TYPERetail - High Street, Land, Leisure Property, Retail - Out of Town, Retail, Commercial Land, Licensed & Leisure
TENUREUnder Offer, For Sale Freehold
POSTED ON28th September 2022
Description
Description
The property comprises a development site forming part of the wider Woods Meadow residential scheme being undertaken by Persimmon. The site is allocated in the development masterplan as a neighbourhood shopping centre and has the following benefits:
Location
Lowestoft is a busy coastal town and a centre for excellence for offshore and renewable energy. It is located approximately 30 miles south-east of Norwich and 40 miles north of Ipswich via the A47 and A12 trunk roads respectively. The built-up area of Lowestoft has a population in the region of 73,500, including areas such as Carlton Colville, Oulton and Corton.
The subject property is located in Oulton Broad area, some 3 miles west of Lowestoft town centre. It sits within a large housing development and opposite The Limes Nursery and Primary Academy School.
Accommodation Description
The site has a gross area of approximately 1.25 acres (0.51 hectares). The allocation permits the development of up to 1,000 sq m (10,764 sq ft) of retail floor space.
Terms
The site is being offered for sale on a freehold basis. Both conditional and unconditional offers will be considered. The vendors will require that evidence of due diligence and planning enquiries is submitted prior to accepting any offer.
In accordance with the latest Anti Money Laundering (AML) legislation, the purchaser will be required to provide proof of identity and address to the selling agents prior to solicitors being instructed.
Rates
The property does not currently have a rating assessment. ( Agency Pilot Software ref: 165655 )