141 London Rd N - Storefront FOR SALE


Lowestoft, SFK NR32 1ND
$895,000 USD
150-244-1152
141 London Rd N, Lowestoft, SFK for Sale
$895,000 USD
Storefront - FOR SALE
1/5
null | Request Cap Rate

141 London Rd N
Lowestoft, SFK NR32 1ND


HIGHLIGHTS

  • Prominent Business Location
  • Solid Transport Links
  • Redevelopment Project

OVERVIEW

The property is of brick construction under a flat roof offering extensive sales and ancillary accommodation over ground and first floor levels with parking and servicing at the rear off Police Station Road from Regent Street. To the front there is parking with bus stops nearby. The property has an established Class A1 (Retail) use but is considered suitable for a range of other commercial and residential uses, subject to planning. Planning permission (DC/23/1433/FUL) has been granted for the demolition of the existing building and construction of a five storey mixed use building comprising of residential dwellings (Class C3) on the upper stories and commercial (Class E) on the ground floor with cycle parking, bin storage and amenity space. The new development will comprise 45 flats

FOR SALE DETAILS

PRICE

$895,000 USD

PRICE/SF

$27 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1950

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.52 AC

LAND SF

22,651 SF

ZONING

-

APN/PARCEL ID

SK127473

ASK ABOUT THIS PROPERTY

150-244-1152

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150-244-1152

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