No longer on the market
This property is no longer on the market
Floorplan
MapMixed use
Key information
Features and description
- Freehold investment opportunity located close to Lowestoft town centre.
- Self-contained maisonette covering four floors in need of further improvement
- Potential to convert to multiple units STPP
- Guide price: £80,000 - £100,000
- For sale by livestream auction
- Unless previously sold or withdrawn prior
- 10:00am, Wednesday 30th July 2025
SOLD AT AUCTION FOR £98,000
A four storey town centre freehold premises in need of some updating, previously a lock up hairdressers shop and a spacious self-contained four bedroom maisonette
This impressive four storey building comprises a former lock up hairdressing salon and large self-contained maisonette above offering outstanding views of Lowestoft Harbour. The flat and shop are now in need of general improvement but the building could offer outstanding investment income being located close to the town centre, railway station and harbour.
The spacious hair dressing salon nestles below the flat and offers main shop/salon area, two stock rooms, separate cloakroom and cellar with the upper floors this extends to 3,500 sq ft of floor space.
Potential to convert upper floors into multiple units.
Ground Floor Main retail salon area, two stock rooms, cloak room, large cellar.
Upper Floors (Maisonette) Arranged over four floors with own entrance, kitchen, dining room, four bedrooms, bathroom and attic room.
Business Rates According to the Valuation Office website the former hairdressing salon and premises has a current rateable value of £3,300 with effect from 1 April 2023.
Council Tax Band A
Tenure: Freehold
EPC Rating: E
Administration Fee: £1200 inc VAT payable on exchange of contracts.
Buyer's Premium Fee: £600 inc VAT payable on exchange of contracts.
Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
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