Lowestoft is located on the A47, 10 miles south of Great Yarmouth and 20 miles south-east of Norwich and has a resident population of 75,000 which grows significantly in the summer months.
The property occupies a prime retail location adjacent to Boots and in the immediate vicinity of major national multiple retailers including Marks & Spencer, Burton, Vodafone, Greggs and Barclays Bank.
The premises comprise the following approximate areas:-
Ground Floor sales: 6,530 sq ft 606.6 sq m
First Floor sales: 6,505 sq ft 604.3 sq m
Second Floor sales: 6,540 sq ft 607.5 sq m
Third Floor sales: 4,550 sq ft 422.7 sq m
Basement store: 285 sq ft 26.4 sq m
TOTAL 24,410 sq ft 2,267.7 sq m
There is rear servicing from Grove Road with a goods lift and separate pedestrian access leading to ground floor sales.
The property is available on both a freehold and leasehold basis, in part or as a whole.
New leases will be granted upon full repairing and insuring terms via a service charge as necessary for a term of years to be agreed incorporating periodic upward only rent reviews.
Terms upon request.
Offers are invited for the freehold interest with full vacant possession.
The property has an established Class A1 (Retail) use but is considered suitable for a range of other commercial and residential uses, subject to planning. Interested parties should make their own investigations of East Suffolk Council on 01502 523100.