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Description

The premises provide modern retail space with ancillary stores and offices.

LOCATION:
Prominently situated within Lowestoft Town Centre, to the east of the principal retail areas, adjacent to the Fish Dock and fronting Battery Green Road, which forms part of the town centre ring road system. Lowestoft with a resident population of approximately 70,000 and a catchment population in excess of 100,000 is the second largest town in Suffolk, a centre for commercial, industrial, retail educational, administrative, port and leisure activities.

DESCRIPTION:
The premises provide modern retail space with ancillary stores and offices that could be reconfigured to provide open plan space together with a mezzanine floor. There is a shared parking and circulation area adjacent to the buildings.

ACCOMMODATION:
Front Retail Area: 55.25 sq m (595 sq ft)
Store: 18.20 sq m (196 sq ft)
Office: 7.00 sq m (75 sq ft)
Rear Retail Areas: 138.00 sq m (1,485 sq ft)

Total: 218.45 sq m (2,351 sq ft)

SERVICES:
Mains three-phase electricity, water, gas and drainage connections; gas fired heating to radiators; shared use of toilets and kitchen.

RATES: Rateable Value: £8,600

PLANNING USE:
Retail, Business Space Workshop and Warehouse Uses: Classes A1, B1 or B8.

TERMS:
New lease for a minimum term of 3 years upon inclusive terms outside the provisions contained within Sections 24-28 of the Landlord & Tenant Act 1954, subject to the receipt of satisfactory references, at an exclusive annual rent in the region of £13,500.

LEGAL COSTS:
Each party to bear their own legal costs. Prospective lessees are to enter into a binding undertaking to pay the lessors legal fees in the event of withdrawing from the transaction before completion.