Retail property (high street) for sale
Property description & features
Full Description - A fantastic opportunity has arisen to purchase a beautiful, unique and deceptively spacious commercial unit on Grove Road in Lowestoft.
For over 10 years the property has been used by a successful, family run music shop, however due to relocation of the business, the building is now available for sale.
Set across two floors and with around 1400sq ft of floorspace, the property is very spacious and has a lot of potential, both as a commercial property or potentially a residential conversion.
The property currently consists of two retail areas, one on the ground floor and one on the first floor, two practice rooms, a store room/stock room on the first floor, a kitchen area and a WC. The property has a "flying freehold", so part of the first floor is positioned above a small cafe.
The current owner has refurbished most of the shop since it was purchased, including replacing all of the lights, building two practice rooms for music lessons, replacing the roof and painting the outside of the shop.
The property doesn't have a gas connection, however the mains gas supply is located very close by so the new owner should not have any issues getting connected.
Location wise, the property is situated within a couple of minutes of Lowestoft train station, bus station, South Beach and the high street, so it's perfectly located to make the most of the hustle and bustle of the town centre on a daily basis.
GROUND FLOOR
RETAIL AREA 1
Carpet flooring, 2x wooden double glazed windows to front aspect, 2x wooden double glazed windows to side aspect, stainless steel window security bars, laminate sales counter with storage spaces beneath, carpet staircase leading to first floor.
FIRST FLOOR
RETAIL AREA 2
Carpet flooring, 2x wooden double glazed windows to side aspect, electric storage heater and doors leading to Practice Room 1, 2, Store Room and Kitchen/WC.
PRACTICE ROOM 1
Carpet flooring, wooden double glazed window to front aspect, electric storage heater.
PRACTICE ROOM 2
Carpet flooring, wooden double glazed window to side aspect and front aspect.
STORE ROOM
Carpet flooring, possible access to attic area.
KITCHEN
Wood flooring, laminate work surfaces with storage space beneath, wooden shelving unit, Triton hot water tap, stainless steel sink with drainer, door leading to Fire Exit and WC.
WC
Wood flooring, white ceramic hand wash basin, Triton hot water tap. Supreme hand dryer. white ceramic toilet, wooden double glazed window to side aspect, wooden shelving unit and space in the ceiling for additional storage.
OUTSIDE
The property is situated on Grove Road in Lowestoft, Suffolk. Grove Road runs adjacent to London Road North, Lowestofts main high street, and is just a stones throw from the train station, theatre, bus station, South Beach and a range of other amenities.
Location - This property is located in an English coastal town that is situated on the edge of the Norfolk broads; it is the most easterly point of the British Isles. Home to Blue Flag award winning sandy beaches with stunning and historical Victorian seafront gardens, the Royal Plain Fountains, two piers and independent eateries. There are a number of fantastic schools in the area to suit all ages, a Bus Station and Train Station which both run regular services to Norwich and surrounding areas. Lowestoft is 110 miles north-east of London, 38 miles north-east of Ipswich and 22 miles south-east of Norwich.
Rates - No business rates are payable.
Vat - VAT is not payable on this purchase.
Legal Costs - Each party is responsible for their own legal costs.
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