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Two adjoining light industrial units currently let providing a joint income of £14,500 pa
The property comprises two self-contained industrial warehouse buildings on the same freehold title, each let to established tenants, providing an immediate, income-producing investment with potential for longer-term asset management (subject to lease terms and consents). Each unit is suitable for a range of trade, storage, light industrial and distribution uses (subject to any planning restrictions). They include open warehouse space, and ancillary areas including office/WC), depending on the unit.
Tenure
Freehold
93 Norwich Road Lowestoft
Office, preparation and storage area. Let to Push Forward rental income £7,500
95 Norwich Road Lowestoft
Office, preparation and storage area rear outside store shed Let to Anna Cleaning Rental income £7,000
Rateable Value
93: Current: 4 April 2025 to present £5,700 Future: from 1 April 2026 £6,000 95: Current: 4 April 2025 to present £3,900 Future: from 1 April 2026 £4,700
Energy Efficiency Rating (EPC)
Current Rating B, C
Services
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.
Local Authority
Suffolk Coastal District Council
Solicitors
Peter Colby Commercials Ltd, Ref: Sarah Garlish, Tel: 01603253313
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 - £600 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.
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.