This freehold retail shop with offices above offers a great space to convert into a flat (STPP) is situated close to the sea.

This freehold investment opportunity is in the heart of Lowestoft, just off the main High Street and is currently run as a music shop by the current owner with sound proof tuition rooms above and storage. The property offers retail space on the ground floor with dual aspect shop front as positioned on the corner. Pleasing in appearance this property has good opportunities for an investor. Subject to the necessary planning, the upstairs would create an ideal flat to help obtain a good yield.

Tenure

Freehold

Retail Shop

Open space with dual aspect windows and stairs to first floor

First floor

Storage facility with two sound proof tuition studios and an office

Viewings

Please contact the Norwich office to book an appointment to view.

Energy Efficiency Rating (EPC)

Current Rating C

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

Mears Hobbs and Durrant (Lowestoft), Ref: Richard Temple, Tel: 07908 987100

Additional Fees

Buyer's Premium - £960 inc VAT payable on exchange of contracts.

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.