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Description

The buildings include a two storey office, single storey workshop, stores and MOT Bay and large showroom with mezzanine. All external areas of the property are laid to concrete hard standing that provide good circulation and parking space.

LOCATION:
Situated off Harrod Close in central Lowestoft, close to Peugeot, Suzuki and Honda car showrooms and an Asda superstore. There is direct access from the A12 roundabout at the junction of Horn Hill, Tom Crisp Way and Waveney Drive.

Lowestoft with a resident population of approximately 75,000 people and a catchment population in excess of 160,000 people, is the second largest town in Suffolk, a centre for commercial, industrial, retail, educational, research, administrative, energy, port and leisure activities.

DESCRIPTION:
The property is fully fenced with two entrance gates, one from Harrod Close and the other from a private road that leads from Horn Hill. The buildings are of various ages and types of construction and include a two storey office, single storey workshop, stores and MOT Bay and large showroom with mezzanine. All external areas of the property are laid to concrete hard standing that provide good circulation and parking space.


ACCOMMODATION:
2 Storey Office Building: 47.28 sq m (509 sq ft)
Motor Vehicle MOT Bay: 61.68 sq m (664 sq ft)
Stores & Workshop: 118.05 sq m (1,270 sq ft)
Showroom & Mezzanine 183.28 sq m (1,973 sq ft)
Secondary Workshop: 105.41 sq m (1,135 sq ft)
Total: 515.70 sq m (5,551 sq ft)

Hard Surfaced Yard: 766.80 sq m (8,254 sq ft)

SERVICES:
Mains three-phase electricity, water and drainage connections
Separate male and female toilet facilities
Heating by oil fired warm air blowers and electric connection appliances

RATING:
Rateable Value: £11,250

PLANNING USE:
Motor Vehicle Workshop
Industrial & Warehouse / Storage Uses - Use Clase B2 or B8

TERMS:
Leasehold: New lease for a minimum term of 5 years at an initial annual rent in the region of £25,000 exclusive, subject to a lessee’s full repairing and insuring covenant and the receipt of satisfactory references.

Freehold: Offers in the region of £300,000

LEGAL COSTS:
Each party to be responsible for their own legal costs, with prospective lessee’s and purchasers to enter into a binding undertaking to pay the vendors legal fees in the event of withdrawing from the transaction before completion.

VIEWING:
Strictly by appointment with the sole agents:
Richard Perkins & Associates