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Description

End of terrace property with self contained first floor and ground floor office suites accessed through a shared entrance hall. Each office suite has three interconnected offices, a kitchen and toilet facilities.

LOCATION.
Situated within central Lowestoft opposite Lowestoft Hospital and within close proximity of the principal retail and business areas in the Town Centre. Lowestoft with a resident population of approximately 75,000 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:
End of terrace property with self contained first floor and ground floor office suites accessed through a shared entrance hall. Each office suite has three interconnected offices, a kitchen and toilet facilities.

A double garage and five parking spaces are situated at the rear of the property, with access from the rear of the ground floor offices through a small external courtyard garden and gate, or from the shared access road.

ACCOMMODATION:
Ground Floor Office Suite: 51.45 sq m (554 sq ft)
First Floor Office Suite: 52.48 sq m (565 sq ft)
TOTAL: 103.93 sq m (1,119 sq ft)

Double Garage: 26.54 sq m (286 sq ft)

SERVICES:
Mains three phase electricity, mains water and main drainage connections.

Gas fired central heating to a pumped radiator system, to each office suite.

A security alarm installation, to each office suite.

A single toilet to the ground floor office suite, two toilets to the first floor office suite.

RATING:
Rateable Values: Ground Floor Offices & Garage: £3,800
First Floor Offices & Parking: £3,850

PLANNING USE:
Business – Use Class B1

TERMS:
Freehold:
Offers in the region of £165,000 for the freehold interest of the entire property with vacant possession.

Leasehold:
A new lease to the ground floor office suite and the garage, for a mimimum term of 3 years at an initial annual rent in the region of £5,000 exclusive, subject to a lessee’s full repairing and insuring covenant in part by a Service Charge and the receipt of satisfactory references.

LEGAL COSTS:
Each party to be responsible for their own legal costs. Prospective purchasors or lessees are 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