Sold £86,250
- Retail Property (high street)
- Tenure: Freehold
Call the team on 01603 505 100 for more information
A valuable freehold investment currently producing £8,000pa
This lock up freehold retail premises is located in a busy high street location at the heart of the main shopping area of Lowestoft. The current tenant is paying £8,000 per annum for the remainder of a five year lease which commenced 25th November 2019. The premises extend to 563 sq ft including the staff areas and WC An excellent investment opportunity.
Tenure
Freehold
Accommodation
Zone A 166.5 sq ft Zone B 167.5 sq ft Zone C 122 sq ft Staff areas, wc and electricity cupboard 101.5 sq ft Total Gross area 563 sq ft.
Viewings
Please call the Norwich office to book an appointment.
Energy Efficiency Rating (EPC)
Current Rating C
Services
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.
Local Authority
Waveney District Council. Tel: 01502 562111
Solicitors
Druces LLP, Suite 425 Salisbury House, London Wall, London, EC2M 5PS, Ref: Tom Rawe, Tel: 020 7638 9271
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Additional Fees
Buyer's Premium - £420 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.
