For Sale By Auction | 10:00, 22 October 2025

Garages to the rear of 137 Oulton Road, Oulton Broad, Lowestoft, Suffolk NR32 4QS

*Guide | £40,000 - £60,000 (plus fees)

  • Garages
  • Tenure: Freehold

Call the team on 01603 505 100 for more information

Auction Date

Wed 22/10/2025

Auction Time

10:00

Auction Venue

Livestream Auction

Eight garages situated to the rear of the Premier Shop in Oulton Road, Lowestoft. All currently let producing £6,060 pa

Eight garages tucked away behind the Premier Shop on Oulton Road, Lowestoft. They are brick built and all have up and over doors. Each garage measures 16'6 x 8'6 (5m x 2.6m). There are eight in one block and are all currently let producing an income of £6,060pa Access to the garages is to the side of the parade of shops which offer a carpark to the rear where the garages are located. Regular traffic makes this a secure position. The vendor has owned the garages for 29 years and has stated that they have been an excellent investment with minimal effort, has now decided to sell due to retirement.

Tenure

Freehold

Rent Schedule

Garage 1 - £70 pcm Garage 2 - £70 pcm Garage 3 - £60 pcm Garage 4 - £55 pcm Garage 5 - £60 pcm Garage 6 - £70 pcm Garage 7 - £60 pcm Garage 8 - £60 pcm

Measurements

16'6 x 8'6 or 5m x 2.6m

Viewing

As they are rented, the garages can be viewed externally only at any reasonable time during daylight hours. All persons viewing should be aware that they enter the site entirely at their own risk.

Note

Please would all interested parties register their interest with the Auctioneer in order that they may be kept up to date with any developments.

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

Nicholsons Solicitors, Ref: Samuel McClusky, Tel: 01603 558700

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.

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Disclaimer: The map preview provided above is for general guidance only and may not accurately reflect the exact location or surrounding buildings. Prospective buyers and interested parties are strongly advised to independently verify the precise location and surroundings before bidding.