London Road North, Lowestoft, NR32 1LT

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Description

The property is in a prime location in London Road North. Nearby occupiers include New Look, Boots, Costa Coffee and WH Smith.

Location

Lowestoft has a resident population of ca 70,000 persons and approximately 190,000 within 20 km of the Centre. The town provides easy access to the A12 and A47. The retail population is substantially increased by the annual influx of tourists.

Accommodation Description

The property is arranged over three levels as follows with the following approximate net internal floor areas:

Ground Floor Sales 1,734 sq ft161.1 sq m
First Floor Offices975 sq ft90.6 sq m
Basement Storage1153 sq ft107.1 sq m
Total3,863 sq ft358.8 sq m

Terms

The property forms a separate part of 61-63 London Road North which is held on a 20 year full repairing and insuring lease expiring 27th April 2027. 61 London Road North is available to be sublet on terms to be agreed.

Rates

The Valuation Office Agency website indicates that the property, 61 London Road North is currently jointly rated with 63 London Road North. The rates payable will depend on the occupier's circumstances and can be obtained by contacting East Suffolk Council Business Rates, or via www.gov.uk/correct-your-business-rates which includes a rates payable calculator. ( Agency Pilot Software ref: 165528 )