:
Ask agent
individual-floor-00Ground Floor (3).jpg
1

Key features

  • Ground floor retail premises in a prominent London Road North position
  • Approximately 944 sq ft (87.7 sq m)
  • Spacious main retail area with useful rear accommodation
  • Wide glazed shopfront providing good visibility
  • Suitable for a range of retail, office or service-based uses, subject to consent
  • Opportunity for an incoming tenant to fit out the premises to suit their requirements
  • Significant rent-free period available by negotiation
  • Asking rent of £12,000 per annum (£1,000 pcm)
  • Rateable Value: £7,500 – potential 100% Small Business Rate Relief
  • EPC Rating: B

Description

Spacious 944 sq ft ground floor retail premises on London Road North, available at £12,000 per annum with a significant rent-free period offered by negotiation.

140 London Road North, Lowestoft - Paul Hubbard Commercial are pleased to offer this ground floor retail premises situated on London Road North, in the heart of Lowestoft town centre. Extending to approximately 944 sq ft (87.7 sq m), the property provides a good-sized front retail area together with useful ancillary accommodation to the rear.

The premises benefit from a wide glazed shopfront and offer flexible accommodation suitable for a variety of retail, office or service-based uses, subject to any necessary consents. The property would benefit from some updating and redecoration, providing an incoming tenant with the opportunity to fit the space out to suit their own requirements.

The landlord is seeking £12,000 per annum (£1,000 pcm) and is prepared to offer a significant rent-free period, subject to lease terms and covenant strength, to assist with initial refurbishment and fit-out costs.

Business Rates
The property has a current Rateable Value of £7,500. Qualifying occupiers may be eligible for 100% Small Business Rate Relief, potentially resulting in no business rates being payable. Interested parties should make their own enquiries with East Suffolk Council to confirm their individual liability.

EPC
The property has an EPC rating of B, with the current certificate valid until 22 October 2033.

Brochures

London Road North, Lowestoft

Approximate location
Open mapStreet View

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Lowestoft Station0.3 miles
  • Oulton Broad North Station1.6 miles
  • Oulton Broad South Station2.0 miles

About Paul Hubbard Commercial, Suffolk

178-180 London Road South, Lowestoft, Suffolk, United Kingdom, NR33 0BB

Paul Hubbard Commercial specialises in the letting of commercial property throughout Norfolk and Suffolk, acting for landlords across a wide range of property types and locations.

We regularly market shops, offices, industrial units, warehouses, hospitality premises, serviced offices and other commercial accommodation across Lowestoft, Great Yarmouth, Norwich, Ipswich and the wider East Anglia region.

Our focus is on matching landlords with suitable occupiers while keeping the letting process straightforward and efficient. Properties are promoted through the major commercial property portals, our established database of applicants, our website, social media and targeted marketing campaigns to maximise exposure.

Alongside tenant sourcing, we can assist with negotiations, heads of terms and the progression of a letting through to completion, providing landlords with a single point of contact throughout the process. Whether you have one vacant unit or a wider commercial portfolio, we offer practical advice backed by strong local market knowledge.

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 34960386. 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 Commercial, Suffolk. 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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