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

Please call the Auctioneers - 01603 505100

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

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.