Prominent town centre commercial building with potential

This large property consists of a ground floor retail area with good frontage to Station Square, Denmark Road and Bevan Street East, together with first and second floor office and ancillary space. It was until recently let to Suffolk County Council as an Employment Advice Centre at £24,000 pa, and is now to be sold with vacant possession. Bevan Street has on street parking provision and there are a number of town centre car parks within easy walking distance. The property is not listed, however lies within a conservation area. The property has had a number of uses over the years including a hotel, hairdressers, beauty salon and gift shop. It lends itself to a number of potential uses including residential on the upper floors subject to the necessary consents. According to the valuation office website the property has an area of 191.9sq.m and a rateable value of £10,750 with effect from 1st April 2017. The property is in good decorative order, has gas fired central heating and a fire detection/alarm system and an intruder alarm installation.

Tenure

Freehold

Ground Floor

Large retail area, office, kitchen, male, female and disabled wc

First Floor

Landing, four offices, shower room, wc

Second Floor

Landing, three offices, wc

Outside

Large forecourt to the front. Off-road parking space to the rear (no. 30).

Planning

Retail - Use Class A2 (professional services) & D1 (non-residential institutions).

Rateable Value

According to the valuation office website the property has an area of 191.9 sq.m and a rateable value of £10,750 with effect from 1st April 2017.

Energy Efficiency Rating (EPC)

Current Rating E

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

Solicitors

Nicholsons Solicitors, 23 Alexandra Road, Lowestoft, NR32 1PP, Ref: Mr Mark Rymarz, Tel: 01502 532300

Additional Fees

Administration Charge - 0.3% inc VAT of the purchase price, subject to a minimum of £900 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.