COVID-19 – Important Auction Information
For Sale By Auction | 11:00, 09 February 2022 | Lot 58

44 London Road North, Lowestoft, Suffolk, NR32 1EP

*Guide | £175,000+ (plus fees)

  • Commercial Property
  • Tenure: Freehold

Call the team on 01603 505 100 for more information

Auction Date

Wed 09/02/2022

Auction Time

11:00

Auction Venue

Livestream Auction

Vacant freehold retail premises in need of some remedial repairs and modernisation.

Offering great potential to an investment buyer, this extensive retail premises is arranged over three floors and extends to 2,500 sq/ft of usable floor space. Formerly an opticians which have relocated, the premises were occupied until summer 2021. Now vacant and in need of some improvements, this substantial property has many options and should be viewed to be fully appreciated. The property is located on the south end of a busy high street.

Tenure

Freehold

Ground floor

Extensive open space with stairs to first floor and to the rear, large rear hall/room with a further staff room leading off.

First floor

Further large retail room with large display window overlooking the high street, store room, two further rooms to the rear, ladies and gents toilets.

Second floor

Landing, three large reception rooms, small store room.

Viewing

Open day viewing is booked for Wednesday 19 & Friday 21 January. Please call the Norwich office to book an appointment

Energy Efficiency Rating (EPC)

Current Rating F

Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Local Authority

East Suffolk Council. Tel: 0333 016 2000

Solicitors

Norton Legal, Unit 8 Beech Avenue, Taverham, Norwich, NR8 6HW, Ref: Tracy Guest, Tel: (01603) 864331

Additional Fees

Buyer's Premium - £960 inc VAT payable on exchange of contracts.

Administration Charge - 0.3% inc VAT of the purchase price, subject to a minimum of £1140 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.