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Description

L Shaped premises of single storey construction with an eaves height of approx 5 metres, providing clear work & storage space and a toilet. There is an estate car park close to the premises.

LOCATION.
Harbour Road Industrial Estate is situated on the northern bank of Lake Lothing approximately 2.5 miles to the west of Lowestoft town centre with road access from Bridge Road, Oulton Broad. Lowestoft, the second largest town in Suffolk with a resident population of approximately 70,000 and a catchment population of 100,000, is a centre for industrial, port, business, retail and leisure activities.

DESCRIPTION:
The L Shaped premises are of single storey construction with an eaves height of approx 5 metres, providing clear work and storage space, and a toilet. There is an estate car park close to the premises.

ACCOMMODATION:
Unit 28: 354.00 sq m (3,810 sq ft)
Unit 30: 176.03 sq m (1,895 sq ft)
Total: 530.03 sq m (5,705 sq ft)

SERVICES:
Three phase electricity, water and main drainage connections.

RATING:
Rateable Value: £6,000
PLANNING USE:
Light Industrial – Use Class B1, or Warehouse – Use Class B8

TERMS:

LEASEHOLD:
A new lease for a minimum term of 6 years subject to a lessee’s full repairing and insuring covenant at an initial annual exclusive rent in the region of £12,000, subject to the receipt of satisfactory references.

FREEHOLD:
Offers in the region of £120,000 for the purchase of the freehold interest.

VAT:
The vendor / lessor reserves the right to apply VAT to the rent and other outgoings.

LEGAL COSTS:
Each party to be responsible for their own legal costs. Prospective lessee’s are to enter into a binding undertaking to pay the lessors legal fees in the event of withdrawing from the transaction before completion.

VIEWING:
Viewing is strictly by appointment with the sole agents: Richard Perkins & Associates.