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Commercial investment opportunity set across 3 floors in Lowestoft, Suffolk.

Lowestoft, Suffolk
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Commercial investment opportunity set across 3 floors in Lowestoft, Suffolk.Commercial investment opportunity set across 3 floors in Lowestoft, Suffolk.Commercial investment opportunity set across 3 floors in Lowestoft, Suffolk.Commercial investment opportunity set across 3 floors in Lowestoft, Suffolk.Commercial investment opportunity set across 3 floors in Lowestoft, Suffolk.Commercial investment opportunity set across 3 floors in Lowestoft, Suffolk.Commercial investment opportunity set across 3 floors in Lowestoft, Suffolk.Commercial investment opportunity set across 3 floors in Lowestoft, Suffolk.Commercial investment opportunity set across 3 floors in Lowestoft, Suffolk.Commercial investment opportunity set across 3 floors in Lowestoft, Suffolk.Commercial investment opportunity set across 3 floors in Lowestoft, Suffolk.Commercial investment opportunity set across 3 floors in Lowestoft, Suffolk.Commercial investment opportunity set across 3 floors in Lowestoft, Suffolk.
  • Freehold: £175,000
  • Turnover: Not Applicable
  • Net Profit: Not Applicable

Business Details

Investment/development opportunity close to Lowestoft town centre. The property currently has a commercial unit on the ground floor with a tenant in situ.

The rest of the building is in need of work but has the potential to be converted into 2 spacious flats.

The property is located on Commercial Road, which is a stones throw from Lowestoft train station, high street and a wide range of other local amentities. 

Property Description:

GROUND FLOOR - COMMERCIAL UNIT

RETAIL AREA
UPVC double glazed door and window to front aspect, carpet flooring, wooden slatpanel walls, CCTV security camera, access to cellar spanning the full width of the Retail Area, hallway through to Kitchen and Storage Cupboard.

KITCHEN
Electric oven with stainless steel overhead extractor, 4 ring hobs, electric storage heater, laminate work surfaces with storage above and beneath, UPVC double glazed window to side aspect, door through to Storage Area and WC.

STORAGE AREA
Laminate work surface with storage cupboards above and below, door leading to Kitchen and WC.

WC
UPVC double glazed window to side aspect, white ceramic toilet, white ceramic hand wash basin.

SEPARATE ENTRACE:
UPVC double glazed door to front aspect, leading to corridor with concrete flooring and exposed brick walls. Second door leading to stairwell with access to the first floor and rear courtyard area.

FIRST FLOOR

ROOM 1
2x UPVC double glazed window to front aspect, exposed wooden floorboards and door leading to landing area.

ROOM 2
UPVC double glazed window to rear aspect, exposed wooden floorboards and door leading to landing area.

ROOM 3
Window to side aspect (boarded up), exposed wooden floorboards and door leading to landing area.

ROOM 4
Window to side aspect (boarded up), exposed wooden floorboards and door leading to Room 3.

WOODEN STAIRCASE TO SECOND FLOOR

SECOND FLOOR

WC
White ceramic hand wash basin, white ceramic toilet, exposed wooden floorboards and door leading to landing area.

ROOM 5
Window to side aspect, exposed wooden floorboards, white ceramic hand wash basin and old water heater/boiler.

WOODEN STAIRCASE LEADING TO UPPER SECOND FLOOR

ROOM 6
2x UPVC double glazed windows to front aspect, exposed wooden floorboards, small storage cupboard and door leading to landing area.

ROOM 7
UPVC double glazed window to rear aspect, exposed wooden floorboards, small storage cupboard and door leading to landing area.

EXTERIOR
To the rear of the property is a small courtyard, which is accessible via a door on the ground floor.

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Particulars / More Information

Contact the seller for more details, or book a viewing

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Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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