Mixed use investment comprising convenience store and 1 bed flat producing £16,800pa
Mixed use investment property comprising convenience store and one bedroom apartment. Current income £16,800pa An excellent investment opportunity in a prominent position close to the town centre and within a short walking distance of the sea front. The freehold includes a convenience store currently let with an income of £12,000pa, above which is a self-contained one bedroom apartment with separate access to the rear. The property was previoulsy a restaurant and retains the opportunity to return it to a fast food outlet in the future if required. Lowestoft is a busy coastal town with excellent road and rail links to other major local centres.
Tenure
Freehold
Description
Ground Floor Shop
Shop, office, cloakroom, rear store, rear courtyard with store and access to first floor flat.
First Floor Flat
Kitchen/dining room, sitting room, bedroom, bathroom.
Viewing
Open days
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
AH Page, 640 Cranbrook Road, Barkingside, Ilford IG6 1HQ, Ref: Richard Bull, Tel: 0208 554 1985
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
Administration Charge - 0.3% including VAT subject to a minimum of £840.00 including VAT
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.