43 Raglan Street, Lowestoft, Suffolk NR32 2JS
- PROPERTY TYPE
Mixed Use
- BEDROOMS
1
- BATHROOMS
1
- SIZE
Ask agent
Key features
- Corner shop and one bedroom apartment
- Freehold includes first floor flat sold off on long lease
- Excellent income producing potential
- Guide price: £50,000 to £70,000
- For sale by livestream auction
- Unless previously sold or withdrawn prior
- 10:00am, Wednesday 9th December 2026
Description
FOR SALE BY LIVESTREAM AUCTION ON WEDNESDAY 9TH DECEMBER 2026 AT 10:00AM
TO REGISTER FOR LEGAL PACKS AND BIDDING INSTRUCTIONS PLEASE VISIT OUR WEBSITE
Freehold corner shop with one bedroom apartment
An excellent opportunity to acquire a mixed use investment property situated in Lowestoft, comprising a ground floor corner shop together with a self contained one bedroom apartment. The entire ground floor accommodation is offered with vacant possession, providing an incoming purchaser with the opportunity to secure new tenants and establish an valuable income stream.
The first floor accommodation has previously been sold off on a long lease of 125 years, and the property is therefore being offered subject to this existing leasehold interest.
Despite the first floor having been sold off on a long lease, the ground floor accommodation offers considerable investment potential, with potentially deliver double digit yields.
An appealing proposition for investors seeking a mixed use property with immediate income producing potential.
Accommodation Shop, internal door to Kitchen, sitting room, bedroom, shower room. The apartment also has separate access and could therefore be self contained. The first floor has not been inspected.
Shop Current rateable value (1 April 2026 to present)
£2,450
Council Tax Band A
Tenure: Freehold
EPC Rating: 3 - C, 3A - D
Administration Fee: £1200 inc VAT payable on exchange of contracts.
Buyer's Premium Fee: £720 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.
43 Raglan Street, Lowestoft, Suffolk NR32 2JS
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Lowestoft Station0.2 miles
- Oulton Broad North Station1.4 miles
- Oulton Broad South Station1.8 miles
About Auction House, East Anglia
The Barn Newmarket Road Cringleford Norwich NR4 6UE
Notes
Disclaimer - Property reference 202610160942sq_x43e. 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.”