*Guide | £50,000 - £70,000 (plus fees)
- Mixed Use
- 1 Bedroom
- Tenure: Freehold
Call the team on 01603 505 100 for more information
Freehold corner shop with one bedroom apartment
An excellent opportunity to acquire a mixed use investment property situated in Lowestoft, comprising a ground floor corner shop together with a self contained one bedroom apartment. The entire ground floor accommodation is offered with vacant possession, providing an incoming purchaser with the opportunity to secure new tenants and establish an valuable income stream. The first floor accommodation has previously been sold off on a long lease of 125 years, and the property is therefore being offered subject to this existing leasehold interest. Despite the first floor having been sold off on a long lease, the ground floor accommodation offers considerable investment potential, with potentially deliver double digit yields. An appealing proposition for investors seeking a mixed use property with immediate income producing potential.
Tenure
Freehold
Accommodation
Shop, internal door to Kitchen, sitting room, bedroom, shower room. The apartment also has separate access and could therefore be self contained. The first floor has not been inspected.
Shop
Current rateable value (1 April 2026 to present) £2,450
Council Tax Band
A
Energy Efficiency Rating (EPC)
Current Rating 3 - C, 3A - D
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
HKB Wiltshires (Great Yarmouth), Ref: Sarah Harris, Tel: 01493 855676
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 - £720 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.
Floor Plans
Click the image to view the full-sized floorplan.
