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Description

The property is of modern steel frame construction with external part brickwork and part profiled steel walls and roof, internal insulation to all walls and roofs and good level of internal and external finishes.

LOCATION:
Prominently situated fronting Tower Road on the South Lowestoft Industrial Estate with good vehicular access to the A12 Primary Road to Ipswich, the A146 Primary Road to Beccles and Norwich, together with the urban area of Lowestoft.

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 of modern steel frame construction with external part brickwork and part profiled steel walls and roof, internal insulation to all walls and roofs and good level of internal and external finishes. There is a single vehicle access door and personnel door to the Tower Road frontage of the building and further fire escape personnel doors to the northern side and rear eastern elevation of the building. There is a power floated concrete floor and good levels of electricity supply.

ACCOMMODATION:
Workshop/Warehouse: 677.73 sq m (7,295 sq ft)
TOTAL: 677.73 sq m (7,295 sq ft)  

SERVICES:
Three phase electricity, mains gas, mains water and main drainage connections.
Security Alarm Installed

RATING:
Rateable Value: £17,250

PLANNING USE:
Business – Use Class B; Industrial – Use Class B2 or Warehousing – Use Class B8

TERMS:
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 of £30,000, per annum, subject to 3 yearly rent reviews and the receipt of satisfactory references.

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 lessor’s legal fees in the event of withdrawing from the transaction before completion.

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