Sponsored Get a Survey — free quotes via ReallyMoving
0 bed property
Next Steps
Sponsored — free quotes via ReallyMoving
Get a Survey
Essential before buying a property with potential — compare up to 5 quotes free
Our Summary
- Mixed-use freehold investment opportunity comprising a vacant ground floor retail unit and a separate two-bedroom flat producing £700 pcm, offered with excellent asset management potential
- - Paul Hubbard Commercial are delighted to bring to market this attractive mixed-use freehold investment opportunity, occupying a prominent position on Carlton Road in South Lowestoft
- The property comprises a vacant ground floor retail unit with a self-contained two-bedroom flat above, offering excellent potential for investors looking to add value through refurbishment and reletting
- Whilst currently vacant and requiring a programme of refurbishment, the unit offers an excellent opportunity to improve the accommodation and secure a new commercial tenant
Get alerted when similar properties are listed — Subscribe
Description
The property is situated on Carlton Road in South Lowestoft and occupies a prominent position. The ground floor is a vacant retail unit with a floor area of approximately 538 sq ft, consisting of a bright front retail area, rear kitchen/storage space, lean-to, and WC. The first floor is a self-contained two-bedroom flat extending to approximately 474 sq ft, with an open-plan living area, fitted kitchen, two bedrooms, shower room, and storage.
The flat is currently let at £700 pcm with an EPC rating of D, while the ground floor unit has an EPC rating of C and a rateable value of £4,300.