Sold Prior | Lot 115

90 & 90a High Street, Lowestoft, Suffolk NR32 1XN

Sold Prior

  • Commercial Property
  • Tenure: Freehold

Call the team on 01603 505 100 for more information

Auction Date

Wed 20/03/2024

Auction Time

11:00

Auction Venue

Livestream Auction

Commercial property comprising vacant shop and former flat with off road parking and sea views

The deceptively spacious commercial property has accommodation over four floors and extends to around 139 sq/m. The shop with large former self contained flat above is in need of refurbishment and is sold as seen with vacant possession. It benefits from sea views and ample off road parking to the rear. The upper floors were used as a flat in the 70's and 80's and then were since used as offices. It is accessed via a separate door to the right of the shop and has accommodation over two floors. The property lies within a conservation area, however is not listed. It has been in the same family since the 1960's making it a rare opportunity. On instruction of a power of attorney.

Tenure

Freehold

Note

This property has been identified by East Suffolk Council as a priority site for funding through the PSiCA scheme for shopfront improvements. Please contact Rebecca Styles, Heritage Action Zone and PSiCA Project Manager (Rebecca.Styles@eastsuffolk.gov.uk) for more information about this funding programme.

Rateable Value

According to the Valuation Office website, the shop and premises has an area of 139.2 sq/m square metres and a rateable value of £5,500 with effect from the 1st April 2023.

Shop no 90

Lower ground floor: number of basement rooms Ground floor: shop, wc, two rooms

Former Flat no 90a

First floor: landing, two rooms, kitchen, wc Second floor: landing, three rooms

Outside

Off road parking for around five cars, rear garden in need of attention

Viewings

Open days are arranged and the next are on Monday, 11 March. To book an appointment please call the Norwich office.

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

East Suffolk Council

Solicitors

Norton Peskett (Great Yarmouth), Ref: Matthew Breeze, Tel: 01493 849225

Important Notice to Prospective Buyers:

We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.

Additional Fees

Administration Charge - 0.3% inc VAT of the purchase price, subject to a minimum of £1200 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.