For Sale By Auction | 10:00, 30 July 2025 | Lot 129

48 & 48a High Street, Lowestoft, Suffolk NR32 1HZ

*Guide | £80,000 - £100,000 (plus fees)

  • Mixed Use
  • Tenure: Freehold

Call the team on 01603 505 100 for more information

Auction Date

Wed 30/07/2025

Auction Time

10:00

Auction Venue

Livestream Auction

Grade II listed mixed use property offering great investment opportunity situated in the High Street of the Suffolk coastal town of Lowestoft

This Grade II listed freehold retail shop with spacious two bedroomed flat above. This L-shaped building has many original character features and stunning sea views to the rear, and untypical for mixed use property, a pleasant garden to the rear of the property with coastal views. The accommodation is comprised of a ground floor shop with two spacious retail areas, with w.c. and kitchen that offers scope to become a second flat (stpp). The impressive first floor flat comprises a large lounge, two double bedrooms, bathroom, kitchen with large aspect windows exposing the beautiful location. This property would suit someone wanting to work and live in the same building or could provide a great investment with yield over £1,000 pcm. Early viewing is strongly recommended.

Tenure

Freehold

Ground floor

Retail shop, rear hall, retail shop area, kitchen and cloakroom

Access to flat

Access through a historic pathway 'known as the scores' provides shared access to the flat and rear garden. This access is shared with one neighbouring property.

Flat

Entrance door leads to stairs to first floor, landing, sitting room, kitchen, two bedrooms and bathroom

Exterior

The rear garden is a beautiful spot with splendid views, the garden is in need of some maintenance however is a great advantage to the property,

Council Tax Band (Flat)

A

Business Rates

Current rateable value according to .gov website £2,650

Energy Efficiency Rating (EPC)

Current Rating Flat D, Shop TBC

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

Solicitors

Norton Peskett (Lowestoft), 148 London Road North, Ref: Norton Peskett (Lowestoft), Tel: 01502 533 000

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 - £960 inc VAT payable on exchange of contracts.

Administration Charge - £1200 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.